Frequently asked questions
Here are some common questions we often receive from founders and business owners.
What is a fractional CFO and how can they benefit my business?
A fractional CFO provides high-level financial expertise on a part-time or project basis, offering strategic financial guidance without the cost of a full-time CFO. They help with financial planning, cash flow management, fundraising, and strategic decision-making, making them ideal for businesses that need expert financial management but cannot justify a full-time CFO.
How does Till determine which service tier is right for my business?
Till conducts an initial consultation to assess your business’s financial needs, growth stage, and strategic goals. Based on this evaluation, we recommend the most suitable service tier—Build, Grow, or Scale—to ensure you receive the appropriate level of financial support and expertise.
What kind of businesses typically benefit from Till's services?
Till’s services are ideal for businesses in the technology (especially SaaS, AI, and FinTech), professional services (consulting, legal, marketing firms), non-profit, and financial services sectors. Our clients typically have annual revenues between $1 million and $25 million and are looking to optimize their financial operations, secure funding, and scale their business.
How does the engagement process work with a fractional CFO from Till?
Engagement begins with an initial consultation to understand your business needs. Following this, we tailor a plan specific to your requirements and assign a dedicated team of financial experts led by a CFO or controller. Regular meetings and continuous support ensure that your financial strategy aligns with your business goals. The frequency and depth of these interactions depend on the service tier selected.
How can Till assist with fundraising and capital raising efforts?
Till’s fractional CFOs bring extensive experience in preparing businesses for fundraising. This includes creating compelling financial presentations, developing an equity story, optimizing financial structures, and supporting negotiations with investors. Our goal is to ensure you secure the necessary capital efficiently and on favorable terms.
How does Till's service differ from the work done by my bookkeeper?
While bookkeepers handle essential tasks such as recording transactions, managing payroll, and reconciling accounts, Till provides strategic financial leadership. Our CFOs offer high-level financial planning, strategic budgeting, capital raising guidance, risk management, and performance analysis—services that go beyond the scope of typical bookkeeping. This strategic oversight helps businesses make informed decisions, optimize growth, and navigate complex business challenges.
