A fractional CFO argues you should stop saying you can't afford help and instead calculate the actual cost. If you need four hours a week freed up, figure out what tasks fill those hours, then find creative ways to fund or obtain that help rather than just accepting more work.
Chapters
A lot of times when we think about these types of things in concept, we go from I need help to I don't have the cash flow to afford it. But then I'm like, wait a minute, let's step back. We're numbers nerds. How much money would it take to get the help that I need to get the CFO client? And then I would probably translate that into hours. I need to handle a CFO client like, you've got an idea for your scope because you've got your one big client that looks a lot like four hours a week for another client. So I need to free up four hours a week in order for me to get four hours back because of all these tax returns. That means I need someone that can do these three things and work through it to put a dollar amount on it. Once you get a dollar amount, my assumption is that dollar amount is likely not as big as it feels right now. And then once you're armed with that dollar amount, now we can get creative and start figuring out what can we do that's minimum time investment that we could use to leverage to get the help that we need. We got to get you some help, because at the end of the day, something's got to give. You're either going to work more hours or you're going to get help. Someone' those hours for you.