When I tell a contractor I offer fractional CFO support, I usually get a polite nod and a look that says, "Isn't that for big companies?"
It's a fair question. Here's what it actually looks like for a growing contractor or trade business, say one doing a few million a year with a couple of crews and an office manager who is stretched thin.
"Fractional" just means part-time. You get CFO-level help on an agreed basis, without hiring a full-time finance executive.
What we work on together:
Cash forecasting. A rolling 13-week forecast, so you can see payroll weeks, supplier payments and slow stretches before they show up. No more guessing whether you can afford the new truck in February.
A budget you'll actually use. Sales goals by month, planned hires, equipment, and owner pay, then a quick look each month at how reality compared.
Margins by job and pricing. Which kinds of jobs leave real money behind and which just keep the crew busy. That changes how you bid.
Bank and lender readiness. Clean statements and a cash plan ready before you ask for a line of credit or equipment loan, not the week after.
A monthly money meeting. Thirty to sixty minutes where we go through what changed, what it means, and the next decision. Plain English, no jargon.
What a typical month looks like: once your books are closed for the month, I update the forecast and the numbers that matter most to you, maybe cash, backlog, gross margin and who owes you. Then we meet, talk through what changed, and agree on one or two decisions. Between meetings, you can text or email me when a bid, a hire or a big purchase comes up, so you're not making those calls alone.
What it isn't: I don't prepare tax returns or give legal advice. I work alongside your tax preparer and attorney and make sure they get organized numbers. And if your books need cleanup first, we plan that up front, because clean books are the foundation.
The point isn't more reports. It's knowing, with real numbers, when to hire, what to charge, how much cash to keep, and whether the next opportunity makes sense.
Fractional CFO support starts at $1,500/month, and the first step is a free consult. If you're growing and the money decisions are getting bigger, take a look at the details here: https://www.twomilesadvisory.com/fractional-cfo-reno
— Rachel, Two Miles LLC