Part time CFO
#1
Part time CFO

Hello. Is there anyone here who has experience working with a part-time/fractional CFO especially at the early stage of the company or while fundraising? What was the experience like? Is it worth it?

I’m in the process of raising funds from Angel investors and although someone helped me make my financial model, I realize I need help in figuring out other stuff such as valuation, projections, how much equity and how to navigate negotiations with potential investors, and how to set financial KPIs.

I bootstrapped my business and just figured stuff out along the way. We closed the business at the start of lockdowns last year and officially reopened the business in January this year. My business partner left the last year and since it’s just me now, i rebuilt the business and started anew and this time I want to make things right. Any insights and advise is greatly appreciated. Thanks!

submitted by /u/bbpaupau01
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