Fractional CFOs for Your Construction Company
in Minnesota
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Fractional CFOs
Pillar Wealth
11 Client Reviews
"The Pillar team has provided me with a very valuable outside perspective. They asked great questions and provided options and recommendations that worked well for my goals."
Proview CFO
1 Client Reviews
"Great! Really enjoy working with Collin and we'll engage with him even more in the future. Great guy, understands finance completely."
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FrequentlyAsked Questions
Q: What does a fractional CFO do for a construction company?
A: A fractional CFO for construction provides part-time financial leadership, including job costing, cash flow management, budgeting, and project forecasting. They help navigate labor costs, subcontractor payments, and strategic growth without the expense of a full-time CFO.
Q: How much does a fractional CFO cost for construction businesses?
A: Most fractional CFOs charge between $200–$350/hour or $5,000–$20,000/month depending on scope, experience, and company size. This is significantly more affordable than hiring a full-time CFO, which often costs $250K+ annually.
Q: When should a construction company hire a fractional CFO?
A: Consider hiring a fractional CFO when your construction business is growing, managing multiple projects, facing cash flow challenges, or preparing for funding. They’re also useful during transitions like mergers, expansions, or system upgrades.
Q: What’s the difference between a fractional CFO and a CPA?
A: A CPA focuses on tax prep and compliance, while a fractional CFO provides high-level financial strategy—like forecasting, growth planning, and real-time financial decision support. Many businesses benefit from having both on their team.
What a Fractional CFO Does for a Construction Company (And When to Hire One)
Construction companies deal with unique financial challenges—job costing, subcontractor payments, materials budgeting, and unpredictable cash flow. A fractional CFO can help with forecasting, risk analysis, funding, and financial planning, especially during growth or transition periods.
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