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“One of the first things that you'd want them to do is to really ask you a ton of questions around ‘what are you currently doing for your finance function within your business?’” recommends Sheldon. “You want your fractional CFO to conduct a big audit of where you are, and what are you currently doing.”

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“That's where this idea of a fractional executive or fractional CFO, specifically comes into play,” says Sheldon. “With a fractional CFO, you have someone to fill that senior position and provide their experience and high-level insights, but they're within the budget that the company can afford. All while getting the job done.”

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