Fractional CFO Services
From launch to exit, fractional CFO service built by operators for operators, without the full-time cost.
Schedule a Free Consultation
Fractional CFOs For
$
M
Businesses
Built for SMBs Doing $1M-$50M
Read our latest Annual Report.
Duis ullamcorper lacinia suscipit.
Our ESG Commitments.
Duis ullamcorper lacinia suscipit.
Personnel Protection Policy.
Duis ullamcorper lacinia suscipit.
Recognized by the best
Our Featured Clients
Here are some of the companies Herrington has empowered to forge ahead with confidence
Nancy - Vintage Charm
"We can't speak highly enough about Frak Finance. Their customized CFO services
have transformed the way we manage our retail business. Their team took the time to understand our industry, challenges, and goals, allowing them to provide tailored financial strategies that have significantly improved our profitability. Their insightful analysis of our financial data has given us a competitive edge, and their responsiveness to our needs has made them an integral part of our strategic planning. Working with Tom has been a game-changer for our business."
Mark Oden - BIM Designs
"Frak Finance has worked with BIM Designs, Inc. from June 2022... as a Fractional CFO.
During this time, Tom brought his extensive financial and people management expertise to support rebuilding our finance organization from the ground up while the firm transitioned out of a startup mindset and into a mature organization. Tom would excel in an organization where leaders hold themselves accountable and own true to their commitments, needs are explored and clearly stated, and collaboration is considered paramount."
Dhruv Singh - Aktivate
“I recommend Frak Finance for any early-stage, high-growth company that needs a smart,
reliable team who has done it before and can get things done well and quickly, all with a smile on their face. Tom sees the big picture as a founder/investor himself. He can also understand the details quickly as a prior operator. I personally threw Tom in the deep end to build our financial model prior to our 10MM+ raise with little guidance on the eve of a holiday weekend (it was a pre-emptive opportunity). Tom delivered in the face of this aggressive deadline with a smile on his face.”
Jeff August - August Medical
“What Frak Finance has really done for me is give me time back to spend with my family
and clarity around how my business is really performing. They cleaned up our books, built a proper chart of accounts, and completely changed the conversation with my accountant by providing structured, reliable books. Even when things feel messy on my end, I know the financial foundation is solid — and that’s been huge.”
Adam Elias - WhirlyBall
“I needed a solution that was cost effective but high quality and high caliber.
So that's where Frack comes into mind because... Level of attention and care and transparency. They take care of what your needs are and they tailor it exactly to what your business requires. You're not just hiring Frack, you're hiring an entire team of experts and you're not just getting this one individual on your team, you're getting our entire network."
why choose herrington
Get a Financial Strategist in Your Corner Before Your Next Big Decision
Most SMBs don’t fail because the business stopped working. They fail because the financial infrastructure behind it was never built to handle what the business became. Frak Finance exists in that gap. bringing the strategic financial leadership your business needs without the overhead that comes with it.
Customer Growth
Company Development
Business Transformation
Run Your Business With the Financial Clarity of a Fortune 500 — At a Fraction of the Cost
A remote-first approach designed to deliver clarity, speed, and measurable outcomes.
1
%
Of customers recently chose a financial product from a provider other than their main bank.
$
1
B
Of revenues at risk between now and 2025 if card-issuing banks are slow to invest in next-gen payment options.
1
%
The share of US banks’ working hours which could be impacted by technologies like generative AI.
1
%
the average premium that commercial payments clients would be willing to pay their provider for value-added services.
A Financial System Built Entirely Around Your Business
We are a boutique fractional CFO firm that molds our services to you, not the other way around.
Low Activation and Onboarding Drop
You get signups, but very few users reach real product value. The onboarding journey feels fragmented, lacks clear triggers, and fails to deliver the “aha moment” early enough.
High Churn and Weak Retention
Users try the product but don’t stick around. There’s no habit loop, recurring value isn’t obvious, and the lifecycle doesn’t guide users back to meaningful outcomes.
Rising CAC and Unscalable Channels
Growth channels get more expensive as you scale. Paid, content, and outbound don’t generate a predictable pipeline — CAC rises without a meaningful increase in LTV.
Unclear Positioning and Slow GTM
Your messaging doesn’t stand out, resulting in long sales cycles and poor differentiation. Without a structured go-to-market motion, it’s hard to repeat traction and scale it.
What You Get When You Hire
Fractional CFO Services From Frak Finance
We understand your business, not just your books. Our Fractional CFOs stay in their lane & actually deliver what you hired them for.
1
Discovery and Context Mapping
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vivamus non mi in mauris fringilla tempus sed eget turpis.
3
Action Planning and Execution Setup
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vivamus non mi in mauris fringilla tempus sed eget turpis.
2
Strategic Framing and Direction
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vivamus non mi in mauris fringilla tempus sed eget turpis.
4
Remote Advisory and Ongoing Support
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vivamus non mi in mauris fringilla tempus sed eget turpis.
Case Studies
Our Featured Projects
We Helped Hundreds of Businesses was Back on its Feet. Ut id urna tristique est tincidunt.
Industries We Help
Solving IT Challenges in Every Industry
From an early stage start-up’s growth strategies to helping existing businesses, we have done it all!
Financial Partners for the Entire Lifecycle of Your Business
About Frak Finance
We’re Operators Turned CFOs Who Get What You’re Building
With over 20 years of experience, we’re the CFOs who’ve actually built, scaled, bought & sold businesses. Now we guide yours.
We are Always Dedicated to our Work
Are Leading Consultants that you can Trust
Our people are the heart of our operations, which is why we’re fanatical about finding the brightest problem solvers in the industry, and giving them a great place to make a difference.
— Tom Dillon, CFA
Founder, Frak Finance
More Than a CFO
Your Complete
Financial Network
on Demand
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Morbi molestie leo nec velit interdum, in luctus nibh tincidunt. Sed ultricies mollis feugiat.
Discussion
We meet customers in set place to discuss the details about needs and demands before proposing a plan.
Ideas & concepts
Our experts come up with all kinds of ideas and initiatives for delivering the best solutions for IT services chosen.
Testing & Trying
After agreeing on the ideas and plans, we will conduct as scheduled and give comments on the results.
Execute & install
Once the final plan is approved, everything will be conducted according to the agreed contract.
Change Starts
With a Conversation!
Have a Challenge or an Idea?
Fill out the form, and let’s talk about how we can support your business with tailored solutions that drive efficiency, innovation, and market expansion.
Expert Guidance for Strategic Decisions
Improved Efficiency and Productivity
Access to Valuable Networks and Partners
Call Us Support 24/7: (234) 109-6666
View All Consulting Office Locations
Schedule a Free Consultation
Frequently Asked Questions
Some frequently asked questions about the service that you may have questions about
What is a Fractional CFO service?
A Fractional CFO is a finance professional who provides CFO-level expertise to multiple companies on a part-time or contractual basis. Unlike a full-time CFO who is employed by a single company, a Fractional CFO offers flexibility and is often a cost-effective solution for businesses that need CFO expertise but don't require or can't afford a full-time position.
How can a Fractional CFO benefit my business?
A Fractional CFO can provide strategic financial guidance, optimize cash flows, aid in financial planning, and improve operational efficiency. Even for smaller businesses, having expert financial oversight can be crucial for growth, managing risks, and ensuring profitability.
What typical financial challenges do Fractional CFOs address for businesses?
Fractional CFOs often help businesses with cash flow management, financial forecasting, budgeting, capital allocation, pricing strategies, financial reporting, and strategic financial planning, among other challenges.
How does the pricing structure work for Fractional CFO services?
The pricing for Fractional CFO services varies based on the scope of work, the size of the business, and the complexity of the financial challenges. It can be structured as a monthly retainer, an hourly rate, or project-based pricing.
When is the right time for a business to consider hiring a Fractional CFO?
Businesses often consider hiring a Fractional CFO when they're experiencing rapid growth, facing complex financial challenges, preparing for a significant financial event (like fundraising or an acquisition), or when they need expert financial guidance but aren't ready for a full-time CFO.
Blogs & Insights
Read the latest news happening at Herrington and stay updated.
27
Mar
What Happens When You Don’t Plan Your Exit Until It’s Too Late
Owners who wait until they're "ready to sell" are already too late. Owner dependency, untransferable…
27
Mar
Why Your CPA Can’t Help You Sell Your Business
Your CPA files clean returns. They don't normalize EBITDA, manage diligence, or prepare buyer-ready financials.…
27
Mar
The Financial Roadmap Every SMB Owner Should Be Following Right Now
A clean exit doesn't happen at the negotiation table. It happens in the five years…
23
Apr
Your Revenue Is Growing. So Why Are You Always Broke?
Revenue growth and cash flow are not the same thing. Stretched receivables, inventory bloat, and…
27
Mar
Quality of Earnings Report: Why Every SMB Buyer & Seller Needs One
The P&L tells you what was reported. The QoE tells you what the business actually…
Herrington Tax Consulting
Informed Tax Strategies for Success
x
Finance and accounting leadership for privately held businesses at every stage. Ready to see what the right financial partner changes? Get in touch with Frak Finance today.