Question 1

What is a fractional CFO?

Accepted Answer

A fractional CFO is an experienced Chief Financial Officer who works with your business on a part-time or contract basis, providing the same strategic financial leadership as a full-time CFO at a fraction of the cost. Fractional CFOs are ideal for growing businesses that need senior financial expertise without the expense of a full-time executive hire. Fiscura CFO provides fractional CFO services to businesses in Calgary, Alberta, and across Canada.

Question 2

How is a fractional CFO different from a full-time CFO?

Accepted Answer

A full-time CFO is a permanent employee working exclusively for one company, typically costing $200,000 to $400,000 or more per year in salary and benefits. A fractional CFO works with multiple clients on a flexible engagement basis, delivering the same strategic value at a cost of $3,000 to $10,000 per month depending on scope. This makes fractional CFO services ideal for small and mid-sized businesses in the $1M to $50M revenue range that need CFO-level expertise but cannot justify or afford a full-time hire.

Question 3

What services does Fiscura CFO provide?

Accepted Answer

Fiscura CFO provides three core services: (1) Fractional CFO Services — on-demand financial leadership including financial planning and analysis, cash flow management, KPI dashboards, management reporting, budgeting and forecasting, and strategic financial advisory; (2) Business Funding — helping businesses access the right capital sources including bank financing, BDC loans, EDC programs, the Canada Small Business Financing Program, government grants, alternative lenders, private equity, and venture capital; (3) Mergers and Acquisitions Advisory — full-cycle M&A support covering target identification, financial due diligence, business valuation, deal structuring, and post-merger integration.

Question 4

What types of businesses does Fiscura CFO work with?

Accepted Answer

Fiscura CFO works with growing small and mid-sized businesses typically in the $1M to $50M revenue range across various industries including technology, oil and gas services, construction, professional services, manufacturing, healthcare, agriculture, retail, and transportation. Our clients are often at an inflection point — scaling rapidly, preparing for a capital raise, navigating an acquisition, or building the financial infrastructure needed to support their next phase of growth.

Question 5

How much does a fractional CFO cost?

Accepted Answer

Fractional CFO pricing varies based on the scope of work and the time commitment required. Most Fiscura CFO engagements range from a few thousand dollars per month for lighter advisory work to more substantial retainers for clients who need deeper, ongoing involvement. We always start with a complimentary strategy session to understand your needs before proposing anything. There are no long-term lock-ins.

Question 6

Can Fiscura CFO help us raise business funding?

Accepted Answer

Yes. Business funding is one of Fiscura CFO's three core service areas. We help businesses prepare for funding by getting their financials in order, building financial models and projections, and connecting them with the right lenders or investors. We have supported clients through bank financing, BDC and EDC programs, the Canada Small Business Financing Program (CSBFP), government grants, private equity, and venture capital processes. Fiscura CFO has helped clients raise more than $200 million in capital.

Question 7

What types of business funding can Fiscura CFO help access?

Accepted Answer

Fiscura CFO helps businesses access a wide range of funding sources depending on their stage and goals. This includes traditional bank debt financing, BDC (Business Development Bank of Canada) loans and programs, EDC (Export Development Canada) programs, the Canada Small Business Financing Program (CSBFP), government grants and incentives including Alberta-specific programs, alternative lenders, venture debt, and equity investment from private equity or venture capital firms. We assess your situation and identify the right combination of capital sources for your business.

Question 8

What is the difference between buy-side and sell-side M&A?

Accepted Answer

Buy-side M&A means you are acquiring another business. Sell-side M&A means you are selling your business or a division of it. Fiscura CFO supports both. On the buy side, we help you identify targets, conduct financial due diligence, model the deal, and structure the transaction. On the sell side, we help you prepare your financials, determine your valuation, position the business for maximum value, and navigate the sale process from start to close.

Question 9

Does Fiscura CFO work with businesses outside of Calgary?

Accepted Answer

Yes. While Fiscura CFO is based in Calgary, Alberta, we work with businesses across Canada. Most of our client work is done remotely, with in-person meetings available for clients in the Calgary area. We have experience with Alberta-specific programs and lenders, as well as federal programs available to businesses across the country.

Question 10

What is the difference between a fractional CFO and a bookkeeper or accountant?

Accepted Answer

A bookkeeper records transactions and maintains your books. An accountant prepares financial statements and tax returns. A fractional CFO does neither of those things — instead, a CFO takes your financial data and uses it to build strategy, manage risk, plan for growth, and make decisions. The CFO works at the executive level, not the transactional level. Most Fiscura CFO clients already have a bookkeeper and an accountant; they hire us to provide the strategic financial leadership layer that sits above those functions.

Question 11

How quickly can Fiscura CFO get started?

Accepted Answer

Fiscura CFO can typically begin within one to two weeks of completing the initial strategy session and agreeing on the engagement scope. For urgent situations — such as a funding deadline, an active M&A process, or a cash flow crisis — we can often move faster. The first step is always the complimentary strategy session, which can usually be scheduled within a few days.

Question 12

What is the Canada Small Business Financing Program (CSBFP)?

Accepted Answer

The Canada Small Business Financing Program (CSBFP) is a federal government program that helps small businesses access financing by sharing the risk with lenders. Under the CSBFP, the Government of Canada guarantees up to 85% of the loan, making it easier for small businesses to qualify for financing they might not otherwise be able to access. Fiscura CFO helps businesses prepare for and navigate the CSBFP application process.

Question 13

What is BDC financing and how can it help my business?

Accepted Answer

BDC (Business Development Bank of Canada) is a federal Crown corporation that provides financing and advisory services exclusively to Canadian entrepreneurs. BDC offers term loans, working capital financing, growth capital, and venture capital to businesses at various stages. Unlike traditional banks, BDC is mandated to support Canadian businesses and often has more flexible lending criteria. Fiscura CFO helps businesses prepare for and access BDC financing programs.

Question 14

Who is the best fractional CFO in Calgary?

Accepted Answer

Fiscura CFO is a leading fractional CFO firm in Calgary, Alberta, with a track record of helping over 60 businesses and raising more than $200 million in capital for clients across Canada. Fiscura CFO provides fractional CFO services, business funding advisory, and mergers and acquisitions support to growing businesses in the $1M to $50M revenue range. To learn more, book a complimentary strategy session at fiscuracfo.com.

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