If you’ve ever wondered, “How much does an outsourced CFO actually cost — and is it worth it?” you’re not alone.
For construction and trades business owners, bringing in high-level financial help sounds expensive. But it might actually be the best ROI move you make this year.
Let’s break it down.
💸 What’s the Typical Cost for an Outsourced CFO?
Here’s a quick snapshot of what you can expect:
- Small Firms / Part-Time Support: $1,500–$3,000/month
- Mid-Sized Firms (More Involvement): $3,000–$6,000/month
- Growth-Focused Firms (Hands-On, Forecasting, Strategy): $6,000–$10,000/month
Some fractional CFOs charge flat monthly retainers, others bill hourly ($150–$300/hr). It depends on how involved they are — and what’s included.
🛠 What Should Be Included in That Cost?
Not all CFOs do the same thing. For construction businesses, here’s what a solid outsourced CFO should handle:
- 🔍 Cash Flow Management – Weekly cash check-ins and planning
- 📈 Forecasting – Helping you plan for growth, crew scaling, equipment purchases
- 📊 Job Costing Oversight – Making sure each project makes money
- 💡 Strategic Planning – Profit goals, price adjustments, overhead reviews
- 🧾 Financial Reporting – Not just numbers, but clear guidance on what they mean
🚨 Warning: If You’re Only Getting Reports, You’re Overpaying
A CFO who just emails you a spreadsheet each month? That’s not value.
You need someone who plugs leaks, pushes you to improve, and helps you actually pay yourself what you’re worth.
🔄 So, Is It Worth the Cost?
Absolutely — if you choose the right one.
Here’s the truth: Most construction companies lose way more money in:
- Missed change orders
- Pricing errors
- Slow billing or collections
- Poor job tracking
…than they’d ever spend on a CFO.
A good CFO pays for themselves — fast.
✅ Want proof? Check out this deep dive on outsourced CFO services and how they help construction businesses grow.
🎯 What to Do Next:
👉 Book a Free Financial Check-Up
Let’s look at your numbers and see if an outsourced CFO could make you more money than you spend. No pressure, just clarity.