At Expansion Group, we believe we have a responsibility to leave everything better than we found it. By enabling business growth, we help create economic prosperity - and perhaps leave the world a little better than we found it.
At Expansion Group, we believe we have a responsibility to leave everything better than we found it. By enabling business growth, we help create economic prosperity - and perhaps leave the world a little better than we found it.
A Fractional Executive is a part-time or short term executive paid on a contract basis. Every professional or firm differs slightly, but the typical cost ranges from $150-300 per hour depending on the talent and total hours retained.
Here are some situations when fractional executives might come in handy:
You’ve outgrown your operating model and need to level up.
You’re a startup that just got funded, and as the founder, you need to balance the work that needs done and your cap table. A Fractional CEO or COO can bring a playbook for what you need to build and allow you to protect your equity for those key hires.
You have a strategic project that requires executive leadership, but you don’t have the time to oversee it.
You have a great operations manager, but they may be missing the strategic skills of a COO — the same goes for finance and marketing.
You’re looking to delegate financial, operational or marketing duties you have managed to date, but it doesn’t require a full-time role.
During any sort of transition - vacancy, preparation for sale or retirement.
Read more in our article featured on Entrepreneur.
We offer Fractional CEO and COO services. Minimum contract terms are 90 days with 30 day cancellation. However, our typical engagements last for 6-9 months. We can also offer flat-fee pricing on request, for project based work.
Borrow one of our Fractional CEOs or COOs for a workshop! Whether you’re leadership is on a retreat, you’re working on strategic planning, or trying to workshop an issue - our fractional executives can expand your leadership team.
Expand the effectiveness of your leadership team by conducting monthly or quarterly business reviews with one of our Fractional CEOs or COOs. They can help you achieve your strategic goals.
This is also a great option for Executive coaching.
Monthly Business Reviews (2 hours): $1,000/month
Quarterly Business Reviews: (5 hours): $2,500/quarter