Rich Feller’s Post

Happy Friday, we made it! Part 2: Why a Fractional Executive is the Smart Choice for Growing Businesses For companies with fewer than 250 employees, scaling can be tricky. Your team is growing, but you may not yet need—or be able to afford—a full-time CFO, CMO, or COO. This is where a fractional executive can step in, offering senior-level expertise without the full-time commitment. Here are the key benefits that a fractional executive can bring to your company: Strategic Insight at Critical Times: Fractional executives specialize in stepping into businesses during pivotal growth phases. Whether you’re gearing up for a merger, launching a new product, or expanding into new markets, their expertise can provide the guidance needed at just the right moment. Resource Optimization: One of the biggest challenges small companies face is the need to make every dollar count. A fractional executive helps you optimize resources by guiding strategy, finances, or marketing decisions, often achieving big-company results on a smaller-company budget. Objective Perspective: Sometimes, when you're deeply involved in your company's day-to-day operations, it’s hard to see the big picture. A fractional executive offers an external, unbiased perspective, helping to identify opportunities, mitigate risks, and navigate growth. Fast Implementation: Full-time executives often come with lengthy hiring processes. In contrast, a fractional executive can hit the ground running, helping you make crucial decisions immediately, without the time-consuming ramp-up. Fractional leadership offers the best of both worlds: expertise when you need it, and freedom when you don’t. Are you ready to explore how a fractional executive could help your company reach the next level? Reach out to me today to get connected with the right fractional for your business! #fractionals #changemakers #talentpartner #hiringnow #2024hiring

Outstanding recruiting insights from Matthew Luensmann traversing the growing trend for employing Fractional Professionals. Reach out to Matthew Luensmann to learn how locating the right Fractional partners could launch your business to the next level! #fractionals #recruiting #recruitingstrategy

Are you struggling to steer your business towards its vision amidst the day-to-day chaos? As business owners and CEOs, it's easy to get bogged down in operational details and lose sight of what really matters. But what if you could liberate your time, access specialized expertise, and regain your strategic focus? Hiring a fractional executive might just be the transformative solution you've been searching for. Here are three reasons why: 1️⃣ **Liberate Your Time:** With a fractional executive on board, you can free up invaluable time to strategize, innovate, and lead your business towards its goals. 2️⃣ **Access to Specialized Expertise:** Fractional executives bring a wealth of specialized knowledge and experience to the table, giving you insights and strategies that might have previously been out of reach. 3️⃣ **Strategic Focus:** By delegating responsibilities to a fractional executive, you can shift your attention back to the big picture, driving growth and innovation with clarity and purpose. Ready to reclaim your time and take your business to new heights? Let's explore how hiring a fractional executive can unlock the true potential of your business. Reach out to me to schedule a call. #FractionalExecutive #BusinessGrowth #Time #Freedom

Did you know that Fractional Executives can bring a great deal of value to businesses of all sizes and often at short notice? Fractional Executives are usually: - ✅ Cost-effective - you get access to high-level talent without the expense of a full-time executive. ✅ Flexible - provide tailored support based on the company's current needs and budget. ✅ Strategic - can provide strategic direction and industry insights. ✅ Well-networked - access connections to valuable networks and resources for business growth. ✅ Operational - help streamline processes and improve operational performance. And when is the right time to hire a Fractional Executive? From experience, this would be when the business is: - ➡️ Facing complex challenges - rapid growth, market shifts, or operational bottlenecks. ➡️ Lacking internal expertise - especially in specialised areas like finance, marketing, or technology. ➡️ Time and resource poor - need someone to address pressing issues swiftly and effectively. ➡️ In need of scalable support - a resource which can adapt to changing business demands without long-term commitments. 5+ years ago, the Fractional Executive market was mostly limited to CFOs and CTOs, but the model has significantly developed since then, with it now being possible to find Fractional CMOs, COOs, CPOs to name but a few. I'm a Fractional COO, but I have many other Fractional Executives in my network so do feel free to drop me a DM if you're looking for a flexible resource with a particular expertise and I'll do my best to connect you. ======================================= Proven track record of working directly with CEOs/Founders in B2B service-focussed businesses. Adept at bridging the gap between vision and execution. Specialist generalist. Book a free call using the 'ASK ME ANYTHING!" button in my profile. #fractionalcoo #founder #ceo #md #businessowner #sme #startup

“Can a small team compete with the big players?” Yes—when you have the right expertise on your side. But hiring full-time senior executives is expensive. Enter Fractional Executives. 🚀 With a Fractional CFO, you can: 💰 Manage cash flow like a pro. 📊 Make data-driven financial decisions. With a Fractional CMO, you’ll: 📈 Develop impactful marketing strategies. 🛠️ Build stronger customer engagement. With a Fractional COO, you’ll: 🕒 Save time by streamlining operations. 🔄 Reduce inefficiencies across your team. Fractional Executives bring decades of experience—without the full-time cost. It’s a win-win for growing businesses. Want to know how fractional leadership can transform your team? 📩 https://lnkd.in/gUe4CqRN #BusinessGrowth #FractionalLeadership #Efficiency #LeadershipSolutions #BoardroomBullpen

Are you a small business owner looking to streamline operations and drive growth? Consider hiring a Fractional COO! As a professional, you may have heard of the term Fractional COO, but what exactly does this role entail and how can it benefit your small business? A Fractional COO, or Chief Operating Officer, is a senior executive who works on a part-time or temporary basis to help businesses optimize their operations, implement strategies, and improve overall efficiency. They bring a wealth of experience and expertise to the table, offering strategic guidance and hands-on support to drive business success. Here's just three of the many ways a Fractional COO can benefit your small business: Strategic Planning: They can assist in creating and implementing effective business strategies to achieve your goals. Operational Efficiency: By optimizing processes and workflows, they can enhance efficiency and productivity. Leadership and Team Development: They can provide leadership development and mentorship to your team, fostering a positive work culture. By leveraging the expertise of a Fractional COO, small businesses can access high-level strategic guidance and operational support without the cost of hiring a full-time executive. #FractionalCOO #SmallBusinessGrowth #BusinessOperations #StrategicPlanning #OperationalEfficiency hashtag#fractionalservices(australia) hashtag#COO To learn more about how a Fractional COO can benefit your business, visit https://lnkd.in/gWnwYP5f Are you a small business owner looking to streamline operations and drive growth? Consider hiring a Fractional COO!

I believe in incremental growth. Basically…..Spend one period growing and one period stabilizing. That period can be a quarter (3 months), 6 month, or a year - depending on the size of your company and how long it takes to “steer the ship”. Strategic growth allows you to get all your departments in order. When you invest time in Marketing, your leads & sales will increase. When you invest time in Sales, Operations gets busy, distracting you from your marketing duties. When you invest time in Operations, your Accounting team has more tasks to complete…taking you even further from marketing and sales tasks. If you’re a company with 2-10 employees, this process and all the required tasks in each department can be overwhelming to manage on your own. And as a visionary leader, you need at least one C-Suite level executive on your team to help you organize and orchestrate the company. When I work with my clients as a fractional CMO, I am part of their Executive Management team … helping them navigate the direction of the company and keeping them on track. If marketing is your weakness…investigate the benefits of hiring a fractional CMO (also called a marketing director). If operations is your weakness, hire a fractional COO or business coach. If accounting is your weakness, think about hiring a fractional CFO. Now….go build your empire!! #contractormarketing #smallbusinessmarketing #sbmsmedia #fractionalcmo

Great way to show how these roles work together in different capacities. It’s important to remember that both roles can excel without overshadowing the other. #Collaboration #Teamwork

Are you a small business owner looking to streamline operations and drive growth? Consider hiring a Fractional COO! As a professional, you may have heard of the term Fractional COO, but what exactly does this role entail and how can it benefit your small business? A Fractional COO, or Chief Operating Officer, is a senior executive who works on a part-time or temporary basis to help businesses optimize their operations, implement strategies, and improve overall efficiency. They bring a wealth of experience and expertise to the table, offering strategic guidance and hands-on support to drive business success. Here's just three of the many ways a Fractional COO can benefit your small business: Strategic Planning: They can assist in creating and implementing effective business strategies to achieve your goals. Operational Efficiency: By optimizing processes and workflows, they can enhance efficiency and productivity. Leadership and Team Development: They can provide leadership development and mentorship to your team, fostering a positive work culture. By leveraging the expertise of a Fractional COO, small businesses can access high-level strategic guidance and operational support without the cost of hiring a full-time executive. #FractionalCOO #SmallBusinessGrowth #BusinessOperations #StrategicPlanning #OperationalEfficiency #fractionalservices(australia) #COO To learn more about how a Fractional COO can benefit your business, visit https://lnkd.in/gWnwYP5f Are you a small business owner looking to streamline operations and drive growth? Consider hiring a Fractional COO!

Hiring a COO means stepping back, not stepping in. CEOs often feel the urge to intervene, thinking they’re adding value. But hiring a COO requires you to step back. --- Order your copy of The Second In Command here: https://lnkd.in/epURxuNh