A fractional COO is a chief operating officer who works on a part-time or project basis, rather than a full-time basis. There are several reasons why a small business might choose to hire a fractional COO:
Cost Savings: Hiring a full-time COO can be expensive, especially for a small business. A fractional COO allows the business to access the expertise and skills of a COO without incurring the full cost of a full-time employee.
Flexibility: A fractional COO can be hired on an as-needed basis, allowing the business to scale up or down its C-level support as needed. This can be useful for businesses that are in a growth phase or experiencing changes in their operational needs.
Expertise and Experience: A fractional COO brings a wealth of expertise and experience to the role, having worked in a variety of industries and with a range of businesses. This can provide valuable insights and perspectives to the business.
Fresh Perspective: A fractional COO can provide a fresh perspective on the business, offering new ideas and approaches to help the business grow and succeed.
Improved Efficiency: A COO is responsible for overseeing the day-to-day operations of a business, ensuring that processes and systems are efficient and effective. By bringing in a fractional COO, a business can improve its overall efficiency and productivity.
If you’d like to discuss hiring a fractional COO for your business then we would love to chat. You can schedule your free, no obligation consult here. https://calendly.com/jasonstapleton/free-consultation