Fractional CFO in Richmond, Texas.

What does a fractional CFO do for a Richmond company?

A fractional CFO gives a Richmond company senior finance leadership for the hours it needs, without a full-time CFO salary. In practice, that means four things:

• A 13-week cash flow forecast, updated weekly, so a slow-paying customer or a large purchase never catches you short.
• A KPI dashboard and a monthly strategy session on margins, pricing and hiring.
• Lender-ready financials when you refinance, open a credit line or finance equipment.
• A clear financial view before a big decision: a new location, an acquisition or a sale.

Which businesses use a fractional CFO?

Businesses use a fractional CFO when growth outruns the bookkeeping: typically several entities, locations or lenders, and decisions that carry real money. The founders' work spans these industries:

• Hospitals, ER centers and healthcare practices.
• Real-estate holding companies and property groups.
• Manufacturing and trading companies.
• Professional-services firms, including architecture practices.
• Insurance agencies.

See the work itself in our case studies.

How much does a fractional CFO cost in Richmond, Texas?

A fractional CFO at Korven costs $2,500 a month for about 10 hours, $4,500 for about 20 hours, and from $7,500 for about 35 hours. Across the US market, fractional CFOs commonly charge $3,000 to $12,000 a month, and a full-time CFO typically costs $200,000 to $400,000 a year in salary alone. The full breakdown is in How Much Does a Fractional CFO Cost?

Which Texas rules does a CFO keep in view?

A Texas company's CFO keeps the franchise tax and sales tax in view. Texas has no personal income tax, but most business entities are subject to the franchise tax, a margin tax reported to the Texas Comptroller each year by May 15.

For 2026 reports, entities with total revenue at or below $2,650,000 owe no franchise tax but must still file a Public Information Report or an Ownership Information Report. Many businesses also collect and file Texas sales and use tax.

A fractional CFO puts these dates and thresholds into the forecast, so crossing the threshold or a sales-tax payment is planned, not a surprise. Korven keeps the books these filings are built from; tax returns are prepared, signed and filed by our licensed CPA partner.

Can you meet in person in Richmond?

Clients can meet in person in Richmond by arrangement, but most of the work runs remotely: shared documents, a fixed monthly calendar and video meetings. That is also how we serve companies across Fort Bend County and the rest of the US.

How does a company get started?

A company starts with a free finance review. We look at your books and what is coming up, recommend the level of CFO time that fits, and quote one flat monthly fee before any work starts. If the books are behind, catch-up bookkeeping comes first. See what our fractional CFO service covers.

Texas franchise tax facts from the Texas Comptroller, checked October 2026. Prices as of October 2026.

What else do owners ask about a fractional CFO?