Fractional executive
A fractional executive is like sharing a boss. Imagine you have a toy that you really like, but you also want to let your friend play with it sometimes. A fractional executive is similar, but instead of a toy, it's a boss that you share with other people or businesses.
Let's say you run a small business and need someone to help you make big decisions and manage things, but you can't afford to hire a full-time executive. Instead, you can hire a fractional executive who will work with you for a certain number of hours per week or month. This way, you're not paying for someone full-time when you don't need them all the time.
Fractional executives are usually experienced and knowledgeable in their field, so they can bring a lot of expertise to your business without breaking the bank. Plus, because you're sharing them with other businesses, they have a lot of different perspectives and ideas to bring to the table.
In summary, a fractional executive is like sharing a boss with other businesses so that you can afford their expertise without paying for them full-time.
Let's say you run a small business and need someone to help you make big decisions and manage things, but you can't afford to hire a full-time executive. Instead, you can hire a fractional executive who will work with you for a certain number of hours per week or month. This way, you're not paying for someone full-time when you don't need them all the time.
Fractional executives are usually experienced and knowledgeable in their field, so they can bring a lot of expertise to your business without breaking the bank. Plus, because you're sharing them with other businesses, they have a lot of different perspectives and ideas to bring to the table.
In summary, a fractional executive is like sharing a boss with other businesses so that you can afford their expertise without paying for them full-time.