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Frequently Asked Questions

Find answers to common questions about our fractional executive services and how we can help you.

What is a fractional executive?

A fractional executive is a seasoned C-suite leader who works with your business on a part-time basis (typically 1-3 days per week), providing high-level expertise without the full-time cost. Our Suite Leaders bring the same strategic capabilities, industry knowledge, and leadership skills as full-time executives, but at a fraction of the cost. This model works across all executive functions including CFO, CMO, COO, CHRO, CTO, and more.

How does the fractional leadership model work?

The fractional leadership model gives you access to experienced executives who work with your business for a set number of hours each week or month. They become integrated members of your leadership team, participating in strategic decisions, leading initiatives, developing your staff, and implementing solutions. Unlike consultants who merely advise, our Suite Leaders roll up their sleeves and execute alongside your team.

What industries do you serve?

We serve a diverse range of industries, including technology, healthcare, finance, and more. Our fractional executives have experience across various sectors, ensuring tailored strategies for your unique challenges. No matter your industry, we can help drive your growth.

What are the main advantages of hiring a fractional executive?

The key advantages include: 1) Cost-effectiveness – gaining executive expertise at 40-60% the cost of a full-time hire; 2) Flexibility – scaling up or down based on your evolving needs; 3) Immediate impact – no lengthy onboarding periods; 4) Diverse experience – accessing strategies proven across multiple industries; 5) Objective perspective – benefiting from fresh insights without internal bias; 6) Risk reduction – testing executive roles before committing to full-time positions; and 7) Team development – mentoring your existing staff.

What types of businesses benefit most from fractional leadership?

Fractional leadership is ideal for businesses generating $5-50 million in annual revenue who need executive expertise but can't justify the expense of full-time C-suite talent. It's particularly valuable for companies experiencing rapid growth, facing specific challenges, preparing for transition events (like funding rounds or exit), or needing specialized expertise for strategic initiatives.

How does Suite Leap differ from other fractional executive providers?

Suite Leap stands out through our comprehensive "one-stop shop" approach that provides access to fractional expertise across all business functions from a single, coordinated source. We take a strategy-first approach, ensuring you get the right solution for your specific needs. Our Suite Leaders are embedded in your business, working on-site when needed, and we maintain a long-term partnership focus rather than just filling short-term gaps.

What is Suite Leap's process for matching businesses with fractional executives?

We follow our proven 5-step Fractional Formula: 1) FIT – we conduct an initial assessment to understand your challenges and goals; 2) FOCUS – we match you with the right Suite Leader and define clear expectations; 3) FRAME – we develop a 90-day action plan with measurable objectives; 4) FIX – your Suite Leader implements solutions and tracks progress; and 5) FUTURE – we help you transition when you're ready to hire full-time or adjust your fractional needs.

How quickly can a fractional executive make an impact?

Most clients see meaningful progress within the first 30 days and significant results within 90 days. Our Suite Leaders are selected for their ability to quickly understand your business, identify key opportunities, and implement practical solutions. The 90-day action plan created during our FRAME step ensures focused effort on your most pressing priorities.

What is the minimum commitment for working with a Suite Leader?

We typically recommend a minimum of three months to allow enough time for assessment, planning, and initial implementation. However, we don't require long-term contracts – our relationships are based on the value we provide, not contractual obligations. Most clients choose to continue working with their Suite Leaders for 12-24 months as they experience the benefits.

How are Suite Leap's fractional executives compensated?

Our Suite Leaders work on variable basis, allowing you to scale up or down as needed. You only pay for the time you use, with no benefits, bonuses, or equity compensation required. Most engagements range from 20-60 hours per month, depending on your specific needs and budget.

What happens if the Suite Leader isn't a good fit for our business?

If a match isn't working as expected, we'll quickly find a replacement Suite Leader with no disruption to your business. Our large pool of vetted executives across all business functions means we can quickly pivot to ensure you have the right expertise. Your satisfaction is our priority, and we stand behind the quality of our matches.

Do Suite Leaders work remotely or on-site?

We believe in the value of face-to-face interaction and local presence. While our Suite Leaders can work remotely when appropriate, they're available for on-site meetings and integration with your team. This embedded approach ensures they become a trusted member of your leadership team, not just an outside advisor.

How does Suite Leap vet its fractional executives?

We maintain rigorous standards for our Suite Leaders, accepting only experienced executives with proven track records of driving results. Each candidate undergoes a comprehensive vetting process examining their experience, leadership capabilities, problem-solving skills, cultural fit, and references. Only about 20% of applicants are accepted into our network.

Can a Suite Leader transition to a full-time role if needed?

Yes, some clients use the fractional model as a "try before you buy" approach. If you decide to hire a full-time executive, your Suite Leader can either transition into that role or help you define the position and find the right permanent hire. Our FUTURE step is specifically designed to ensure a smooth transition when you're ready.

Still have questions?

Contact us for more information.