How does our fractional business service work?

What is fractional? How does our business service work? How much do we charge a business for a match?

These are the type of frequent questions we get from our prospects. And rightfully so! Sourcing the right talent isn’t a light matter, you should therefore consider all your options in the right light.

So let’s dive straight in; what is fractional and what do we mean by it? Fractional refers to a part or a fraction of a whole. In the context of business services, fractional services refer to hiring a specialist on a part-time or project basis, as opposed to hiring a full-time employee. Fractional services are often used to provide businesses with access to specialised skills and expertise without the cost of a full-time employee or the need to invest in training and development. Fractional services can be flexible and scalable, allowing businesses to adjust their resources based on their changing needs.

Our service allows a business to hire a specialist on a part-time or project basis to handle a specific area of expertise. This specialist may work remotely or on-site as needed, and is typically paid on an hourly or project basis.

For example: your company may need help with their marketing strategy, but cannot afford to hire a full-time marketing manager. Instead, they may contract a fractional marketing specialist who can provide their services on a part-time basis, focusing solely on the company's immediate marketing needs. This allows the company to benefit from this expertise without having to bear the full cost of a full-time employee.

Fractional specialists can be hired for a variety of business needs, including finance & accounting, sales, legal, human resources, IT, engineering and more.

We at Project Brains realise it isn’t always easy to coin the right profile or skills for a specific job, we therefore work together to understand and identify the right skillset that can help you achieve your goal. Once we have pinned down the expertise, we then approach our network of fractional specialists; either directly on our platform, or through our various networks. Our aim is to find the right profile for the job! Once we have sourced the right profile(s), we present these to you and offer to accompany you in setting up a first meeting and drafting the statement of work allowing for you to contract the specialist.

What does this service cost you? We take a fix fee for the efforts spent identifying the skills and sourcing the right profiles for you. If the collaboration is finalised between the business and the specialist, then we additionally take a fix monthly commission on the signed contract. We also offer subscription plans for our bigger clients that need several business needs filled.

If you feel you need help with identifying or sourcing specialists to tackle specific business challenges, don’t hesitate to get in touch below, we’ll be sure to reach out to you shortly.