The True Cost to Start a Fractional Services Business (and the Systems That Actually Matter)

Written By Erin Arnheim

Starting a fractional services firm doesn’t have to break the bank. Here’s how I built Lense Advisory for under $1,700/year and the operational systems that keep it running efficiently.

Just like I would for a client, I built a solid infrastructure with as much automation as possible with cost as a significant consideration. I believe in building things correctly from the beginning, so that I don’t have to waste any time later going back to redo them. I also chose systems that can scale WITH Lense Advisory.

My Real Startup Costs

In addition to the city, state and federal costs of launching my LLC, I have kept my total annual expenses to $1,634.20 (or) $136.18 per week. These prices include taxes - some bill monthly and some annually.

The Free Tools That Keep Me Efficient

  • Trello: A project management tool; I also use their grants management template

  • Calendly: An automated calendar/meeting planning tool

  • Google Suite

  • I am still looking for a time keeping app that I like for client work - Do you have any suggestions?

The Mindset Behind Lean Operations

My goal wasn’t to spend the least or be cheap, it was to spend wisely. I invest where efficiency and professionalism matter most!

Lessons for Other Founders/Operational Leaders

  • Start with scalable systems

  • Integrate automation early

  • Create your SOP’s as you go

  • Start tracking KPI’s from month 1

  • Track recurring costs quarterly

  • Lean on AI as much as you can - learn how to use it well! As a founder it will be your key to wearing all of the hats!

Closing CTA

Building a business is one thing. Building one that runs efficiently is another.

If you’re a founder or nonprofit leader looking to bring order to your operations, let’s talk.

Erin Arnheim
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