Fractional Executive RFP Template

Define what you need before you start the conversation

1 — About Your Business

Company name

Industry / sector

Business stage

(e.g., pre-revenue, scaling, stable, transition)

Team size (FTE)

Annual revenue (approximate)

Province / region

Remote / in-person expectation

2 — The Problem You're Hiring to Solve

What is breaking or blocked right now?

How long has this been a problem?

What have you already tried?

Why fractional, not a full-time hire?

3 — Role & Scope

Role type

(Fractional COO / CMO / CFO / other)

Days per week / hours per month

Decision-making authority

What can they decide without you? What requires your sign-off?

Who they'll work with directly

(leadership team, specific function heads, board)

Reporting structure

(reports to founder / CEO / board)

Engagement length (initial term)

(3 months / 6 months / ongoing)

4 — What Success Looks Like

90-day outcome (what's different?)

6-month outcome (what's measurably better?)

How will you know when the engagement is done?

5 — Budget & Timeline

Monthly budget range

Start date

Decision timeline

(when do you need someone in place?)

Other candidates / proposals being reviewed?

6 — Evaluation Criteria

Must-have experience or background

Nice-to-have (but not required)

Red flags (what would disqualify a candidate?)

Who is involved in the final decision?