Hire a Fractional COO
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Hiring Guide

Hire a
Fractional COO

Complete guide to finding, vetting, and hiring the perfect fractional Chief Operating Officer for your business.

2-4 Weeks
To Hire
90 Days
To Impact
100+
Candidates
5-10
Candidates to Interview
3-6 Months
Minimum Engagement
£750-1.4k
Day Rate Range
30 Days
Standard Notice
Sourcing

Where to Find Fractional COOs

Six proven channels for finding pre-vetted, experienced fractional operations leaders.

🎯

Fractional Job Boards

Platforms like Fractional.Quest with pre-vetted fractional executives actively looking for engagements.

Pros:
Pre-screened candidates, fast matching, transparent rates
Best For:
Companies wanting quality candidates quickly
💼

LinkedIn Search

Search for COOs using hashtags #FractionalCOO, #PortfolioCOO, or "Fractional COO" in titles.

Pros:
Large pool, direct outreach, can research background
Best For:
Companies with time to source and screen
🤝

Fractional Executive Networks

Agencies and networks that match companies with fractional operations leaders.

Pros:
Curated matches, support through process, quality guarantee
Best For:
Companies wanting managed recruitment
🌟

VC & PE Referrals

Ask your investors, advisors, or board members who they've worked with.

Pros:
Trusted recommendations, proven with high-growth companies
Best For:
Funded startups with investor networks
⚙️

Operations Communities

Slack groups (RevOps, BizOps), Chief of Staff networks, and operations-focused events.

Pros:
Active practitioners, can observe operational expertise
Best For:
Finding specialists in specific operational areas
📊

Consulting Firm Alumni

Ex-McKinsey, BCG, Bain professionals who have moved into operating roles.

Pros:
Structured problem-solving, quick to diagnose issues
Best For:
Companies needing strategic operations expertise

Pro Tip: Use multiple channels in parallel. The best fractional COOs are often working with 2-3 companies and may not be actively looking—referrals help you reach them.

Evaluation Criteria

What to Look For in a Fractional COO

Not all experienced operators make good fractional COOs. Here's what separates the best from the rest.

1. Company Stage Experience

Have they scaled operations at your stage? A COO from a Fortune 500 company won't know how to create from scratch at a startup. Look for experience with companies 1-2 stages ahead of yours.

Look For

Experience at similar stage companies, scaled operations from 10 to 100+ people, understanding of your growth phase

🚩 Red Flag

Only worked at large corporations or never scaled operations under resource constraints

2. Industry & Business Model Expertise

Do they understand your industry's operational challenges? E-commerce operations differ from SaaS or manufacturing. Ensure they know your operational model—fulfillment, customer success, service delivery.

Look For

Experience in your industry, knowledge of relevant operational KPIs, understanding of your business model

🚩 Red Flag

No experience in similar business models or industries

3. Process Design & Systems Thinking

Can they build scalable processes from scratch? Great fractional COOs see the whole system, identify bottlenecks, and create processes that scale. They should be able to document, optimize, and automate.

Look For

Examples of processes designed, systems implemented, playbooks created

🚩 Red Flag

Can't show examples of processes they've built or only inherited existing systems

4. Team Leadership & Management

Have they built and led cross-functional teams? A fractional COO needs to manage people, hire effectively, and build culture. They should have managed teams of 20+ and hired dozens of people.

Look For

Built teams from scratch, hiring process expertise, performance management stories

🚩 Red Flag

Never managed large teams or uncomfortable with people decisions

5. Execution & Delivery Focus

Can they actually get things done? Great COOs are doers, not just advisors. They should show examples of shipping projects, solving problems, and driving results—not just creating strategy decks.

Look For

Concrete examples of projects delivered, metrics improved, problems solved

🚩 Red Flag

Only consulting experience or can't point to specific outcomes

6. Fractional Working Model Fit

Do they know how to work fractionally? This requires discipline, clear communication, and asynchronous collaboration. Ask how they manage multiple clients and make impact in 2 days/week.

Look For

Works with 2-4 companies currently, systems for time management, clear communication cadence

🚩 Red Flag

First fractional engagement or working with 6+ companies (spread too thin)

Interview Guide

Interview Questions to Ask

These questions separate strategic COOs from administrators.

⚙️ Operations & Process Questions

  • "Walk me through how you scaled operations at [Company X]. What broke and how did you fix it?"
    Listen for: Proactive problem identification, systematic solutions, measurable improvements
  • "How do you identify bottlenecks in an operation you're new to?"
    Listen for: Data analysis, stakeholder interviews, process mapping methodology
  • "Tell me about a process you built from scratch. How did you document and scale it?"
    Listen for: Systematic approach, documentation habits, iteration mindset
  • "How do you balance short-term firefighting with long-term operational improvements?"
    Listen for: Prioritization frameworks, root cause thinking, time management

📈 Scaling & Growth Questions

  • "What operational systems need to be in place for a company at our stage?"
    Listen for: Stage-appropriate thinking, not over-engineering, pragmatic priorities
  • "How do you approach automation vs hiring decisions?"
    Listen for: ROI thinking, understanding of technical capabilities, build vs buy mindset
  • "Tell me about a time you had to cut costs or improve efficiency significantly."
    Listen for: Data-driven decisions, communication approach, results achieved
  • "How do you ensure operational changes stick and don't regress?"
    Listen for: Change management, measurement systems, accountability structures

👥 Leadership & Team Questions

  • "How would you structure the operations function at our company?"
    Listen for: Stage-appropriate team structure, clear hiring priorities
  • "How do you get buy-in from teams who resist process changes?"
    Listen for: Change management skills, empathy, communication approach
  • "Tell me about managing cross-functional projects with no direct authority."
    Listen for: Influence skills, stakeholder management, collaboration mindset
  • "How do you stay effective working 2 days/week vs embedded full-time?"
    Listen for: Async communication, clear frameworks, delegation
Process

The Fractional COO Hiring Process

From first conversation to start date in 2-4 weeks.

1

Brief

Tell us about your needs, company stage, and what you're looking for in a fractional executive.

2

Match

We curate a shortlist of pre-vetted fractional executives who match your specific requirements.

3

Meet

Interview your top candidates. We handle scheduling and provide interview frameworks.

4

Start

Your fractional executive begins within days. We support onboarding and ongoing success.

Timeline Breakdown

Week 1: Define & Source

  • • Define operational requirements (Day 1-2)
  • • Post on job boards, ask for referrals (Day 2-3)
  • • Review candidates, shortlist 5-10 (Day 4-7)

Week 2-3: Interview & Select

  • • First-round interviews (45-min calls)
  • • Second round: case study or process review
  • • Reference checks (2-3 calls)
  • • Make offer and negotiate terms

Week 4: Onboard & Start

  • • Contract signing and admin setup
  • • Share operations access, systems, docs
  • • First week: operational audit and review
  • • Begin process optimization work

First 90 Days: Deliver

  • • Month 1: Operational audit, quick wins
  • • Month 2: Process improvements, systems
  • • Month 3: Scale, hire, measure results
  • • Decide to extend or part ways
Contracts

Contract Terms & Structure

Standard terms for fractional COO engagements.

Standard Contract Template

Engagement Model

  • Day rate: £750-£1,400 per day (based on experience)
  • Commitment: 1-3 days per week (specify exact days)
  • Monthly retainer option: £3,200-£5,500 for predictable billing

Term & Notice

  • Initial term: 3-month trial period
  • Renewal: Auto-renew to 12-month rolling contract after trial
  • Notice period: 30 days either side (standard)

Scope of Work

  • Responsibilities: Operational strategy, process design, team leadership, scaling systems
  • Deliverables: Process documentation, operational KPIs, improvement roadmap
  • Exclusions: Day-to-day task execution (unless scoped), individual contributor work

IP & Confidentiality

  • IP ownership: Company owns all process documentation and systems
  • Confidentiality: Standard NDA terms, survives termination
  • Non-compete: Usually not applicable (fractional works with multiple companies)

Optional: Equity

  • Advisory shares: 0.15-0.35% for long-term engagements (12+ months)
  • Vesting: Quarterly or annual vesting
  • Cash reduction: If equity included, day rate may reduce 10-15%
Find Talent

Browse COO Candidates

Connect with experienced fractional COOs seeking new opportunities

Available COO Talent

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Frequently Asked Questions

Typically 2-4 weeks from first conversations to start date. This includes: defining requirements (1-3 days), sourcing candidates (3-7 days), interviews (1-2 weeks), and onboarding (1 week). Much faster than the 3-6 months required for full-time COO recruitment.
Five main sources: (1) Fractional executive job boards like Fractional.Quest with pre-vetted candidates, (2) LinkedIn using hashtags like #FractionalCOO or #PortfolioCOO, (3) Fractional executive networks and agencies, (4) Referrals from VCs, founders, or other fractional executives, (5) Operations communities and professional networks.
Five key criteria: (1) Relevant experience scaling operations at your company stage, (2) Industry expertise matching your operational challenges, (3) Proven track record building systems, processes, and teams, (4) Strong leadership and people management skills, (5) Cultural fit and ability to work fractionally with your team.
Day rates range from £750-£1,400 depending on experience. Most engagements are 1-2 days per week (£3,200-£5,500/month retainer) or 2-3 days per week (£75,000-£135,000 annually). This is 40-60% cheaper than full-time COOs who cost £140,000-£250,000+ with benefits and equity.
Start with a 3-month trial period with 30 days notice either side. After the trial, extend to 12-month rolling contracts. Key terms: day rate or monthly retainer, expected days per week, notice period (30 days standard), IP ownership (company owns all work), confidentiality, and scope of responsibilities.
Yes, many companies do this as they scale. Common transition points: Series B fundraising, hitting £10M+ ARR, or when operational complexity requires full-time leadership. Discuss this upfront—most fractional COOs are open to conversion if the timing makes sense.

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COO Hiring Guide

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