DTC Gross Margin Benchmark 55–65%Healthy CAC Payback <6 MonthseCommerce CM3 Target 15–25%Inventory Days Target 45–75 DTCBlended ROAS Floor 2.5–3.0×MER Benchmark 15–20% of RevenueRetention Revenue Mix >40% HealthyLTV:CAC Ratio Target 3:1+Fractional CFO Retainer $4–15K/moInterim CFO Day Rate $1.2–2.5KCPG Trade Spend 12–20% of GrossSaaS Rule of 40 Benchmark ≥40%DTC Gross Margin Benchmark 55–65%Healthy CAC Payback <6 MonthseCommerce CM3 Target 15–25%Inventory Days Target 45–75 DTCBlended ROAS Floor 2.5–3.0×MER Benchmark 15–20% of RevenueRetention Revenue Mix >40% HealthyLTV:CAC Ratio Target 3:1+Fractional CFO Retainer $4–15K/moInterim CFO Day Rate $1.2–2.5KCPG Trade Spend 12–20% of GrossSaaS Rule of 40 Benchmark ≥40%

// The Journal

Insights & Hiring Guides

How to hire, what it costs, and the benchmarks that decide who's actually good. Written for operators.

Fractional CFO for SaaS: Rule of 40, NRR and Burn Discipline
Rule of 40 above 40%, NRR above 110%, CAC payback under 18 months, gross margin 70%–85% — the four benchmarks a fractional CFO tracks to keep a SaaS business fundable.
SaaS June 20, 2026 7 min read
What a CFO Does to Prepare Your Brand for a Sale
QoE, working-capital peg, EBITDA normalization and multiple expansion — the CFO tasks that determine whether your brand sells at 3x or 6x EBITDA.
M&A & Exit June 17, 2026 8 min read
Scaling Consumer-Brand Finance from $80M to $200M
The $80M–$200M band is where consumer-brand finance gets genuinely hard. Generalist CFOs struggle here — here is what changes and why specialists win.
Strategy June 13, 2026 7 min read
CPG Finance: Trade Spend, Retailer Margin and the Working-Capital Trap
Trade spend runs 15%–25% of CPG gross sales. Retailer margin takes another 22%–30%. Here is the gross-to-net waterfall and the working-capital trap that catches most founders.
CPG June 11, 2026 8 min read
The eCommerce Finance Benchmarks Every Founder Should Know (2026)
The six eCommerce KPIs that separate healthy brands from ones that quietly run out of cash: gross margin, CAC payback, CM3, LTV:CAC, inventory days and MER.
Benchmarks June 9, 2026 8 min read
When to Hire a Fractional CFO for Your eCommerce Brand
Most eCommerce brands hire a fractional CFO too late. The right trigger is around $5M revenue — and by $20M it is no longer optional. Here is the framework.
Hiring a CFO June 6, 2026 7 min read
Fractional vs Interim CFO: Which Do You Actually Need?
Fractional and interim CFOs solve different problems. Learn which model fits your situation — ongoing strategic finance vs short-term cover or a transaction.
Hiring a CFO June 4, 2026 6 min read
How Much Does a Fractional CFO Cost in 2026?
Fractional CFO retainers run $4K–$15K/month in 2026. Compare day rates, hourly fees and full-time CFO costs to find the right model for your business.
Hiring a CFO June 2, 2026 7 min read