Boston Startup CFO
APRIL 3, 2023
Financial accounting: A topic that can easily disorient even the most driven entrepreneurs. However, don't undervalue the significance of comprehending finance for your startup's survival. Fortunately, we present you with a compass – a diagram that demystifies the functions of financial accounting.
Spreadym
OCTOBER 27, 2023
Before: EBITDA looks at a company's financial performance before accounting for interest, taxes, depreciation, and amortization, as these factors can vary significantly between different companies and industries. Interest: This represents the cost of borrowing money. Taxes: EBITDA excludes income tax expenses.
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Boston Startup CFO
OCTOBER 29, 2012
If you’re running an early-stage startup, chances are there are some knowledge gaps in your core team. Are you prepared to manage the day-to-day of your startup, from recruiting new talent to bookkeeping to financial planning? Look for a professional CFO who has experience working with startups. So, what should you do?
PYMNTS
DECEMBER 3, 2019
The contribution margin — also used by Lyft and Peloton — ignores fixed and startup costs, and highlights core service revenue. The company used generally accepted accounting principles (GAAP) to essentially turn a $1.9 billion net loss into a $142 million profit. Peloton turned a $50 million loss into a $42 million profit.
BlueLight
MAY 1, 2020
Early-stage startup: Focused on finding product market fit, limited financial information to work with. The CEO outsources accounting to a third-party accounting firm and may conduct simple FP&A. The Controller is responsible for accounting and financial reporting. The CFO takes on the responsibility of FP&A.
BlueLight
JULY 30, 2020
Forward In the current economic crisis, business leaders from early-stage startups to large multinational corporations have had to make difficult decisions. My motivation was to understand the responsibility of the CFO suite, the process of billing to accounting, and the software tools available to run an effective finance office.
The Finance Weekly
DECEMBER 18, 2021
A controller (or comptroller in government roles) is the company’s lead accountant and the one in charge of running day-to-day activities of the accounting department. They maintain accurate financial records and are usually senior managers with lots of accounting experience and responsibility. The case for a CFO.
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