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5 Accounting Challenges Startups Face and How to Help Them Thrive

The CFO College

Startups tend to operate on shaky ground. 90% of startups will fail - period. From the moment a CEO starts pouring time and money into an idea, a rock-solid financial foundation is key to increasing the odds of success. As an accountant or bookkeeper, you can help prevent startups from going under or losing profitability.

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Best FP&A Software for Startups

The Finance Weekly

Why are FP&A software tools essential for startups and small businesses? For all of these reasons, more and more companies- including small businesses and even startups- are looking for FP&A solutions to help them stay ahead of the competition. What startups and small businesses should look for when choosing FP&A solutions.

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Why A Startup CFO Is Like A Personal Trainer

Boston Startup CFO

According to a report from Harvard Business School, as many as three out of four startups fail to succeed in the long term. To hold their own amongst established competitors, startups need strong leadership teams and effective business strategy. TK: A key role of the CFO at a startup is to build an infrastructure from the ground up.

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8 Most Common Myths Surrounding FP&A

Fpanda Club

FP&A analysts are bookkeepers hiding behind spreadsheets and models. Whether in a startup or in a well-known corporation, it is hard for FP&A practitioners to avoid building financial models of these 3 basic financial statements. Storytelling to be able to explain what is covered behind the numbers.

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Breaking Down the FP&A Function of the CFO Suite

BlueLight

Medium size company: CFO has a Controller as a direct report to handle the day-to-day financial operations and reporting. Early-stage startup: Focused on finding product market fit, limited financial information to work with. FP&A is responsible for strategic planning, decision support, and financial modeling.

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In a time of great market uncertainty, professional financial planning is more important than ever.

BlueLight

Financial Advice for Startups I recently spoke with finance leaders from a couple dozen startups. Their expertise ranged from seed stage start-ups, where the CEO also served as the in-house finance leader, to growth stage companies where an in-house CFO monitored the entity’s current and future financial health.

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To NPV or Not to NPV: That Is the Question

Fpanda Club

Analysts usually build their financial models for the first 5 years of the investment and then add terminal value for all the years coming thereafter which may contribute up to 50% of NPV. Discovery-driven planning are commonly used by startups, but, unfortunately, are not adopted by established companies. Sources: Warren E.