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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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The Backbone of Sustainable Business Growth

CFO Plans

Technology and automation are revolutionizing Strategic Financial Planning , offering advanced tools for data analysis and decision-making. From AI-driven financial modeling to cloud-based accounting platforms, these innovations provide businesses with real-time insights and enhanced operational efficiency.

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Why Do Nonprofit Accountants Quit?

The Charity CFO

During the “Great Recession,” nonprofits have lost their accountants and financial directors at record rates. At the same time, hundreds of nonprofits are waking up to realize that the financial structure they’ve always relied on doesn’t work as well any more. So why do accountants leave nonprofit organizations?

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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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Achieving the Right Balance of Risk and Return in Corporate Investments 

CFO Talks

For instance, if your company is a startup or in a high-growth phase, you might tolerate more risk, as higher returns will fuel expansion. Monitoring trends, predicting risk factors, and running financial models can give you insights that make decision-making more grounded and informed.

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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.