Every startup or spin-off may consider hiring a Chief Financial Officer (CFO) to manage the financials and present relevant metrics to key stakeholders. However, young companies often lack the necessary financial know-how, resources, or the ability to identify a capable person who is up for the task. In such cases, a specialized startup interim CFO […]
What does a startup CFO do? And what are a startup’s CFO’s responsibilities in 2024?
Startups and spin-offs often face challenges in managing financials and presenting a coherent vision, strategy, and business plan to investors, co-founders, and employees. A startup CFO brings the necessary skill set to address these challenges, offering operational guidance, strategic insight, and financial clarity essential for the success and growth of the company. Let’s delve into […]
How founders raise startup fundraising successfully in 2024
Founders are exponentially talented in their respective fields. They either have dedicated industry knowledge or a strong technical background to solve real-world problems. However, based on past experience as an investment analyst in venture capital, founders often struggle to get enough attention from investors due to reasons that can be mitigated before or during the […]
How did covid affect the funding amount of seed startups and spin-offs in Switzerland?
Positive Trends Amidst Challenges Overview Despite the global challenges posed by the COVID-19 pandemic, seed startups and spin-offs in Switzerland experienced an overall positive trend in funding amounts. This resilience is evident from the observed data, which shows an increase in both median and average funding amounts in 2020 and 2021 compared to 2019. However, […]
How do Swiss startups perform? Fastest growing European startups sorted by country
The table above shows the median compound annual growth rate of top performing startups based in European countries. Sorted in descending order, Switzerland ranks 9th when taking into account all countries. When considering only countries with more than four observations, Switzerland ranks 4th. The median compound annual growth rate is a good indicator that can […]
How to refine your business strategy in four steps in 2024?
A business strategy is a comprehensive plan detailing how a company sets out to achieve its goals. Ideally, it clearly outlines your company’s unique selling propositions (USPs) and includes a strategy to defend them against competitors. A well-crafted strategy is essential for any company seeking rapid growth and aiming to become an attractive target for […]
Benefits of timely accounting in 2024
In the early stages of business, while many understand the necessity of accounting, managing it promptly is often neglected. Delays in accounting can lead to lower-quality financial statements, often riddled with errors or missed transactions. Factors such as company size, documentation orderliness, regulatory requirements, and stakeholder needs can influence how much delay a business can […]
Predicting Future Revenues with Lead Velocity Rate (LVR)
In the fast-paced world of startups, accurately predicting future revenues is a common challenge for executives and investors. Given that future revenues significantly impact a startup’s valuation, this uncertainty can be problematic. However, one valuable Key Performance Indicator (KPI) that can assist in making more reliable revenue predictions is the Lead Velocity Rate (LVR). Understanding […]
Understanding Your Financial Statements
Financial statements are essential tools that provide a comprehensive overview of your company’s performance, financial health, and ability to generate value. They are crucial for stakeholders, including investors, creditors, and management, to make informed decisions. Let’s delve into the primary types of financial statements and what they reveal about your business. 1. Income Statement Definition […]
Understanding and Optimizing Average Sales Cycle
Another relevant metric to better predict and forecast your startup’s revenue is the average sales cycle. This metric measures the average length of time it takes for a newly generated lead to turn into a paying customer. In simpler terms, it is the speed at which a lead is converted into a paying customer. Understanding […]