With technological advancement, shifting paradigms around how we work, and changing business needs, how we structure our businesses has changed dramatically. We no longer employ every function we need in-house, and the CFO role is no different. Many businesses are now grappling with whether they should employ a CFO in-house or outsource to a virtual CFO or engage a CFO...

To operate profitably and sustainably, a business needs to be able to not only monitor current financial performance but also anticipate future financial performance. This is why budgeting and forecasting are crucial components of strategic financial management. Budgeting involves planning a business’ spending based on estimated revenue, expenses and cash flow for a specific period, typically a year. Forecasting, on...

Financial modelling and financial analysis are like having a crystal ball for your business. They allow you to see into the future, predicting potential outcomes and making informed decisions about investments, growth, and resource allocation. These insights – typically uncovered by an in-house or outsourced CFO – will help you navigate the financial landscape with confidence, mitigating risks, maximising opportunities,...

Do you know the financial health of your company? Unless you’re looking well beyond the profit and loss statement, it’s very likely you don’t have a full understanding of your financial position – from cash flow, to liquidity, to profitability. This is where a financial health check can be beneficial. What’s a financial health check? A financial health check is...

With the New Year now officially underway, there’s no better time to review your business’ financial position and commit to new goals for the year ahead. Here are our top five financial New Year’s Resolutions to get you started on the right foot. 1. Plan for 2023 The beginning of the year is an ideal time to plan for the...

If you’re concerned about a looming recession, high inflation, rising interest rates, weak consumer sentiment and the war in the Ukraine creating economic uncertainty, you’re not alone. As a startup, it can already be hard enough to grow, let alone grow when economic conditions are unfavourable. So, how can startups remain resilient amid the current economic uncertainty? Stay positive Don’t...

With COVID-19, the war in Ukraine and inflation all causing volatility in the current environment, it has suddenly become much harder for startups to attract investors and raise capital. This means that plans to raise capital in 6, 12 or 18 months may be derailed, thus, figuring out how to make your runway last longer is a top priority. Runway...

With increasingly volatile conditions thanks to the impacts of COVID-19, the war in Ukraine and rising global inflation, equity capital markets have cooled. This has serious implications for high-growth startups. Even the most high-potential startups may struggle to raise capital in this environment. As such, they will need to be able to make their runway go further. For those that...

Seed capital refers to the starting capital needed to fund a startup’s launch. Sourcing seed capital is the earliest stage of capital raising and occurs before the business is even established. Seed capital will fund the initial steps in building the business such as developing a proof of concept or prototype, business planning, market research, product development, equipment, marketing, and...