Top-down: This approach is based more on market growth rates and assumptions that initially tend to be very broad. In this case do not provide cost data right from the beginning. Instead, obtain some general market information that will allow for a good ‘guestimate’ of market size and volume growth patterns. Then discuss a growth […]

May 2012 eCFO Tips: Budgets and planning gives you, the CFO, the opportunity to teach people the relationship between financial figures, strategy and operational decisions. As a planning and supervisiory tool, financial planning and budgets are absolutely essential. In a well managed start-up you will be controlling costs through the methods [...]

For those of you fluent in German here an interesting article from Ernst and Young in regards to financing phases. http://bit.ly/JOprgC  

Controlling is a key aspect for each new venture. It starts out initially with a solid understanding of cash flows and moves across various phases as a business growths. In my experience the key aspects for each venture development stage can be summarized with the following headlines: Liquidity awareness Profitability measures Balance sheet [...]

Setting the tone… Financing is a fundamental decision for each entrepreneur. Unfortunately, there is no perfect financing partner and each financing process should be highly tailored towards an entrepreneur’s individual needs. I often compare financing to marriage – as crazy as it might sound a financing process has many comparable steps. From [...]

Please join this group: https://www.xing.com/go/group/74085.059cad/16570300 to get further information about meeting in Hamburg.

It is no coincidence that the first post is about liquidity. Liquidity is the ONLY measure that eCFOs need to focus on from Day One and should focus on for the entire life of any venture. All other considerations, from profitability, growth to balance sheet optimization are irrelevant if you run out of cash. 1st […]

So far there is only limited news for eCFOs – the guys who take care of numbers, financing, controlling structures and other administrative issues for start-ups. This blog hopes to change this – with a range of articles from people who have either already build their own businesses or are in the middle of it. […]