CFO

CFO 3 min read

Financial Reporting in Service Sector Growth Companies

In service companies, the role of the customer is significant, often integrated into the service production process. These businesses focus on meeting their clients’ needs by delivering excellent service, building relationships, and providing exceptional experiences. The CFO’s role in service companies is often extensive and multifaceted. In growth companies, the CFO's responsibilities may include finance, financial management, legal matters, and human resources. This blog post will focus on the key elements of financial reporting and planning.
CFO 5 min read

Series A – Preparations from a CFO’s Perspective

In the Finnish growth company market, there has been extensive reporting recently about the declining availability of funding and the stagnation of the growth funding boom seen in previous years. It's also widely known that a significant portion of growth companies either go bankrupt or fail to meet their objectives because the first major funding round – Series A – doesn’t materialize. Until that point, growth companies can often sustain themselves with funding from founders, angel investors, and public grants. This raises the question: what are the most common pitfalls in executing a Series A funding round, and how can a company maximize its chances of success? Let’s explore these themes from the perspective of a CFO.