Should your startup hire an interim CFO over a full-time CFO?

15.02.2023

Every startup or spin-off may consider hiring a CFO to manage the financials and show relevant metrics to key stakeholders. However, young companies often lack the necessary financial know-how and resources, or just cannot identify a capable person who is up for the task. A specialized startup interim CFO might be the right answer to that because he or she can proactively,

1. Validate your business model from a financial perspective

2. Prepare and maintain a financial model for budgeting, forecasting and controlling

3. Identify and select attractive market opportunities with a systematic Market Assessment

4. Estimate the fair value of your startup or spin-off

5. Create a convincing business case to bootstrap or present in front of investors

6. Prepare a convincing pitch deck for investors

7. Prepare you for the due diligence process

8. Handle investor communication and prepare investment documents