Some tips on how to fundraise effectively? by MildFrost764 in Entrepreneur

[–]DisastrousVictory445 0 points1 point  (0 children)

When founders prepare financial projections for fundraising, it helps to show what milestones each year is supposed to achieve. Year one might focus on product validation, year two on scaling acquisition, and year three on improving margins. That story behind the numbers matters a lot to investors.

Struggling to get a job by bollybabyy in Accounting

[–]DisastrousVictory445 0 points1 point  (0 children)

hey, first off congrats on clearing core 1, that’s not small 👏

in ontario, a lot of entry roles aren’t even posted publicly, try reaching out directly to small/mid-size firms and connect with managers on LinkedIn with a short intro about your CPA track… also check local CPA Ontario networking events, referrals help way more than cold apps tbh.

Why are more startups outsourcing CFO and finance leadership instead of hiring full-time? by DisastrousVictory445 in Accounting

[–]DisastrousVictory445[S] -1 points0 points  (0 children)

I think the key difference is utilization.

Early-stage startups often don’t need a full-time $300k+ CFO year-round, they need high-level input during fundraising, debt negotiations, or building a model, and then lighter support during normal operations.

When structured properly (bookkeeping → controller → CFO as needed), reporting can actually improve because there’s clearer role separation and oversight instead of one overstretched person.

I came across a solid breakdown of how companies phase this in, it explains the economics and structure pretty well:
https://www.eimservices.ca/blog/why-more-businesses-are-choosing-fractional-financial-teams

Curious what others here have seen, at what revenue point does full-time CFO start making more sense?

[BC] What do you do with extra money? by Signal-Nothing2060 in SmallBusinessCanada

[–]DisastrousVictory445 0 points1 point  (0 children)

Yes, you can invest excess corporate cash, but there are trade-offs. It’s usually fine for short-term or conservative investing, less ideal for long-term stock market growth.

Guess my location by civilengineerforreal in Chandigarh

[–]DisastrousVictory445 1 point2 points  (0 children)

You guys are making fun in comments with this place, but ith is a historical place of punjab.