In this video, we’re going to show you how to use finance and accounting to grow your business. This will help you grow your company from $50 million to $100 Million in revenue.
This stage of growth is all about efficiency.
We will go over things like hiring your first Chief Financial Officer (CFO), bringing on additional staff to assist with the finance function, establishing reporting rhythms as you in-source more accounting and finance work, converting to GAAP and accrual accounting, implications of geographic and international expansion, systems changes including implementing an ERP if you haven’t already, ensuring you have a solid IT infrastructure, increased demands for reporting, adding enterprise value, and a discussion around exit planning.
Finally, we discussed using mergers and acquisitions as a way to continue growth.
If you like this series check our other episodes below in our series: From Startup to $250 Million: How to use finance and accounting to grow your business. Read part I of our summary of this video here.
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