Fighting 30% EBITDA drop 📉 tackling accountant shortage 💸 Interview with leaders from MUZE and Topl 🎧 and more
Welcome to Reinventing R&D! This week, how are CFOs fighting shrinking EBITDA projections 📉 strategies to tackle the accountant shortage 💸 Interview with Alina Guidu of MUZE and Saleha J. of Topl 🎧 and more.
If the latest warnings from Gartner are correct, CFOs will need all the help they can get to avoid shrinking profit margins over the next 3 years.
The analyst group forecasts that relative to 2022, EBITDA margins will drop as much as 30% by 2027.
This comes as a perfect storm of economic conditions collide over the coming months and years that are set to sink consumer demand while labor and operational costs rise.
But any CFO can turn this threat into an opportunity—especially if they diversify their capital strategy to tap into non-dilutive funding sources.
We break down what finance teams can expect as they redraw their budgets and the value that non-dilutive capital, like innovation tax credits, can have in extending your operational runway.
This past spring, the Supreme Court of Canada made a ruling that, despite flying under the radar for many at the time, could have serious implications for R&D-focused organizations as they prepare their end-of-year tax claims.
The TL:DR: The ruling finds that research and development funded through below-market-rate government loans are disqualified from additional SR&ED financing, as those loans now qualify as “government assistance” through the Court’s definition.
Of course, the ruling casts a broad shadow, and marks a big change in course for how government funding programs—which range from loans to grants to tax credits like SR&ED— can support homegrown innovation.
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We’ll break down the details of the case and how Boast recommends navigating this new legal terrain.
In just the past two years, more than 300,000 U.S. auditors and accountants have quit their roles. This is a 17% decline from employment levels in 2019, and a concerning trend that many fear is only set to get worse.
This all comes as the Bureau of Labor Statistics forecast that businesses will need roughly 136,400 accountants and auditors each year to file taxes and maintain financial records over the next decade.
While all of the reasons paint a gloomy picture for the future of accounting and finance jobs, founders and startups have options for filling in the gaps where a lack of staffing is involved.
Are you building traceability into your R&D budgeting?
A system of intelligence that can readily tie investments to outcomes is critical when driving innovation and seeking funding for your product roadmap.
It's also vital that your team seek out genuinely unique approaches when conducting research and development to maximize their access to innovation capital.
On this Founders & Friends edition of the 🎙 What The Tech 🎙 podcast Alina Guidu from MUZE and Saleha J. of Topl discuss how they've been able to pivot their solutions to maximize the value their products deliver.