Forecasting: The Dangers (I)

By Jaime Medina

Forecasting is one of the most critical functions within a financial department. Bookkeeping and accounting focus on verifying past and present numbers, providing the foundation for projecting the future and avoiding tax and legal issues. However, the CFO's biggest value often lies in predicting what will happen in the coming years. While this is a useful exercise, it also carries significant risks.

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Gelt: Revolutionizing Cashback and User Management

With a unique cashback model that rewards users for everyday supermarket purchases, this B2C app quickly gained traction. Since 2019, we've worked alongside Gelt to refine their financial operations, secure key funding, and support their expansion into new international markets. As they scaled, Gelt navigated complex challenges with a focus on innovation and growth, becoming a standout player in the cashback industry.

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Top 10 startups

From online education platforms to AI-driven mental health support, these innovative startups are revolutionizing industries and driving impactful change with their latest funding rounds.

Join the innovators

Explore the latest job openings at the forefront of the startup ecosystem. Each issue brings you exciting opportunities from rapidly growing companies ready to harness fresh talent.

CFO Analyst at The Startup CFO (Berlin)

Engineering positions at Fence

Senior Account Executive at ifeel

Commercial Administration Internship at Refruiting

Do you have a job opportunity you'd like us to share? Contact us at info@tscfo.com, and we'll add it to our monthly list.

Our team's top picks

Stay ahead of the curve with the latest topics from the startup world. Our team picks insightful news, articles, webinars, and podcasts to keep you informed and inspired.

Webinar "How to prepare a funding round"

Join our upcoming webinar on Oct 8th with Matthias Vallentin, founder at Tenzir, and Michael Hochholzer, Managing Director at Giesecke+Devrient, as they share their expertise from both the founder and investor perspectives.

This session is perfect for founders, entrepreneurs, and anyone looking to secure investment, providing you with practical insights from seasoned experts. 

Kickstart Europe Report 

Bits & Pretzels is set to unveil the Kickstart Europe report next week, based on insights from over 250 members of the European startup ecosystem. The report dives into Europe’s innovation potential, identifies key growth areas, and offers actionable recommendations for fostering a thriving entrepreneurial landscape.

We’ll be at Bits & Pretzels 2024 to see the full report and join the conversation on shaping the future of Europe's startups!

E-Commerce: The New American Dream

In this episode, Jeff Lowenstein, Co-Founder and Fractional CFO at Free to Grow CFO, shares insights on why e-commerce offers such an accessible path to entrepreneurship, discussing the low barriers to entry and the opportunities it creates for aspiring business owners.