[Video] Key Accounting Factors to Consider when Raising Seed or Series A
In this interview, we chat with Chris Pham the managing director of Mission Grow Advisors about what startups need to be aware of in regards to accounting factors for Series A & Seed Stage capital investments
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I had a great interview with Chris Pham from Mission Grow Advisors (he also has one of the best websites I have ever seen :).
We went in-depth about what startups need to prepare for from an accounting perspective when it comes to raising seed or Series A capital.
We chatted amongst these key themes & topics:
What do startups need to prepare when trying to successfully raise capital? (I.e. What items? Reports? Forecasts? Etc).
From an accounting perspective, what do they also need to prepare and what assistance from an accountant should they look for?
How do you as an accountant help them though the process of when they do raise capital? Do you help around forming the right valuations?
How do you then help startups as an accountant when they have raised successfully? What’s your input on next steps?
What are mistakes you may see with clients or other startups with their accounting when raising capital?
How do startups forecast or show scenarios for growth based on their current run rate and how investment will help achieve their goals/KPI’s?
It was a very good interview and worth hearing from Chris in this interview if you're thinking about raising capital for your startup.
I'm the Co-founder of Cenario :) - Growth Marketer with 6+ years experience. Previously co-founded one of Australia's top coding schools, founded largest growth hackers community & consulted with some of the biggest brands in the world. Maker of various cool projects too :)