Many scaleups need to improve CFO skills

Visionary entrepreneurs are often busy with product development and market establishment. It is only when the financing becomes critical that they realise that the proper CFO support is missing, according to Peter Larsson, Managing Partner and Advisor at Evolvefy.

- To succeed in your growth journey, you need to have order and order, relevant reporting and super control over the cash flow. We know that the financial need shifts depending on the phase the company is in, he says and continues:

- We recommend bringing in an interim CFO to get the right specialist skills when you need them most. Part-time, for example, one day a week is enough.

High structural capital, a prerequisitefor growth

Companies often need to learn which CFO profile is required, butEvolvefy can help with this.

- For us, it is easy to see the extent and type of support that is needed. We have a methodology called "Growth Analysis", where we thoroughly review the company, identify the growth potential and make suggestions for consulting solutions or recruiting apermanent CFO, says Peter Larsson. According to Evolvefy, a high structural capital means better conditions for growth. In addition, the company is then better prepared for financial crises and external threats such as pandemics and wars.

- In the Growth Analysis, we see how well-equipped the company is and whether there is a plan and the proper structure. We can help minimise the risks by, for example, developing a continuity plan adapted specifically for scaleups. The fact that we offer financial competence assurance and risk management in combination is unique, states Agneta Molinder, Risk Management & Advisor at Evolvefy.

Evolvefy helps entrepreneurs and business leaders in growing companies build financial structural capital to realise their growth plans. When a company grows, the finance function shifts, and the need for CFO expertise depends on the company's phase. This is where things can often go wrong and become very costly. That's why we exist. Our concept is based on flexible and tailored solutions. We offer Growth Analysis, CFO Interim, Recruitment, Risk Management, and Accounting Services.