Finance

Role in Startup
Finance is typically handled by the CEO or a part-time bookkeeper. The main task is tracking runway and ensuring the lights stay on. You might keep financial models in a simple spreadsheet, updating them monthly or quarterly.

Objectives
You want to make sure you’re not running out of cash. You also need to maintain basic hygiene with expenses, invoices, and paying vendors. The bare minimum is to have enough clarity so that you can forecast when you need to raise more money.

Areas of Specialization
Specialization is minimal. You might rely on an outsourced accountant or a fractional CFO for advice. As you progress, you’ll refine budgeting, but for now, everything is about survival and clarity on your short-term financial picture.