Who are CEO and CFO?<\/h2>\n\n\n\n
CEO and CFO are the most senior manager of an organization whose main function and responsibility is to oversee the activities and working of the organization. Where <\/strong>CFO is a senior manager whose primary role is to oversee the management of the company’s finances and financial activities which includes <\/p>\n\n\n\n The CFO is also known as controller or treasurer. The chief\nfinancial officer also assumes a seat on the board and is the head of the\ncompany’s finance personnel as they are treated as the key financial\nspokesperson.<\/p>\n\n\n\n CEO is the senior manager person of the company whose responsibility is to look after the activities of the whole organization. As the officer manage different organizations, i.e. government entities, non-profit organizations, and private and public corporations.<\/p>\n\n\n\n The CEO is responsible for maximizing the value of the entity, including revenues, market<\/a> share, share price, etc. and usually reports to the board of directors of the company whereas , In the government and NPO sector, chief executive officers seek to achieve output that relates to the mission and object of the organization.<\/p>\n\n\n\n The primary role and function of CFO and CEO is to run the\nbusiness in such a way to meet out the funding requirement. In addition, businesses,\nover time, need funding for various reasons. Raising funds from external\nsources, requires many strategies and compliances. However, it is important to\nfollow the rules that will help the company to secure the funds faster, as a\nresult, that can help in getting back to build the business and to execute the\nvision. <\/p>\n\n\n\n The rules for CEO and CFO’s when raising funds are –<\/p>\n\n\n\n Company’s financials, compliances, and related matters are the key factors that relate only from the CFO and CEO. CFO’s being a part of the fundraising team are responsible for the matters that relate to the financial matters in the Company. CFO and CEO should take due care for exercising the right policies and projections, and it can be done by participating in roadshow presentations (It’s on the company discretion to have one or two senior executives, who are vital to the business, in addition to the CEO & CFO as part of the core fundraising team. <\/p>\n\n\n\n Technology has undergone major changes in the past few years\nand all technologies that didn’t exist a few decades ago. However, with new\ninnovations that come to life every day, has made all people staying up-to-date\non industry trends on a regular basis<\/a>.<\/p>\n\n\n\n It is risky to rely on technology always, as the machines and\ngadgets might give up in the midway when you need them the most. The officers\nmust keep the work process in such a way that the failure in technology will\nnot result in failure in the work process.<\/p>\n\n\n\n <\/p> For raising a fund, A company needs to maintain speed and\nensure the CFO and CEO are meeting as many investors as they can during the\nroadshow for raising fund and further, they have made sure that proper follow-up\nhas been taken with the investor. Excessive time in converting the deal, might\nlose the excitement and interest you would have generated through your meeting\nfrom the minds of the investor. Moreover, the organization never knows when some\nexternal, uncontrollable factor could create negative sentiments, which as a\nconsequence adversely impact the efforts you would have put in on this entire\nprocess.<\/p>\n\n\n\n As CFO performs a number of important and essential tasks as\nit acts as the right hand for the growth of the business. It provides analysis\nand offers key insights which help the CFO that what level of skill is required\ntotally depending on the state of the company. Good and effective planning is\nrequired which cannot be replaced easily. Proper practice and list of\ncomprehensive questions can be practiced through a mock presentation which will\nhelp the CFO and CEO to boost up and uplifting their confidence level at the\ntime of answering the queries of the Investors.<\/p>\n\n\n\n CEO and CFO must undertake research about the investor and the team before meeting the concerned person. Different types of questions are asked to the investment banker<\/a> to justify the queries of the investor, they must not only ask people in your networking circle but can also consider outsider as well as listening to recorded calls of Investors of other companies, in which the investor has already invested in. The entire process and follow up will assist the company in preparing and strategizing appropriately for the meeting.<\/p>\n\n\n\n For the rapid growth of the company it is required to expand the business and its structure. The role of CFO and CEO has taken a very positive shift due to advancements in technology and globalization which helps a company to grow very fast. You can hire CEO & CFO services as it is less extensive in comparison to in house hiring.<\/p>\n\n\n\n Also Read: <\/strong><\/p>\n\n\n\n For any business raising capital whether it is a start-up or a well-established company, can be an extraordinarily frustrating and time-consuming experience. Capital is required to operate and grow business. In every organization, the entrepreneur or CEO is responsible for raising capital. CEO and CFO very often make some crucial mistakes, while attempting to raise […]<\/p>\n","protected":false},"author":4,"featured_media":21053,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[1373],"acf":{"service_id":"219"},"yoast_head":"\n![\"\"](\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/07\/CEO-CFO-1.png\")
<\/figure>\n\n\n\n![\"CEO](\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/07\/CEO-and-CFO.png\")
<\/figure><\/div>\n\n\n\nWhat are the main rules for CEO and CFO when raising funds?<\/h2>\n\n\n\n
Role Play of the CEO and CFO about the Company’s Financials<\/h3>\n\n\n\n
Not to rely on technology always<\/h3>\n\n\n\n
\n\n\n\nProper Follow-Up and Speed <\/h3>\n\n\n\n
Perfection in Executing Strategy and Nurturing Relationships with the Source of Capital<\/h3>\n\n\n\n
Research and Analysis <\/h3>\n\n\n\n
![\"CEO](\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/07\/CEO.png\")
<\/figure><\/div>\n\n\n\nConclusion<\/h2>\n\n\n\n