Accountancy Age

FINANCE CHIEFS HELP to push growth in burgeoning technology start-ups, ahead of those without financial expertise on board. Research by accounting firm CBW into 100 successful TMT start-ups, and 50 unsuccessful ones, found finance directors were a catalyst for growth. Those with FDs tended to grow sales faster while using less cash; had strong balance sheets; and attracted more investment. TMT starting up with small teams tended to perform better than…