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A good CFO is the fulcrum of every company, regardless of size. Their shoulders bear much of the responsibility for the viability of the business. Not only can a CFO make or break your brand, but they also have the power to resuscitate a dying company and bring it back on course. It is not an exaggeration to describe the CFO as the next most-powerful leader of a company, right after its owner or CEO.

The CEO, CFO synchrony is best left to these individuals to determine as how two good artistes would plan before a jugalbandi. Great partnerships do not happen overnight, they happen through constant communication, being able to understand each other better, discovering what each one can do, stepping aside and letting the other person take the lead and working towards a common goal - which is to deliver a great performance.

For a startup to get through its initial phase and achieve recognition requires hard work and a unique value proposition. But success may require reducing labor costs, prompting startups and small businesses to consider outsourcing for high levels of productivity with expert-provided solutions. Essentially, outsourcing is a process of using third-party service providers to handle various business functions.

By Mr. Koushik Krishnan, Regional Manager, accounting & control, A-PAC, Tetra Pak Mentoring - building great teams to manage the madness. I handle a somewhat large role in a somewhat large organisation. My work spans 6 time-zones, 9 markets and a billion euro in turnover.