Board reporting for startupsBoard packs that
land in twelve minutes.

A good board pack earns trust in its first page. We design, write, and assemble the pack, then run the cadence around it — so the meeting is about the next bet, not the last number.

§ 01 — Board reporting cadenceA meeting rhythm
the company can carry.

ARR vs PLAN — 12 MO ROLLINGFY24
08162432JFMAMJJASOND+20 MO.
POST-ENGAGEMENTBASELINE
EBIT ($M) — BEFORE / AFTER+400%
012345Q1Q2Q3Q4Q1+
What you get
Exec summary
One page. Three bullets on the quarter. Two asks of the board.
What you get
KPI commentary
Metrics plotted against plan, narrated in plain English.
What you get
Financial review
P&L, balance sheet, cash and runway — vs plan and prior.
What you get
Action log
Directors’ asks, owners, due dates. Closed out publicly.

§ 02 — What goes in a board packSix sections,
same every quarter.

Boards reward consistency. Same format, same metrics, same order — so directors compare quarters, not decode them.

01

Executive Summary

One page. Three bullets on the quarter. Two asks of the board. No decoration.

02

KPIs With Commentary

A dozen metrics that matter, plotted against plan, narrated in plain English. Every red has a plan.

03

Financial Review

P&L vs plan vs prior, cash and runway, variance analysis. Standardized, comparable quarter to quarter.

04

Operational Deep Dive

One theme per meeting — hiring, pricing, a market, a product. Pre-read, not presented.

05

Risk & Compliance

Open risks tracked quarter over quarter. Mitigations assigned, due-dated, and closed out publicly.

06

Appendix

Detail for the curious. Cohort tables, customer lists, option pool, cap table, org chart.

§ 03 — Board pack design, build and cadencePack, prep, and
post-mortem.

DESIGN
  • Pack template
  • KPI taxonomy
  • Commentary style
  • Color + type system
BUILD
  • Monthly KPIs
  • Quarterly board pack
  • Investor update
  • Annual review
CADENCE
  • Pre-read calendar
  • Committee meetings
  • Agenda design
  • Action tracking
TRAINING
  • CEO briefing
  • Finance hand-off
  • Board onboarding
  • Director office hours

§ 04 — How a board reporting engagement runsFive steps,
from your last pack to the next.

We start from the pack you already send, not from a template. The structure follows the decisions your board has to make.

01

Read the last pack

Your last board pack, the minutes and the questions directors keep asking. What they need to decide sets the structure.

02

Design the pack

Template, KPI taxonomy and commentary style, agreed with the CEO before any number goes in.

03

Build the first one together

Monthly KPIs, the quarterly pack and the investor update, built from the same numbers and reviewed line by line with you.

04

Run the cadence

Pre-read calendar, agenda design and an action log where every director’s ask gets an owner, a date and a public close-out.

05

Hand it over

CEO briefing, finance hand-off and board onboarding, so the pack keeps landing on time without us, if that is what you want.

§ — Board reporting FAQFour questions
we hear first.

If yours is not here, book a 30-minute intro call and bring your last pack.

Six sections, in the same order every quarter: an executive summary, KPIs with commentary, the financial review, one operational deep dive, open risks, and an appendix with the detail. Our guide to board reporting for startups walks through each one.

Most early-stage boards meet quarterly, with a short monthly KPI update in between. The format stays the same every time, so directors compare periods instead of decoding them.

The board pack is the full document directors use to decide; the investor update is a shorter note to all shareholders. We run both from the same numbers, so they never disagree. Our investor update template shows the format.

Yes. Send us your last pack and we send back the next one: the same data, restructured, with commentary a board can act on.

§ — WHO YOU WORK WITH
Balint Boday
Balint Boday
FOUNDER · FRACTIONAL CFO & FP&A

You work directly with Balint Boday, the founder: seven years in FP&A, controlling and treasury before the practice, and still the person doing the work every month, not only advising on it.

ABOUT BALINT BODAY

Bring us your
last pack. We'll send back the next one.

Upgrade your pack