budgets
Cashflow 101: the King and I
Cash is king… and no one except Elvis is likely to disagree. So why don’t we ever have enough and how can we fix cashflow problems without selling off part of our company?
Strategy: Cash is king
While sometimes apocryphal, start-up failure rates tell a sombre story: most start-ups don’t see their third anniversary. This high attrition rate has many causes, but a primary factor is poor cash flow management.
Strategy: Securing your first customer
Achieving your first sale can literally make or break a start-up. Many investors will delay committing significant funds until you can identify a customer prepared to pay real money for your product. It is often at this point that many start-ups fail: not because their product is not up to scratch, but because they run [...]
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