Startups often burn cash as they grow. The key is to 1. Not panic, but 2. Not get too comfortable with bleeding cash. And this makes cash flow management a must-have skill for founders and … Read More
Calculating Burn Rate and Runway for Startups
If you’re working on building your startup or new company, the early days are absolutely vital. Calculating burn rate, or the rate at which your company is using its cash, is an important metric for … Read More
What are Outsourced CFOs?
As the name implies, an outsourced CFO service is a third-party service that’s hired from outside the company, on a contractor basis, to provide the same services as a CFO — or so it would … Read More