Annual business planning is a critical success factor in achieving long-term financial goals. Crafting a yearly business plan involves reviewing your past performances and identifying solid strategies for the new year. Assembling your business plan … Read More
Cash Flow Statement for Startups
A cash flow statement for startups is an essential financial tool showing owners, investors, and creditors a company’s ability to generate cash inflows and its overall profitability. If you are running an early-stage startup, you … Read More
How Much Should a Business Have in Reserve?
Cash; how much should a business have in reserve? Most business owners sleep better with some financial cushion, particularly with high fixed costs like salaries, rent, or debt. But what’s the right amount for your … Read More