We’ve all heard the ominous phrase ‘burning through your cash’ – nobody want that! But what does the term ‘burn rate’ mean exactly, and is
Month: May 2023
Understanding your business’s current financial situation The financial position of your company is important not only for the day-to-day running of your business but also
What is founder compensation? Most entrepreneurs put the needs and finances of their company ahead of their own. Putting in the hours and all their
You’ve done all the planning and hard work to get your business off the ground. Perhaps you’ve even funding and outside investments. But suddenly you
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