Both Sides of the Table

SEPTEMBER 28, 2014

We want a strong balance sheet (um, ok. but that’s our firm’s money on your balance sheet. Many venture debt lines have “covenants” that restrict you from going below a certain amount of cash in the bank (in normal times they are more common – in better times they are less common).

Burn Rate 383

Burn Rate Balance Sheet .Net Valuation 383

YoungUpstarts

JUNE 17, 2020

This means: compiling a balance sheet, listing all of your assets, all of your payables (or “liabilities”), including what may become a liability down the road (i.e., What is not, however, and just as important, is guidance on answering the practical question, “what exactly do I do now?”. First, get your financial snapshot in focus.

Bankruptcy 179

Bankruptcy Covenant Florida Balance Sheet 179

Up and Running

APRIL 2, 2015

The balance sheet has to list all your business assets, liabilities and capital, and the latest balance sheet is the most important. See Also Small Business Owners, Start Tracking Your Financial Metrics. Complete financial statements, preferably audited or reviewed. Agreement on future ratios.

Balance Sheet 60

Balance Sheet SBA Covenant Technical Review 60

Up and Running

SEPTEMBER 26, 2016

You’re essentially opening up your “financial kimono” to a new entity, which might be viewed as a negative to many growing businesses (think monthly income statements, balance sheets and compliance certificates, annual tax returns, collateral audits, and more).

Covenant 60

Covenant Institutional Investors Balance Sheet Warrant 60

Austin Startup

DECEMBER 7, 2017

To solve this, VCs and entrepreneurs need a quick and easy way to provide seed funding, without a long, drawn out negotiation, onerous debt covenants, or a crazy valuation that could hurt the investor and/or the entrepreneur. It sits on your balance sheet as a form of equity. Two sides of the same intractable coin.

Covenant 48

Covenant Cap Table Early Stage SBA 48