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What Is a Balance Sheet?

Up and Running

If you’re in the process of starting a business or writing a business plan document, you’ll have heard the phrase “balance sheet” mentioned, or maybe you’ve seen one in a sample business plan. Now that we’ve had a general overview of the balance sheet, let’s take a deeper look at the information a balance sheet should include.

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5 Ways to Improve Your Business Financial Management

Up and Running

Now, managing and analyzing your business finances doesn’t have to be a frustrating process. In fact, by proactively looking for improvements, you can set yourself up for more effective and fruitful financial management. Here are a few tips to help you better manage your business finances. Consult an accountant.

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Praying to the God of Valuation

Both Sides of the Table

There were startups and a software industry but barely. SEEING THINGS FROM THE VC SIDE OF THE TABLE While I was a VC in 2007 & 2008 those were dead years because the market again evaporated due the the Global Financial Crisis (GFC). There was no money train. It was 1991. We still loved every moment.

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Revenue Recognition’s Effect On M&A

YoungUpstarts

by Jacqueline Pruscha, Audit Manager at Sensiba San Filippo. A change in revenue recognition means a change in the due diligence process, specifically accounting diligence, modeling, quality of earnings and cost of integration. For other sectors, notably enterprise software, the changes will be very significant.

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Nonprofit Policy Review Checklist

Board Effect

The National Council of Nonprofits recommends that nonprofit boards review their policies on an annual basis. It’s important to conduct an annual review of your policies so that your nonprofit organization remains in legal compliance and avoids liability issues. Take as many meetings as you need to do a thorough review.

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How Plan Vs Actual Comparison Helps You Manage Your Business

Up and Running

Planning is not just about the plan — it’s about the management. And plan vs. actual analysis, also called variance analysis, is essential to better business management. That’s where you track results, review progress, and make regular course corrections depending on performance. . What is plan vs actual?

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

We want a strong balance sheet (um, ok. but that’s our firm’s money on your balance sheet. This is why investors really like SaaS software companies where you have recurring revenue and your largest customer accounts for < 5% of your revenue and your renewals rates are > 90%.

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