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5 Keys To A Viable Spending Rate And Cash Management

Startup Professionals Musings

Don’t wait until you are almost out of cash before managing every dollar spent or looking for the next refueling from investors. As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day.

Burn Rate 258
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What Happens When Startups Turn from Their Innovation Stage to Operational Excellence?

Both Sides of the Table

Nearly every successful tech startup I’ve observed over the past 20 years has gone through a similar growth pattern: Innovate, systematize then scale operations. As a startup in this phase you often raise capital, get press, hire staff and everything feels possible. As an early-stage VC I love this phase.

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10 Restaurant Management Tips & Software Solutions

YoungUpstarts

Now more than ever, it’s important to improve your restaurant management, to stay afloat, and boost success. To support your restaurant management in 2021 and beyond, take a look at these software options and tips. Restaurant management software. The software offers a simple to use interface and smoother operations.

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How to Wisely Utilize Debt for Business Expansion

The Startup Magazine

By strategically leveraging debt, businesses can access the capital needed to invest in new opportunities, expand operations, and increase profitability. Poorly managed debt can lead to financial strain, decreased creditworthiness, and even bankruptcy. While debt can provide necessary funds for expansion, it also comes with risks.

Finance 114
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Build Predictable Startup Models by Forming an Agency

ReadWriteStart

Industry-specific domain experience becomes critical when identifying operational pain points ripe for transformation. Client work serves as an additional source of revenue to form new startups. This outside work provides a valuable source of revenue able to be used to fund operations.

Incubator 188
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5 Ways To Conserve Investor Cash And Ensure Survival

Startup Professionals Musings

Don’t wait until you are almost out of cash before managing every dollar spent, or looking for the next refueling from investors. As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day.

Burn Rate 310
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Building Your Startup’s 2022 Revenue Model

Austin Startup

It’s that time of year when Startup CEOs are building their 2022 Revenue Plan. If they fall behind on their sales recruiting numbers, they understand how that will impact revenue targets two quarters out. 1) Some of your best salespeople will move into management. Good Sales leaders know the “equation of the business.”

Revenue 72