YoungUpstarts
DECEMBER 16, 2019
As your business grows, you may no longer have time or expertise to effectively manage your finances. Make a Decision About Which Accounting Method to Use to Track Your Finances. To start, you need to determine which accounting system works best for your needs – cash versus accrual. Review Your Accounting Tools.
YoungUpstarts
APRIL 16, 2020
Once you have achieved a calm headspace, take a survey of your cash position: How much cash is left? When is the next payroll due? If you answered “no” to #2, you need to scramble to get cash in time for #3. The fast options to get business cash are: Collecting from customers. Is it enough to cover payroll?
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Feld Thoughts
NOVEMBER 18, 2013
His most recent company, Filtrbox, participated in the inaugural Techstars class (Techstars Boulder 2007) and was a win for all parties involved; Filtrbox was acquired in 2010 by Jive Software (NASDAQ: JIVE). This second kind of seed financing can be a double-edged sword for the entrepreneur and company if not very carefully managed.
Up and Running
JUNE 21, 2013
Do you depend on supplies that vary in price due to market conditions (fuel for instance)? There are a series of “levers” in your business that will affect your cash position. It turns out when they dug into the business they had multiple product lines that were dragging down the profits due to terrible margins.
Cracking the Code
OCTOBER 10, 2008
Cracking The Code. Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. Save Asia for post-IPO Single instance, multi-tenant, single datacenter - Have only one version of the code in production. Labels: SaaS , sales and marketing , software. at 11:09 AM.
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