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When Is It Time For Your Startup To Stop Relying On In-House Accounting?

YoungUpstarts

Most small businesses use cash accounting because it’s the easiest way to track cash flow. Since transactions are recorded at payment, you can track your cash position without adjusting the dates for your bills or invoices. The post When Is It Time For Your Startup To Stop Relying On In-House Accounting?

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How to Run a Productive Monthly Business Plan Review Meeting

Up and Running

We always spend time drilling into the numbers, beyond the top-line revenue and expenses to better understand what the drivers were behind our performance. Most importantly, we review our cash position and cash flow. But you can always start out with a simple cash flow template in Excel. Or did some underperform?

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10 Things Every Small Business Needs To Do

Up and Running

There are a series of “levers” in your business that will affect your cash position. It was a business doing $20 million in revenue per year that had been around for 20 years. Had they gotten rid of those product lines, they would have only made about $13 million in revenue, but over $1 million in actual profits.

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Turing Distinguished Leader Series: With Partner David Zhang, TVC

ReadWriteStart

I founded a startup years ago, and that’s how I started getting a taste of it. The startup didn’t work out, but I found ways to be around it, whether it was on the sales side in Goldman for a few years. How does that translate into advice that you give to your startups? What guidance for your portfolio companies?

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8 Challenges To Overcome In The Growth Of Hyperlocal

Startup Professionals Musings

Entrepreneurs don’t realize that Facebook spent over $100 million, before revenues from advertising turned cash positive. I still hear often the dream of a free service to users, supported by advertising, per the Facebook model. Business founders need deep pockets for this model.

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The Importance of Burn Rate and Cash Runway

Up and Running

You need cash in the bank to operate, to pay employees, and to keep the doors open. If you’re out of cash, you’re out of business. In times of crisis and uncertainty, understanding your cash position is even more important. Burn rate adjustments now will have long-term benefits.

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a16z Podcast: Growth in Turbulent Times

Ben's Blog

Brian : There’s a question here for the super-early-stage startups, those that are experiencing tailwinds: is the tailwind the end, or is it a means to an end? What I mean by that is, let’s say I’m an ed-tech startup that’s focused on some kind of product for home schooling.

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