What to Provide When Asked For Your Company’s Financials

September 4, 2018 - Blogs

This is what to provide when a prospective investor or bank asks for your financial statements: Income Statement (also known as a Profit & Loss Statement or P&L)Balance SheetStatement of Cash Flows These statements tell the reader how your company is performing (P&L), its current financial condition (balance sheet), and how it generates and uses cash (statement of cash...

How A CFO Knows When A Company Will Run Out of Cash

August 21, 2018 - Blogs

Nothing irks a business owner more than the last minute “cash dump” into his or her company to make payroll or pay a key supplier. Cash flow...

How To Get Your Company’s First Bank Financing

July 17, 2018 - Blogs

Applying for a business loan from a bank is...

What To Budget For Series A Closing Costs

May 8, 2018 - Blogs

I received a fair number of cost inquiries on my...

Due Diligence Checklist for Raising Venture Capital

April 10, 2018 - Blogs

Due diligence for raising venture capital is a rigorous process.  It is initiated by an investor to determine if he or she will make an investment in a company and the terms of that investment. The process can be unnerving for even the most seasoned entrepreneur. A well-managed due diligence process results in fewer distractions, faster closes, and sets the stage for a great relationship...

Cash: Raising, Spending and Tracking for Fast Growing Companies

March 13, 2018 - Blogs

Managing cash is crucial for an...

Lockboxes: How Banks Can Confiscate Your Cash

February 11, 2018 - Blogs

If your company has receivables or inventory, chances are you’ve come across somebody who wants to lend you money against them. This loan type, called Asset Based Lending (ABL) is popular. It comes with a catch – especially if your company is not yet profitable. That catch is called a lockbox, and it can cause you real problems with your company’s cash flow if not carefully...

Entrepreneurs, This Is Why VCs Have to Negotiate So Hard – And What You Can Do About It

February 1, 2018 - Blogs

f you are an entrepreneur with hopes of raising venture capital, know this: VCs are in the...