How to Use Finance to Strategize, Manage, and Set Your Company Up for Success

Created 5 years ago in Funding / Finance

Financial management is the #1 overlooked skill when it comes to entrepreneurship. With the right tools, you can gain incredible insight on what your business needs to not just survive, but to thrive and out-compete. If you aren't doing the following things, you aren't doing enough...
- Weekly cash flow management and projections
- Sources / Uses of Cash Analysis - look at your projects in terms of ROI / IRR!
- Building Assets - what projects will be accretive to longterm value?
- Company Valuation - how will investors and buyers value your company?
- Financial KPI Oversight - What are the financial KPIs, besides revenue and profit, that you are currently tracking?
- Capital Structure Management - Don't have any debt? well, maybe you should! How do you know?
- Capital Raising - When do you need additional capital? What will you use it for? How will you raise the money?