For the past 5 years I’ve been building financial models, either for my own companies as an entrepreneur or helping other startups as a consultant. Through this experience I’ve discovered 6 key insights.
The primary goal of financial models is to show cash flow. Cash flow in service businesses can be measured by the burn rate, and EBITDA. We cover Modeling budgets and milestones, modeling revenue, and modeling costs.
I am an Enrolled Agent that practices before the IRS, which means I can prepare taxes and represent people before the IRS. Here is a list of some of the most frequent ways professionals like me see how business owners get into trouble.
If your company’s brick-and-mortar budget is a source of frustration, it’s probably because there are several items devouring resources without moving your bottom line.
Many startups are in the process of raising money, and many startups get baffled by this journey. Here are 3 pieces of practical advice to share with entrepreneurs at this stage.
The following will go over basic types of funding instruments and the different types of investors for which they are commonly used. As well as some of the more common exit strategies.
Profitability is still the primary goal for most small- to mid-sized businesses (SMBs). Without it, any sized business will struggle to survive in the long run. Here’s tips for improving your company’s profitability.
In the world of economics and finance, there is hardly anything more important than the role of interest rates. Nevertheless, how interest rates truly function happens to be one of the most misunderstood concepts in the business world.
What makes a good investment? Here’s a guide that has stood the test of time in the venture community.