While the challenges are significant, there are opportunities for startups with strong financial discipline and sufficient capital reserves.
Startups should invest their excess capital with the objective of earning market-based returns on near risk-free instruments.
An active approach to treasury management can help startups reduce financial risk while putting excess cash to work.
An S&OP process aligns demand, supply, and financial planning to help your startup manage cash and develop a resilient supply chain.
For startups with inventory, effectively managing working capital is essential for both survival early on and the ability to scale.
CFO Dan Rosenbaum shares tactical and practical advice to help startups manage and succeed in the current economic downturn.