To truly capture the power of scenario analysis, you have to run the mental exercise of putting yourself in that moment.
Debbie Rosler, CFO for startups, lays out a simple approach for early-stage startups to set their annual financial plan.
Burkland recommends this presentation from Allied Advisers for an in-depth look at Horizontal SaaS models versus Vertical SaaS models.
The COVID-19 downturn has increased pressure on startups to perform rigorous financial planning and analysis. Startups need to ‘up their game’ on finance.
The most recent PPP loan forgiveness information for allowable expenses during the 8 wk period. Clarification on specific questions asked by businesses.
Start reducing costs now due to the COVID-19 crisis. Work on having a 24+ month cash runway along with implementing these strategies.