Every startup needs three types of financial plans: a Long-range Financial Plan, an Annual Financial Plan, and an Intra-year Forecast.
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.
An e-book that outlines two approaches for forecasting SaaS revenue: a tops-down trendline approach and a bottoms-up revenue driver approach.
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.
Here are three tools to help you extend your cash runway if you are worried that current world events might impact your startup.
COVID-19 Scenario Planning for Startups – 1 of 3 articles on COVID-19 planning for startups. Templates included along with the approach and framework.
Quite simply, Cash Conversion Score is the ROI of one dollar invested in a company. CCS looks at how capital spent to date has been converted into ARR.