Need More Runway? Five Steps to Extend Cash
Look critically at your spend and analyze the trade-off between a growth-at-all-costs approach and a more cash-conscious one.
Tools for Startups / Startup Toolkits
Our cash runway extension toolkit is loaded with free tools to help your startup survive today and thrive tomorrow, whatever it brings.
Managing your startup’s cash runway is more important than ever before. Until relatively recently, many of today’s founders have only operated in an environment of aggressive growth. The context has shifted dramatically, and startups must pivot accordingly. In this current environment, startups need to ‘up their game’ on finance and accounting. Use the tools below to extend your operating capital and achieve critical milestones to secure the best terms for your next funding round.
Look critically at your spend and analyze the trade-off between a growth-at-all-costs approach and a more cash-conscious one.
Concerned about how current world events might impact your startup? Here are three tools to help you extend your cash runway.
Burkland’s Fractional CFO team shares a list of cost-saving tips that venture-backed startups can employ to optimize their financial resources.
Here are three tools to help you extend your cash runway if you are worried that current world events might impact your startup.
Start reducing costs now. Work on having a 24+ month cash runway along with implementing these strategies.
Collections process efficiency is especially vital during a financial crisis or downturn. As a startup you need to have as much cash on hand as possible.
With interest rates up, startups should evaluate deploying capital they won’t need for a while into interest-bearing instruments.
An active approach to treasury management can help startups reduce financial risk while putting excess cash to work.
This sample treasury policy template can be customized for adoption by a Board of Directors and implementation by a startup's management team.
The Founder's Field Guide for navigating a crisis including advice from recession-era leaders, investors and CEOs currently at the helm of startups.
Knowing your burn rate is essential to running a startup. Learn how, and get access to Causal's model to calculate it like the world's best-run finance teams do.
Learn how cash burn rate works, why it matters, and how to calculate your business’s burn rate to better understand your runway and plan accordingly.