You might have heard that the biggest cause of business failures is cash flow issues, but to what extent is the severity of this widespread problem? To put things into perspective, more than 80% of ...
Inaccurate cash flow and expense forecasting is a leading cause of business failure and, ultimately, business closure. According to the U.S. Bureau of Labor Statistics, about one in five businesses in ...
CFO/Director at Eventus & author of Deep Finance, Glenn has spent the past two decades helping startups prepare for funding or acquisition. The big three financial reports—income statement, balance ...
Retail business leaders often wrestle with liquidity issues stemming from challenges at the local, regional, national and global levels. Recent stumbling blocks have included supply chain shortages, ...
Why forecasts are necessities for startups Experts advice on how to be conservative in your forecasts. The cash flow pro forma Business plans and financing proposals are based on projections. Past ...