In the dynamic and often unpredictable world of startups, maintaining a healthy cash flow is crucial. One key component of this is managing accounts receivable efficiently and effectively. The goal is to ensure that you, as a founder, can recover debts in a manner that preserves customer relationships while bolstering your company’s financial health. Understanding...
In times when you’re constantly running out of runway in the dreaded zone of insolvency, and as a founder, you feel like making payroll is an impossible obstacle course every two weeks, understanding and managing every aspect of your startup’s cash flow and sales becomes a matter of survival. This is where a waterfall analysis...
There’s an old saying, “Cash is King“. In the dynamic world of startups, while product innovation often steals the limelight, the real unsung hero in the narrative of sustainable growth is effective cash flow management. As a startup founder, understanding and managing your cash flow is not just a financial practice; it’s a strategic imperative,...
When you think of threats to your small business, you may consider competitors or individuals trying to steal your ideas, lack of customers, or poor economic conditions. You worry about how your product or service will do, or if you’ll make or have enough money to get through the year. One specific area of concern...
Penny wise and pound foolish. That’s a term you hear tossed around regularly. For those unfamiliar with it, we are referring to those who cautiously save a little money on one thing while wasting a lot of money on something else. Here’s an example: you open a credit card just to get the discount, and...
Tips to Getting It Right (and Avoiding Common Mistakes) Planning is imperative for any situation, but financial planning requires a certain fluidity and finesse. Without solid preparation, lack of direction will cause a manageable situation to devolve into loss and crisis. What good planning consists of: Lucid communication Peer engagement Consistent methodology Successful plans must...
IRC 409A became applicable to employee stock in 2005. It triggered a need for private companies that grant stock options to have their common stock valued approximately once a year. Ravix Group and our partners can provide valuation and outsourced accounting services to startups and other businesses implementing or re-evaluating their stock valuation strategies. What...
Don’t Let Essential Financial Tasks Fall Through the Cracks If you’re involved in mergers and acquisitions, it’s more important than ever to button down your financial due diligence process. An outsourced controller or fractional CFO companies can bring expertise and an outside perspective to your current reporting processes. During an M&A, you’ll want to take...
You’ve built a great online game; users are signing up at record speed and they are buying your virtual currency with the cute name — the cash is rolling in. Everything is great, and your Board of Directors and stockholders love you! Life is good, until… The Harsh Reality of Virtual Revenue Recognition You’re in...
IRC 409A became applicable to employee stock in 2005. It triggered a need for private companies that grant stock options to have their common stock valued approximately once a year. Ravix Group and our partners can provide valuation and outsourced accounting services to startups and other businesses implementing or re-evaluating their stock valuation strategies. What...
