Money, Pricing & Model
Startup finance & accounting
Keep the books, watch the runway.
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What financial basics does every founder need to understand?
Know your cash balance, monthly burn, runway, and gross margin cold, these four numbers decide whether you live or die. You don't need an accountin...
What is burn rate and runway, and how do I calculate them?
Burn rate is how much cash you lose per month (net burn = cash out minus cash in); runway is your cash balance divided by monthly net burn, literal...
Do I need an accountant and proper bookkeeping from day one?
Yes, set up clean bookkeeping and a separate business bank account from day one, even if it's just simple software plus a good CA. Messy early book...
What's the difference between revenue, profit, and cash in the bank, and why did my accountant say I'm profitable when my account is nearly empty?
Profit is an accounting statement (revenue minus expenses on paper), while cash is what's actually in your account right now, and they diverge when...