Money, Pricing & Model
Startup finance & accounting
Keep the books, watch the runway.
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...
How should I manage cash flow so my startup doesn't run out of money?
Take your profit (and taxes) off the top before you touch the rest, invoice fast, and collect faster, cash timing kills more startups than lack of ...
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...
How do I read a P&L, balance sheet, and cash flow statement?
The P&L shows if you're profitable over a period, the balance sheet is a snapshot of what you own and owe, and the cash flow statement shows money ...