Kruze Consulting’s Post

💰 Cash Management: The Hidden Hiring Boost for Startups 🚀 As a former venture investor who's advised hundreds of startups, I've seen firsthand how smart cash management can be a game-changer. Here's a startup secret many founders overlook: Proper cash management isn't just about keeping your money safe. It's about making your money work for you. 🔑 Key Insight: We've run the numbers for numerous companies, and the results are eye-opening. With the right cash management strategy, many startups can afford to hire 1-2 additional team members per year. How? It's all about: 1. Choosing the right banking partner 2. Utilizing advanced cash management tools 3. Optimizing where and how you hold your funds Remember: Every dollar earned through smart cash management is a dollar you don't need to raise from investors. Don't leave money on the table. Make your startup's cash work as hard as you do! 💪 #StartupFinance #CashManagement

Attention startup leaders! 🚨 Scott Orn drops a bombshell: Good cash management = More hiring power 💪💼 Discover how to unlock hidden growth opportunities in your finances. Find the link to the full article in Scott Orn, CFA's original post. #StartupFinance

🔍 Founders, are you maximizing your startup's financial potential? Scott Orn, CFA shares a golden nugget: Effective cash management can fuel team expansion! 💰🧑💼 Learn how to make every dollar count. See Scott's original post for the link to more invaluable insights.

💡 Smart cash management = Startup growth booster! Scott Orn's latest post reveals how proper financial strategies can help you hire more talent. 🚀💼 Don't miss this game-changing advice for founders! Check out the full article linked in Scott Orn, CFA's original post. #StartupFinance

Are you a venture-backed startup navigating rapid expansion? Managing financial stability is crucial for sustained growth. Our latest blog post explores key strategies to maintain financial health during periods of rapid expansion. From accurate forecasting to effective cash flow management, we delve into the essential practices that can help your startup thrive. Discover how Rooled's expert financial services can support your growth journey and position your startup for long-term success. LINK: https://ow.ly/MII850QJ0V2 #Accounting #CFO #Tax #Finance #Startup #VC

In the startup world, don’t underestimate the power of solid processes. They’re the foundation for future growth. Starting a startup or a new project - Get ready to handle multiple roles with minimal resources. Here’s why clear processes are your secret weapon, especially in finance: Processes might seem boring, but they’re your team’s game plan. They streamline teamwork, simplify onboarding, and ensure everyone is on the same page. For finance, they mean accurate reports and smart budget management. Setting them up can seem like a chore, but it's a game-changer—saving time and avoiding mistakes. #Startups #Finance #FP&A #Efficiency #Teamwork #Growth

Since launching my business, I have provided finance and GTM support for startups. Recently, I am seeing a lot more demand for the finance work. Companies trying to raise but their books aren’t clean. CEOs that want to model out financial impacts of new strategies. Startups burning too much cash and don’t know where to cut costs. Pretty simple stuff that has been neglected. It’s not a lack of finance knowledge that holds them back. It’s a lack of organization and processes that does.

🚀 Navigating Longer Fundraising Cycles: A Strategic Approach for Founders 🚀 In today’s dynamic startup landscape, the fundraising journey is taking longer than ever. Gone are the days of rapid funding rounds; 8-16 months timeline is the new normal. As a Fractional CFO working closely with startups, I’ve observed this shift firsthand. Here’s why founders need to adapt: - Investors conducting deeper due diligence, while companies not ready with data rooms. - Investors are cautious, market fluctuations & uncertainties slowing down decision-making processes. - Competition on the rise, with more startups seeking capital, standing out requires more time and effort. Key Focus: Increase Your Runway 💸💸 To thrive in this new environment, founders must prioritise extending their runway. Here’s how: Optimize Cash Flow: Monitor and manage your cash flow with utmost discipline. Cost Efficiency: Identify and cut unnecessary expenses (before its too late) while maintaining growth momentum. Revenue Diversification: Explore multiple revenue streams to reduce dependency on a single source. Strategic Planning: Regularly update your financial models and adapt to changing circumstances. By extending your runway, you not only buy time for your fundraising efforts but also demonstrate financial discipline and resilience to potential investors. At the end, building great company is all about generating good ROI on invested capital. 💡 #Fundraising #StartupSuccess #CashFlowManagement #FractionalCFO #StartupStrategy #FinancialPlanning #BusinessGrowth #colonelconsultancy #sharktank #startups #CFO #D2C

When your startup's treasury management is just an Excel sheet: 🚀✨ Say goodbye to that Excel chaos and hello to Infinity! 💡With Infinity you can easily manage your treasury and expect higher returns too! 👇 Comment "treasury" or hit that link to book a demo and stop the spreadsheet madness! 🔗 Book a Demo-https://lnkd.in/gs337yud #infinityapp #treasury #startup #founders #treasurymanagement

How to manage Cash Flow after receiving a funding round?   Imagine that you won a lottery. Suddenly, there is too much cash flowing in but you have no idea how to invest it in the best possible way to fuel up your business idea.   This is the situation of startups which have just received funding.   While startups struggle hard to receive funding, once they get it, they do not have a plan on how to make the cash play and win big. It’s highly advisable to manage the cash flow and investments wisely.   Some ways that can help you are : 1. Develop a budget and review it every month 2. Create a cash flow model for a scenario with no revenue to understand how much cash is required to keep the business running. 3. Strike a balance between moving faster and not burning too much money. 4. Hire a Chief Financial Officer for your startup who can effectively manage the cash flows and investments. 5.  It is always better to invest the money which is not going to be used in next 12-18 months What do you think a startup founder should take care of when they have just received funding? Let me know in the comments!! #cashflow #fundinground #businessfunding