How to approach creating your first financial projection.
We’ve all heard that age-old phrase “time is money,” but, when it comes to start-ups, money is all about time.
As a founder, you already know how difficult it is to secure cash flow, whether that’s from investor fundraising, bank loans, or even your personal cash. You also already know how quickly it vanishes! At the end of the day, successfully managing your cash is one of the most important things to keeping your business alive.
But how do you manage your cash?
The answer is Financial Projections.