Bookkeeping

Consider different scenarios that could affect your cash flow, such as changes in market conditions or unexpected expenses. Use realistic assumptions and conservative estimates when forecasting your cash flow. Holding too much inventory can tie up cash that could be used for other expenses. To avoid this, keep track of…

To learn more about business structures and determine the right one for your startup, check out our guide on How to Choose a Business Structure. Startup accounting is an incredibly valuable, but tedious, aspect of running a startup. While the value gained by effective startup accounting is indisputable, knowing where…