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The 4 basics of financial analysis for startups

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If you are a startup you should know that doing a financial analysis and therefore a plan, is of vital importance for your company. According to a study by CB Insights , one of the 20 reasons startups fail is running out of cash. Having a bad planning of the entrances, exits or the lack of projections of your business, will make you navigate without a fixed course.

Money and time are finite and must be allocated wisely. The question is how you should spend the money to avoid falling into the statistic of companies dying along the way.

A financial analysis (with a plan) is a process that helps determine how the company will achieve its vision, strategic goals, and objectives. Consider that while accounting is about looking back, the........

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