According to a study by the U.S. Bureau of Labor Statistics, 20 percent of startups fail in their first year of establishment and 50 percent within their fifth year. Lack of funding is one of the most common reasons for their failure. Your business ideas and hard work are only going to take you so … Read more
If you have a startup and you want to build a sustainable financial future, you’ll need to regularly create and rely upon financial models to guide your decision-making for the startup. This guide answers the what, whys, and hows of financial modelling. A financial model can help you determine the profitability of your business, identify … Read more
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