The Importance of Cash Flow Forecasting for Startups | Accountancy Tips for Founders

#cashflow #startupsuccess #tips
For many startup founders, one of the chief causes for concern is availability of cash - often referred to as runway. We’ve all heard a variation of the phrase, cash is king, and cash often forms the stepping stones between funding rounds for startups on which their business moves forward. Without which they would quickly sink.
It’s for this reason that regular, accurate cashflow forecasting is essential - which is why our accountants for entrepreneurs in London have taken a detailed look at in this week’s newsletter.
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Dragon Argent accountancy services in London specialises in working with startups and SMEs to provide them with accurate and regular financial reports. This is so, so important for businesses that are operating on a tight budget with volatile cashflow. If you would like an exploratory discussion to understand how our accountancy team might be able to improve your decision making, please get in touch.
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IMPORTANT INFORMATION:
This video is published by Dragon Argent Limited. The information in this video is for general guidance only and, although the presenters and publisher believe it was correct at the time it was recorded (April 2023), the law may have changed since then. You should always seek your own independent legal advice. Please note that for employment law, the law explained applies to England, Scotland and Wales. For all other areas of law, it applies to England only.