Monthly Archives: January 2010
Outside investors want liquidity, not love.
Taking in angel or venture money requires a setting of an entrepreneur’s expectations that may come as a shock at least at first. From the moment such an investor looks seriously at your company, the investor or VC partner is … Continue reading
Raising money for your business: What are the options?
This post will be perhaps a bit longer than usual, but certainly of great interest for those with interest in or have need for more capital… This stage is critical to many businesses and a passing option to others, depending … Continue reading
Use metrics and a dashboard. ACT upon variances.
Have you ever driven a car that had no speedometer? I had that thrill when a student at the Richard Petty Stockcar School of Driving recently at a motor speedway in California. With a wide track, angled aggressively at … Continue reading
Your budget and forecast light your goal.
Let’s spend a few moments defining a sometimes confusing set of terms. A budget should be created each year as a result of a series of negotiations between departmental managers and their superiors through to the CEO, all in … Continue reading