By Anashe Barton, Astrella in strategic alliance with Wealthramp Most startup founders’ financial journey does not follow a predictable path. Traditional financial planning is designed for salaried employees with steady income and employer-sponsored retirement accounts. It doesn’t reflect the reality of building a business where liquidity is uncertain and growth happens in unpredictable waves. In…
If you are a business owner, there comes a time when you will need to consider an exit strategy. Planning for an exit is not as simple as deciding to close shop and walk away; it requires careful consideration of your goals and financial position, understanding the risks and rewards associated with each option, and…
Cap table management is an integral part of running a successful business. It records and tracks all the equity ownership information for your company, such as who owns shares, how many shares are owned, and how those shares are allocated. It can be difficult to accurately track ownership changes or properly manage stock options and…
Spending money is an essential part of growing a business. But to make sure it doesn’t get out of hand; you must track your burn rate — and figure out how to maintain a balance that enables expansion and longevity. Your burn rate is an important financial metric measuring how quickly your company uses up…