I wanted to follow up a bit on my last article, in which I explain why even edgy and disruptive startups need an old-school budget. A lot of startups I’ve encountered seem to think of budgets as fundraising tools. That is, they draft it for potential investors, try to make it “interesting” (a.k.a. “there will …
Super-Duper Early Stage Startup Cash-Basis Budget Read More »
Several months ago, I gave a presentation at PICO Jerusalem on how to write a budget for a business. At the end of the session, I asked the participants to send me feedback. One of them responded something along the lines of: normal small businesses might need budgets but startups are special! We are just …
When I’m not working, writing articles for this website, making (often vain) attempts to keep my garden alive, learning German or knitting*, I volunteer with an organization called Paamonim. We work with families to teach them personal financial management skills. Anyway, this week my team leader had the team come in for a periodic meeting …
