🚀Accelerating Growth through Financial Controls and Analyst Relations

Morning beehiivcommunity! This newsletter leverages our experience and expert insights to grow your business quickly and smartly. Today, we look at installing financial controls as soon as possible.

ICYMI

• Our last newsletter: Impactful Board Meetings and Sales Training

• Did you learn financial basics in primary school?

• Genetically modified cow makes milk with human insulin

Financial Controls Avoid Disaster

"One of the earliest lessons I learned in business was that balance sheets and income statements are fiction; cash flow is reality." – Chris Chocola

While you’re busy trying to change the world, you also want to mitigate financial and business risks. Companies require a financial foundation to maximize limited resources and capture fleeting opportunities effectively. If you have no controls in place currently, the key is to take the first step.

This week’s post covers the importance of financial controls, some initial actions, and other factors to consider while balancing practicality and safety.

Expert Tips for Startups

This section calls on other experts to offer quick, valuable insights into startups.

_{Savor the Growth: Analyst Relations Can Transform Your Startup}

Top chefs have considerable experience to share with aspiring cooks. Similarly, industry analysts can share incredible insights for savvy startups. Sadly, few founders leverage them and lose opportunities. Analysts at firms like Gartner, Forrester, and IDC introduce startups to buyers, spread brand visibility, and provide candid feedback on strategy, markets, and products. The right analysts can make a huge difference in success.

Robin Schaffer is the Founder of Schaffer AR, and you can find the full, tasty article at this link.

Founder Tools

While you focus on product development and capital opportunities, Build Scale Grow helps scale your company by providing fractional leaders, developing teams, and building essential functions.

For insights right now, here are some tools:

Scale: Reach Your Peak includes over 130 business topics to lead holistically.

Startup Diagnostic Assess and prioritize your business quickly.

Productivity Hacks Reach your goals faster.

Facing Your Fears Convert fear into success.

Calendar Book some time with us to discuss a specific issue.

Before You Go!

If you have a specific topic in mind for a future newsletter or feedback, write to us at [email protected].