26 December, 2013

1-5 finance: Tip, Top 3 reasons why startup businesses die

In order:
1-     Never make it to the sufficiency point. Your business keeps bleeding money with no compensation
-          Indicator: not knowing/setting the breakeven point

2-     Running out of purchasing power. Have no liquid assets when you need them is a KO to your business


3-     Continuous unresolved disputes between business founders, especially regarding the financial issues. So choose your partners wisely