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Getting started with budgets, cash flow and pricing

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Getting started with budgets, cash flow and pricing

Key learnings

  • Building a business from scratch requires hard work, determination and money, an understanding of cash flow and how money moves around the business is key to success. 
  • Cash flow problems cause many start-ups to fail in the first year, some of these failures may have been avoided by business owners starting out with better financial understanding.  
  • Be ready to unleash your inner accountant and create a watertight budget that will see your business go from financial strength to strength. 

It’s not exactly the stuff of daydreams but getting to grips with cash flow and finance is really important. Cash flow problems cause many start-ups to go bust within the first 12 months. And often that could have been avoided with some honest, up-front planning. Here, Transmit Startups explains how to unleash your inner accountant and create a budget that will help your business blossom year-on-year, including:

  • Writing your first budget
  • Cash flow and why it matters
  • Pricing

Don't miss this essential advice to help you get started with budgets, cash flow and pricing.

 

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