Founders, Extend Your Cash Runway by Taking These Steps Right Now
OpenView Labs
MARCH 27, 2020
Multiple workforce and salary changes distract and demotivate employees, cause leadership questions, and negatively impact your company’s ability to serve customers. For balances extending past 90 days, be wary of depending on that cash in your runway forecasts and be more willing to write off certain bad debts that you may never collect on.
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