Invoicing Mistakes That Delay Payment
Common Invoicing Mistake Business Impact Simple Fix Missing or vague payment terms Clients “forget” deadlines, pay late Put clear due date, method, and late fees on every invoice Wrong or unclear contact details Invoice stuck in the wrong inbox or system Confirm billing contact and process before first invoice Math errors and typos Client disputes,
Bootstrapping vs. VC Funding: The Honest Truth
Bootstrapping VC Funding Control Full control, no outside board pressure Shared control, investor oversight Speed Slower growth, careful bets Faster growth, aggressive bets Risk Lower financial risk, higher personal stress Higher financial risk, shared personal stress Ownership You keep the equity You trade equity for cash and support Lifestyle More freedom on pace and direction
Corporate Crypto Treasuries: Should You Hold Bitcoin? (Link to General/Crypto)
Question Short Answer Should a company hold Bitcoin in its treasury? Maybe, but only after strict risk, liquidity, and governance checks. Primary benefit Asymmetric upside as a long-term store of value and strategic asset. Primary risk High volatility, regulatory uncertainty, and potential capital loss. Best fit companies Profitable, cash-rich, with long runway and high risk
Cash Flow Forecasting: Surviving the ‘Net-60’ Payment Terms
Question Quick Answer What is cash flow forecasting? Planning when cash comes in and goes out so you do not run out before clients pay. Biggest risk with Net-60 terms? You can be “profitable” on paper but broke in your bank account. Core habit to survive? Weekly cash forecast for at least 13 weeks ahead.
Managing Debt: Good Leverage vs. Bad Leverage
Good Leverage Bad Leverage Main goal Grow income or asset value Fund lifestyle or cover gaps Cash flow impact Pays for itself or more Drains monthly cash Risk level Measured, backed by real plan High, tied to hope and guessing Typical examples Profitable business, smart mortgage Credit cards, lifestyle loans Key test Will this create
The Cost of Hiring: Salary vs. Total Burden
Item Typical Range Quick Note Base Salary 100% The number you usually negotiate Payroll Taxes & Statutory Costs 10% – 18% of salary Social security, Medicare, unemployment, etc. Benefits (health, retirement, leave) 10% – 30% of salary Varies by country, industry, and generosity Overhead (office, tools, admin) 5% – 25% of salary Space, software, equipment,
Insurance Audits: Are You Overpaying for Liability Coverage?
Question Quick Answer Are most businesses overpaying for liability coverage? Many are, often 10% to 30% above what they should pay. Biggest reason for overpaying Wrong payroll / revenue estimates and old classifications that never get cleaned up. What fixes it Annual insurance audits, clean data, and active communication with your broker. Time required each
Profit First Methodology: Allocating Cash Before Expenses
Quick View Details Main Idea Take profit and pay yourself first, then run the business on what is left Core Mechanism Separate bank accounts for Profit, Owner Pay, Tax, and Operating Expenses Best For Small and mid-sized businesses, solos, agencies, coaches, service providers, ecom Biggest Benefit Profit becomes a habit, not a wish at year
Recession-Proofing: Building a War Chest
Aspect What It Means Why It Matters In A Recession War Chest Size 3 to 12 months of expenses in cash or near-cash Buys time to make smart moves instead of panic moves Cash Mix Checking, high-yield savings, short-term treasuries Balances safety, access, and a bit of interest Debt Position Low high-interest debt, predictable payments
Tech Stack Audits: Cutting Unused SaaS Subscriptions
Aspect What You Get From a Tech Stack Audit Primary Goal Cut unused or low‑value SaaS and reduce recurring costs Time Required 1 to 3 weeks for a first full audit, then quarterly reviews Typical Savings 10% to 35% of total SaaS spend in the first year Who Should Own It Founder, COO, or head
