Restrictions are in place to help slow the spread of coronavirus (COVID-19) and save lives. For more information visit the Department of Health and Human Services (DHHS) website.
Startup Success Series: Cashflow Forecasting
Recording of Startup Success Series: Cashflow Forecasting
Startup Vic CEO Judy Anderson sat down with LUNA's Head of Financial Services Daniel Ross to discuss the difference between cash and accrual accounting; what a good cashflow forecast should look like; and why cash is an important decision making tool for startups and founders.
4:02 - Daniel Ross introduction
5:46 - Cashflow and accrual accounting
13:38 - Setting up a forecast in a crisis
23:35 - Building a runway
43:56 - How frequently should you update your cashflow forecast?
46:43 - Q&A
This webinar was held as part of Startup Victoria's Startup Success Series. The Startup Success Series is a new initiative designed to provide insight and education on the topics that matter most to the founder community right now.
The Startup Success Series is supported by LaunchVic. LaunchVic is Victoria’s startup development agency. LaunchVic invests in organisations and projects that empower entrepreneurs to scale innovative companies and deliver new industry benefits to the Victorian economy. Learn more about LaunchVic: https://launchvic.org/