In this video interview with the Senior Director of Revenue Operations and Strategy at Very Good Security (VGS), Colin Gerber provides insights for startups and small businesses who are juggling investments, long-term goals, and growth.
"As an early-stage company, we are cash-conscious since we are raising money," says Colin. "At this point, startups need investments upfront."
Watch to get his tips on
- Aligning investments with long-term growth
- How to balance expenses successfully
- Determining your pricing strategy
📌 This video series, The Cash Flow Show, features financial chats with an emphasis on cash flow. Kelsey Banerjee is hosting. Know someone she should interview? Let us know.
Related: Check out this article based on the interview ➡️ Startup Success: Fundraising and Cash Flow with Very Good Security.
A poor invoicing strategy can eat into your positive cash flow. As a business, you're expected to pay bills even if you have unfilled invoices. These tips could help you stay out of the red:
- Automating your invoicing
- Providing multiple payment options
- Reduce accounts receivable days
Get the details from this article 3 Invoicing Tips for Your Small Business from The Startup Magazine.
Building a budget can be time-consuming. A solid budget will help you control your business startup costs, monitor cash flow, and stay lean from day one.
Brex, an online bank account and credit card provider, provides this 6-step roadmap to help startups and small businesses with better money management.