Search
Top 3 Financial Challenges Startups Face and How to Overcome Them
- CA Aaditya Jain
- Dec 3, 2024
- 1 min read
đĽÂ Struggling with cash flow? Youâre not alone.
70% of startups fail due to poor financial management. But the good news? You can avoid being part of this statistic!
Here are the Top 3 Financial Challenges startups face and how to tackle them:
1ď¸âŁÂ Cash Flow Crunch
Solution: Implement a real-time MIS to track inflows and outflows.
2ď¸âŁÂ Profitability Plateau
Solution: Focus on Unit Economics to ensure every sale adds value.
3ď¸âŁÂ Scaling Chaos
Solution: Conduct monthly financial reviews to align growth with profitability.
đ Follow the CPS Rule:
Control Cash Flow,
Protect Profit Margins,
Sustain Growth.

Comments