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My startup has secured initial funding, but I'm concerned that we are spending money too quickly. I need to carefully monitor our burn rate and extend our runway.
I am a new business owner and find it challenging to interpret my profit and loss statements and balance sheets. I need to gain a better understanding of these key financial documents.
My clients are consistently paying late, which is creating a strain on my cash flow. I need to implement stricter payment terms and follow-up procedures.
