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Meet-up: How to successfully manage your Cash Flow as a Startup

When:
6 February 2019 @ 18:30 – 20:30 Europe/Bucharest Timezone
2019-02-06T18:30:00+02:00
2019-02-06T20:30:00+02:00
Where:
Commons Unirii
2 floor
5 Halelor Str.
Meet-up: How to successfully manage your Cash Flow as a Startup @ Commons Unirii

There are plenty of reasons why startups succeed in their respective marketplaces, but perhaps even more why they do not. ????️

 

Startups face a lot of obstacles in achieving business success: from developing products and services that their target clientele really does not need, to strategic miscalculations.

However, there is one challenge that is most daunting, and that is managing cash flow.

According to a 2014 survey of failed U.S. startups, made by New York-based business intelligence and data-analysis firm – CB Insights, 29% of respondents cited a lack of cash as the reason for their companies’ premature demise.

 

▪️ Why join the event?

During the presentation, we will discuss about how to successfully manage your cash flow. While it’s an obvious point, running out of cash poses a major problem for any business, particularly in the startup phase when clients lists are thin, seed funding can be limited and assets are few.

▪️ You will walk away from our event with the following:

  1. Understanding of cash flow basics
  2. Forecast Stopgaps
  3. Financial projections

▪️ About the speaker

Andrei Stan holds the position of Partner and he also manages the operation of Moore Stephens KSC in Romania and Republic of Moldova. Andrei has over 12 years of experience in audit, accounting, consulting and due-diligence applied both locally and internationally and is a fellow member of the Association of Chartered Certified Accountants UK (ACCA).

He is also a Member of the Moore Stephens Europe Balkan Cluster Review Committee and has managed engagements for clients operating in the following industries: Banking, Trading, Agriculture and Public Sector.

 

Find out more details: http://www.moorestephens-ksc.ro

▪️The event is free of charge.

▪️Make sure you book your place! ✌️

▪️Sign up here: https://docs.google.com/forms/d/e/1FAIpQLSef7is07vL9ui5fJgOgdjLA3h8HxlR6xiPwhkasgRE4p-E7yw/viewform?usp=pp_url