Author name: Michael

Back in the early 2000s, I was advising a startup that had just raised a substantial Series A round. The […]

Back in the early days of Y Combinator, we used to ask founders a simple question: “How much cash do

A few years ago, I met a small business owner who was puzzled by cash flow statements. “I make a

There’s an old saying in business that “cash is king.” It’s a cliché because it’s true. And yet, surprisingly few

There’s a peculiar disconnect in running a small business that I’ve observed over the years. Most owners can tell you

It’s a sunny Tuesday morning. You’re checking your bank account before heading to your shop, and despite having a record

There’s a saying in business that “cash is king.” And it’s true. I’ve seen businesses with impressive sales and growing

Cash flow statements might seem intimidating at first glance, but they’re actually one of the most practical financial tools available

Cash is the lifeblood of any business. You can be profitable on paper yet still struggle to pay your bills

Not long ago, I was having lunch with a friend who runs a growing e-commerce business. She was visibly stressed.