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The model is helpful for showing what you will do with the capital, how long your runway is and then you overlay the milestones you want to hit on that runway. Investors want to make sure you have plenty of time to hit the milestones.
Often I see Founders learning a ton about their own business and the way the economics need to work when they build their first model, or we build it with them. It’s a great learning tool.
Kruze Consulting handles all things Accounting, Tax, Finance, & HR: interim CFO Consulting, financial modeling, annual taxes, R&D tax credit studies, venture debt consulting, 409A reporting, bookkeeping, AR/AP, and Seed/Series A/B Fundraising Preparation - only for funded startups. Find out why Kruze Consulting has so many successful startups as clients. Contact Kruze today!
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Important Tax Dates for Startups