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When you’re starting a business, you might have big dreams and a vision for the future. But dreams alone won’t pay the bills or keep the lights on. That’s where financial planning and analysis (FP&A) comes in. It’s not just for big corporations — it can make a huge difference in your startup’s success. In fact, nearly 29% of startups fail due to cash flow problems, underscoring the importance of good financial planning.
Why financial planning and analysis matters for startups
Starting a business can be thrilling, but it also comes with challenges. A good financial plan helps you pass those hurdles
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