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Six Tips for Allocating Startup and Seed Capital

 
  Arthur F. Rothberg, Managing Director, CFO Edge, LLC  
   
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  Article Summary  
When executives in Los Angeles and Southern California seek startup and seed capital for their ventures, receiving funds often marks the beginning of a number of challenges.

In spite of capital misallocation by multiple startups over the years, some leaders continue to make common mistakes when it comes to determining the best way to spend funds.

This article makes six suggestions to help leaders of startups make smart decisions around capital allocation.

Areas addressed include financial discipline, executive team decision making, planning/budgeting, accountability, and objectivity.

Startup executives may be interested in talking with an outsourced CFO services professional who has a proven track record both as a CFO on a startup executive management team and as a financial advisor to successful startups.

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