currency hedging (n.) actions taken that reduce exposure to currency exchange rates or movements in foreign currencies.
Finfox is a free financial modeling and planning tool for startups and small businesses. It allows early stage founders to create financial forecasts for fundraising and business scenario analysis. Finfox is fully integrated with Google Sheets which allows complete flexibility and easy collaboration. Using Finfox can save founders thousands of dollars in CFO consulting costs and countless hours fiddling with generic Excel templates. Learn more at www.finfox.co
currency hedging (n.) actions taken that reduce exposure to currency exchange rates or movements in foreign currencies.
From the CFO to the controller, every person in a startup team plays a vital part in the company. Read about the 5 types of people, and different personality types, needed on a startup finance team.
Financial planning and analysis (n.) a method of creating a budget with information about your business (expenses, income, etc.) and evaluating this budget to create a business strategy.
Financial strategy plays a large role in an early company’s success. We spoke with Joe St.Germain about different financial roles that are important for early-stage startups, best practices of financial planning, and the future of financial modeling.
Working at Finfox can be an intense and rewarding experience. We wrote a guide that explains what it means.
Silicon Valley has become a technological hub and pioneered a corporate culture very distinct from the East Coast. Read to find out which factors turned the Bay Area into a hotbed of entrepreneurship.
Spreadsheets alone may not be as effective as you think. Spreadsheets are tedious and often inaccurate. Financial modeling and planning can help your business become more flexible and efficient in the long run.
The founders of startups have to make important decisions about venture capital when their company goes big. Read to find out the two directions in which leaders take their companies.
A spreadsheet is an unbelievable tool that allows companies, consumers, and individuals to model different scenarios. Take a look at our infographic that shows how electronic spreadsheets developed and how we use spreadsheets today.
Cash is king. You’ve probably heard the phrase before. Cash is the lifeblood of any business, large or small. But for small businesses in particular, cash management is even more critical given the relatively less credit availability in the market segment.
How can you tell if your startup is going to be successful? The following guide might help you lift the curtain ever so slightly by letting you figure out how to build a simple forecast that will outline your company's expected Profit & Loss Statements alongside metrics like LTV and CAC.