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The 5 Phases of Cash Flow

Something that we find true for almost all the businesses we work with is that it costs their owners twice as much and takes twice as long as they'd envisioned to make those businessses profitable.

Not so long ago, my post-work routine looked like this: After a particularly grueling day, I’d sit on the couch and veg for hours, doing my version of “Netflix and chill,” which meant keeping company with a cold pint of ice cream. I knew the ice cream and the sitting were probably a bad idea, but I told myself this was my well-deserved “reward” for working so hard.

Chatbots are artificially intelligent platforms that interact and communicate with customers on behalf of a business entity. They are making a difference, developing a different user experience and raising customer retention and loyalty.

Startup Losses and Cash Burn

“Cash burn” can be defined as the amount of money that is committed to be spent each month, irrespective of whether or not a business is generating any cash flows. For a pre-revenue startup, this would be equal to your total monthly costs and for a post revenue startup, this would be the total expenses minus the amount the business is earning each month – till of course, the business turns profitable. These expenses are for basic necessities such as salaries, rentals, utilities and communication costs as well as for expenses of a capital nature such as business build out and fixed assets.

There comes a time for virtually every small business when the need to secure outside financing arises. Whether it’s to fund day-to-day operations, invest in new equipment and resources, or simply have enough cash on hand to get through slower seasons, many business owners rely on outside financing.

We live in a multitasking world. You see people every day surfing their phones with their right hand, mid-conversation with the person across the table from them, while also trying to make a lunch selection from the menu in their left hand. Without getting into the concerns about our mental health and the fraying of the social fabric in our personal lives, we should recognize that we are expecting more from every interaction, and from every role in our business lives.

High growth is almost always cause for celebration, especially among company leaders and their investors. But no matter how well a business scales for expansion, some things get ignored. And those little things can quickly become big problems. Like indirect tax compliance. Growing companies face more tax risk (and scrutiny) that any other business.

Why do we desire a cashless system? What is the need of an alternate to paper notes?These are some very pertinent questions today, since with cash there is a potential threat of getting cheated, losing money or not have enough in times of distress. We have even seen and experienced debit/credit cards which are plastic money and also possesses the probable threat of misuse.

It could have been an easy stairway to the top for Arun Muthukumar at Cisco Systems, but it was a Corporate Social Responsibility (CSR) assignment back then, that motivated him to shed his MNC attire and dive into the world of entrepreneurship.

Artificial intelligence (A.I.) has taken the media by storm, with new groundbreaking accomplishments by global companies. Google’s DeepMind recently beat a world champion of Go, which is said to be the most advanced board game on this planet. Moreover, DeepMind is now able to assist doctors during surgery, detect risk of blindness in an early state to improve the chances of recovery, and other important breakthroughs such as natural language recognition, object detection in images, and face recognition.