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The future date at with a company with a high burn rate will run out of money if the current burn rate remains constant.
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Other resources
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7 Tips For Obtaining Angel Investor Funding
If you have a start-up company that is looking for up to $500,000 in financing, your best option is to locate and meet with Angel Investors. Angel Investors are people that invest their own money in start-up companies. Many of them started out the same way, as an entrepreneur with their own start-up company. They like the entrepreneurial spirit and are looking to fund a start-up or two and offer their own business advice and wisdom. Also, their financing terms are less painful that what a venture capital firm would offer and they can usually make a decision in a few weeks on whether or not they will finance your company. Now you know why they are called "Angels".
Read more: Angel Investor Funding
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How to manage business cash flow effectively
There's something you can never afford to forget when you are running a business out of your home: cash is king! Whether it is a multi-billion dollar empire, such as Microsoft, or the tiny mom-and-pop convenience store on the street corner, cash is the life blood of the business.
Read more: Managing cash Flow
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