In this episode we look at the importance for founder of forecasting your cashflow and cashplanning.

Thomas is the founder of Cashplannr, which he launched after a previous venture, where he noticed there was money coming in, but he didn't have the liquidity to pay his invoices on time.

We talk about the need to know -and have- a long enough runway for founders, and that the foundation is financial planning.

3 elements are crucial for Thomas:

1. Implement a real-time financial system

2. Engage in regular scenario planning

3. Compare your actuals with forecasts, to steer your business effectively.

Enjoy this episode!