At the end of Q2, good financial planning dictates that your re-forecast the remainder of the year and publish an updated AOP that addresses:
- Changes in your product development plans
- Any new markets you plan to enter or product lines you plan to launch
- Any one-off annual cash expenditures that were not anticipated at the beginning of the year
- Your year-to-date (YTD) performance, ensuring cash remains positive
...Sound confusing? Then you should contact GrowthLab to take the lead on updating your mid-year AOP.
We build your mid-year adjusted AOP collaboratively with your management team. We leverage their performance over the first half of the year to inform the planning process. We discuss which risks and opportunities have been realized, what countermeasures have been made, and what the remaining risks and opportunities are for the remainder of the year.
“GrowthLab has provided invaluable tools and advice to Tizra’s management team, helping us scale smoothly and confidently.“Abe Dane, CEO at Tizra
“GrowthLab earns my highest praise for professionalism and affordability. I have hired them to improve our financial reporting... they were hands-on, patient, and able to move our organization... to an up-to-date and easy-to-use system.”Christine Earley, Ph.D. Board Member & Treasurer at NAMI
“…well-versed in all areas of finance, providing strategic guidance for early- stage start-up businesses… possesses a great work ethic, deep insights into financial analysis and modeling, and a collaborative approach to his work. An asset to any team.”Andy Levitt, Founder & CEO at Purple Carrot
“GrowthLab is a tremendous partner for FluidSense. Allowing our core team to focus on engagement and development, while GrowthLab focuses on the financial and bookkeeping aspects.”Jeff Poole , COO at Fluid Sense
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