Leading a start-up is all-consuming. Company leadership is doing everything at once, never has enough time, and is making quick decisions that can make or break their personal wealth. It’s not surprising that keeping the company paperwork tidy is not a priority.
Until it is. Founders can suddenly face the day when investors demand a full accounting of their company’s financials. It may be to value their stake in the firm or as part of the due diligence process for acquisition. What happens next is a mad rush to find and organize all the information under extreme pressure to get a deal done.
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