Medro Updates

Choose a Complete Operating Phase Before Accepting Less Capital

By Don McClain

By Don McClain | Founder & Principal, Medro Advisors

A smaller financing amount needs a complete-phase test. List the deliverable, enabling expenses, operating support and obligations remaining if phase two never happens. Illustratively, a $95,000 deliverable plus $25,000 of support needs $120,000 even after $60,000 of later expansion is removed. With $100,000 usable, the $20,000 gap remains. Compare a smaller self-contained phase, an evidenced additional source and deferral. Medro Advisors can help organize the alternatives; bring the outcome and cost dependencies, not only a lower request.