How can early stage startup fix a founder's salary?
by SMEBOOK (admin) · January 19, 2021
The founder's salary in an early stage start-up is a key determinant of the management of finances. The founder's salary is always dependent upon the financial capability of the start-up itself. That is, it depends on the funding of the start-up. It is recommended that the salary of the founder should be deducted from the existing cash flow within the start-up, even when the cashflow is less. A founder's salary can be less but it acts as a reassurance to investors. A board should consider the financial situation and allocate some of the money to the founder.
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