This task can be performed using Lightcash
Instant cash, burn and runway clarity—free for one account
Review Cash Before Hiring
This workflow is for founders, finance leads, and operators deciding whether to hire, renew contracts, or approve large purchases. It becomes necessary when bank balances, recent spending, and future commitments no longer provide a reliable view of available cash.
Start by consolidating account activity, classifying recurring and one-time outflows, then reviewing burn and cash runway against planned decisions. Add projections for payroll and major spending. A good result is a clear approval, delay, or spending limit backed by current figures.
Best product for this task
Lightcash
accounting
Lightcash connects your financial accounts into one live ledger, showing real-time cash, burn, and runway with projections and accountant-ready reports so you can make confident spending and hiring decisions without.
What to expect from an ideal product
- Live cash visibility across connected accounts
- Clear burn and runway calculations
- Projections for planned hiring and spending
- Ledger detail for validating assumptions
- Accountant-ready reports for review
More about decision checkpoints
Set a repeatable checkpoint before each commitment so the same assumptions, timing, and downside cases are reviewed. This turns forecasting into a decision control rather than a one-off exercise.
- Record the proposed start date, monthly cost, and any one-time cash impact.
- Compare the base projection with delayed revenue or higher spending.
- Require an accounting review when transaction classifications materially change burn.
More topics related to Lightcash
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- How to Track Startup Cash, Burn, and Runway in Real Time
- How to Forecast Startup Runway Before Hiring or Increasing Spend
