What is Financial Readiness?
Financial Readiness is an indication of how much visibility a company's management team has into the company's near-term performance.
Financial Readiness is an indication of how much visibility a company's management team has into the company's near-term performance. Low financial readiness is not atypical of early-stage companies and is not necessarily a prohibitive investment factor. Nevertheless, management teams with low financial readiness risk allocating resources inappropriately, thus making inefficient use of investors' capital.
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