runway

How Can You Extend Your Runway?

There are several strategies to extend your runway, including:
Reduce Expenses: Cutting non-essential expenses can significantly increase your runway. This might include renegotiating vendor contracts or reducing marketing budgets.
Increase Revenue: Finding new revenue streams or increasing sales from existing products/services can help improve your runway.
Raise Additional Funds: Securing additional investment or loans can provide the necessary capital to extend your runway.

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