Capital planning includes budget preparation, strategy formation, and team alignment. It helps create a framework for quantifying decisions and deliberate capital allocation.
A capital plan involves mapping out a medium-term business strategy and creating a budget that outlines resource allocation and implications on cash balance.
Navigating from Series A to B requires increased complexity and possibly hiring a financial expert. Their role is crucial in managing operational details, translating them into a comprehensive budget, and challenging proposals for realistic alignment.