Sat.Jul 14, 2018

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Timing Cashflows of Your Sales Commissions and Your Customers

Tomasz Tunguz

Your sales team is starting to close some terrific accounts. As your startup grows, your sales team will experiment with different sales techniques. For example, qualification, pricing, positioning, incentives and contract structure. This is a wonderful phase for a startup. However, there’s a common mistake to avoid. Your VP of Finance should model the impact and approve each experiment.