The Clockwork blog
Financial planning resources, cash flow forecasting tips, small business advice & more
Clockwork is 1 of 3 companies accepted in the Plaid Accelerate program
Plaid’s mission is to unlock financial freedom for everyone. Our Plaid Accelerate program aims to directly support a diverse and inclusive fintech community, so that the future of financial services better reflects the rich diversity of consumers who benefit from fintech innovation. Since we launched the program in April 2021, we’ve worked with nine tremendous early stage startups led by founders of color, working to support them as they built and grew their businesses.
Recession Talk: Why you should be financial forecasting
When times are tough and markets are down, cash is king and liquidity will see your business through. With all this talk about bear markets and a lingering recession, it’s easy to scroll through the constant doomsday posts on social media. However, at the end of the day, you can always take action to try to ensure your business from failure.
4 FP&A red flags for your small business
It’s almost too much for someone who is also trying to run and build a business to manage alone. But professional financial help is often out of reach because of prohibitive costs (imagine that). These complexities are a burden for business owners and are a deterrent for others who would consider starting a business but are intimidated by the complexity and dangers of managing business finances. Most small businesses are so caught up in the day-to-day that they don’t have time to look up and see what the future holds. Unfortunately, most businesses aren’t achieving the full potential of their FP&A activity. We’ve come up with the top 5 red flags we’ve seen with FP&A practices, and how you can upgrade your business.