Board Readiness Score
Check items below to update
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10 critical items missing
5 important items missing
0 / 19 complete
0/4
Income Statement (P&L)
Critical
Last 3 quarters + YTD. Highlight revenue, gross profit, and EBITDA lines clearly.
Balance Sheet
Critical
Most recent quarter end. Show assets, liabilities, and equity clearly.
Cash Flow Statement
Critical
YTD + trailing 12 months. Operating, investing, and financing activities.
Budget vs. Actuals
Critical
Current quarter variance analysis. Explain significant deviations >10%.
0/5
Revenue Growth Rate
Critical
MoM, QoQ, and YoY. Include ARR or MRR trend chart.
Burn Rate & Runway
Critical
Net and gross burn. Months of runway at current and projected spend.
Gross Margin Trend
Critical
Trailing 4–6 quarters. Are margins expanding or compressing?
Customer Acquisition Cost (CAC)
Important
Blended CAC by channel. Trend over last 4 quarters.
LTV and LTV:CAC Ratio
Important
Lifetime value with churn assumptions. Aim for LTV:CAC ≥ 3x.
0/4
12-Month Cash Flow Forecast
Critical
Month-by-month cash in / cash out. Show assumptions explicitly.
Revenue Projections by Segment
Critical
Break down by product line, customer type, or geography. Show confidence levels.
Scenario Analysis (Base / Bull / Bear)
Important
Three cases with distinct assumptions. Don't just show the rosy scenario.
Fundraising / Financing Timeline
If Applicable
When you'll need capital, how much, and at what terms. Even if early-stage thinking.
0/3
Headcount Plan
Important
Current team size + planned additions next 6–12 months. Fully loaded cost per hire.
Key Open Roles & Hiring Timeline
Important
Critical hires needed to execute on plan. Status and expected start dates.
Major Upcoming Expenses
Important
One-time or lumpy costs >$50K in next 6 months. Capex, contract renewals, etc.
0/3
Market Positioning Update
Important
How your positioning has evolved. New customer segments or ICP changes since last board meeting.
Competitive Landscape Changes
Important
New entrants, competitor pivots, pricing changes. Your response strategy.
Risk Factors & Mitigation Plans
Critical
Top 3–5 risks to the plan. What you're doing about each. Boards hate surprises.
Priority Actions
Check items above to see your personalized prep priorities.
1
Start with Financial Statements — Your P&L, balance sheet, and cash flow are non-negotiable. No board meeting goes well without clean financials.
2
Build your KPI dashboard — Revenue growth rate and runway are the two numbers every board member will ask about within the first 5 minutes.
3
Prepare your 12-month forecast — The board wants to know where you're going. A forecast without scenario analysis signals overconfidence.