III. Where to look / Operational Elements
Runway requires current, verifiable data.
Begin with:
• Current cash balance
• Confirmed receivables (not projected sales)
• Fixed monthly obligations (rent, payroll, debt service)
• Variable expense exposure
• Short-term liabilities
• Deferred payments
• Upcoming large commitments
Runway is calculated by comparing available cash to monthly net outflow.
This is not a forecast.
It is a present-condition assessment.