Funding or not, a financially savvy startup founder is better equipped for the long haul. Nearly a third of all failed startups cite running out of cash as the primary reason for the failure. For early stage companies, with investor funding, the cash runway is a bit of a ticking clock. At the end of […] Read more “7 Elements of a Financially Savvy Startup”
Start-up Blog
Can CFO reporting make a meaningful difference in your growth? You’ve successfully launched your business and you’re in a season of growth. Like many CEOs, you have big plans for your business and you want to make all the right moves to help you reach your goals. To do this, it is important that the […] Read more “How to Get Maximum Value from CFO Reporting”
As a business owner, you surely could do with a few extra hours in the day. After all, there’s plenty that you could do during those hours that could help your business grow or give you some extra time to recharge. Since adding extra hours in the day isn’t possible, you have to find ways […] Read more “Productivity Tips for Business Owners”
When you started your business you surely had a vision of where you wanted it to be in the future. But at some point, you come to the realization that reaching your initial vision is not as straightforward as you may have thought initially. Lack of clarity in goals typically happens to most startups or […] Read more “OKRs: What Are They, And Why Track Them?”
A healthy bottom line is not just about growing revenue — as there are specific financial principles that create a bigger impact. The world certainly had its fair share of chaos in the past several months. For many business owners, it’s been a good lesson in the value of financial stability, preparedness and principle. A few […] Read more “5 Financial Principles of Growth”
As a business owner, you’re often deep into the work for your customers and clients. You have a decent idea about your objectives and growth plan. Over the years, you’ve developed something you’re really proud of and hope to build even more. Every quarter you take a look at revenues, expenses and upcoming decisions. If […] Read more “What Are Your Personal Financial Goals For 2021?”
There are key metrics for saas companies that can make the difference between success and failure. Is your company tracking these metrics? Even though the SAAS model of business has grown in popularity in recent years, the concept itself was born over 60 years ago. It started when major players in the computing world like […] Read more “9 Key Metrics for Saas Companies”
The most important asset for every business is the people that are a part of it. Every business owner knows this, and for this reason, one of the biggest aspects of making sure your business grows consistently is having the right talent. The problem then becomes a matter of being able to afford the talent […] Read more “How A Modern CFO Helps With Forward Planning”
When it comes to handling tax planning, most people behave reactively. Unfortunately, most businesses handle their taxes like most people. Perhaps this vignette sounds familiar. For these reactive people and entities, the tax year starts in January and tends to go like this: Scramble to put together all necessary documentation on time in order to […] Read more “What’s The Difference In Proactive Vs Reactive Tax Planning?”
As we get ready to close out 2020, planning your 2021 startup budget becomes more critical every day. While it’s important to take a little time to look back, your focus should now be fixed on what’s to come. And given what we know now, 2021 could be a challenging year. The purpose of setting […] Read more “7 Tips for Building your 2021 Startup Budget”
Can KPI reporting really make a difference for your business next year? With the new year upon us, every business needs to get ready to tackle it full on. 2020 has been full of surprises, to say the least. This year quite simply made every single business on the planet re-think what matters and put […] Read more “KPI Reporting When Planning for 2021”
Annual planning means it’s time for optimism! After reaching Q4 of the calendar, the end of 2020 and the beginning of next year is finally in sight. This means it’s time (or about time) to make your annual financial plan. The plan that will guide your business for the next 12 months. Needless to say, […] Read more “4 Common Mistakes in Annual Planning”