Preparing to sell your business is tough work. It takes time to get it into a position where you and potential buyers can be satisfied with the results. You’ll have to straighten your finances, review your business from every angle, ensure you know what documents you need and when, and have a plan for life […] Read more “How to Prepare to Sell Your Business”
Start-up Blog
The software development industry is on track to grow 22% by 2030, and this industry growth will result in countless new products for customers. As software creation develops, the methods that developers use to make this software have changed over the years. Meanwhile, the GAAP – the standard for accounting – has remained the same. Business owners who […] Read more “Capitalize vs Expense the Development of Software Costs: What to Know”
Cash flow is the lifeblood of your business. If you do not have strong cash flow, it’s impossible for your business to meet financial obligations, especially in changing conditions, leaving your business unable to weather the storm and fighting for survival. However, analyzing your numbers now, at the beginning of the New Year, and building […] Read more “How to Prioritize Cash Flow for the New Year”
Many startup business owners plan to hire in the new year. Doing so may help the company grow, improve profits, or enhance customer service. Yet, as you plan to hire, there’s much to think about before making any decisions. You need to know what top talent expects from companies like yours and how your business […] Read more “Accounting Considerations for Hiring in 2022”
You’ve used data to set your goals for 2022 and now you’re excited about the opportunity to make them happen. How are you going to do that? Take advantage of the data you have. Data helped you establish your goals in the first place and you can use data to ensure that you achieve them. […] Read more “How to Bring Your Goals to Reality with Data”
As the new year begins, businesses everywhere have one thing in mind; to reach their business goals and we have the answer; OKRs. To achieve your goals, you’ll need to stay focused and make sure the work of your team prompts high levels of impact. However, this is where the real challenge resides for most […] Read more “How to Set and Achieve Your 2022 Business Goals with OKRs”
Most startups have about 10 million shares of common stock. As the company grows, so will the number of shares. Because this high number only increases over time, it’s important that you have CAP table management to easily view and interpret shareholder equity. But what are CAP tables, exactly? How can you choose between the two most […] Read more “Carta vs Pulley: CAP Table Management Tools for Business Owners”
With the dawn of the new year comes an opportunity for businesses to delve into new accounting tech that drives efficiency and productive work. Accounting tech helps you transform your business operations, allowing you to save time and money while easing the challenges of financial management. You can keep your data organized and processes efficient […] Read more “Accounting Tech To Implement For 2022”
It’s officially time to start creating your annual plan! Whether you are new to the business or a seasoned vet, you’ve likely put into practice each of the main items needed to create an annual plan. A plan starts with assessing your current state. Then it requires setting goals, creating strategies, measuring progress, and confiding […] Read more “Annual Planning Tips for Entrepreneurs”
Tax savings is a goal of every small business owner. However, 93% of business owners will overpay on their taxes, each year. Small business owners have multiple options to save on taxes, as long as they know where to find them. Below are just a few simple tips that can help you to maximize these […] Read more “Top 5 Tax Savings Tips for Profitable Business Owners”
The SaaS industry is booming with innovations in the billing, accounting, and payment system space. Recurly, Billsby, and Chargify are three of the most popular options on the market today. But which one is best? All of them are below with informative side-by-side comparisons so that you can make an informed decision about what works […] Read more “2021 SaaS Reviews: Recurly, SaaSOptics, Billsby, Chargify”
Business owners who wish to offer employees a percentage of future profits may be considering a profits interest method for doing so. This can be a beneficial opportunity for all involved. Before you offer profits interest, it’s important to make sure it’s the right option for your business. Once you’ve done that, you need to […] Read more “How to Implement Profits Interest in Your Business”