Do you really need an Outsourced CFO to scale your startup? The answer is yes. You put everything into this venture. You’ve figured a lot out along the way, and all that hard work paid off. Now it’s time to scale, and scaling’s complicated. You have a lot to lose but — if you do […] Read more “How Outsourced CFOs Set Founders Up to Scale”
Category: Accounting
If you’re an entrepreneur who’s about to launch a new venture, a startup accountant can help you identify steps that will potentially save thousands in taxes and other expenses. There’s no shortage of planning tips for new businesses, and that’s particularly true when it comes to advice on how to avoid overpaying taxes. It’s hard […] Read more “5 Tax Considerations Startups and Entrepreneurs Need to Think About”
Nowadays, it seems like conversations about cryptocurrency tax are popping up everywhere. And it is not just the “tech-savvy” or hardcore investor that brings up the topic, because many people have begun investing in crypto. Today it seems like crypto has become, for lack of a better term, real. There are many good reasons why […] Read more “CryptoCurrency and Tax Implications”
Business startups need specialized accountants to provide financial insights, planning, and strategy to drive early success and growth. To help companies be successful, startup CEOs need insights into how their money is used and managed at every stage of growth. Those demands are particularly critical in a company’s early days, when available dollars may be […] Read more “Benefits of Working with an Accountant Specializing in Startups”
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”
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”
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”
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”
As the founder of a startup, it’s likely you play some sort of leadership role. Whether it be on a team to accomplish certain goals or guiding other team leaders, it’s important to have strong skills and a solid decision-making process to help your startup grow. Establishing those skills and processes can be done in […] Read more “Data-Driven Leadership: What it is and how to use it in your business”
A financial app can help your business, but it’s often difficult to navigate the complex ecosystem. Just like every entrepreneur, you wear multiple hats. At one point or another you’ve probably been involved, or still are, with every part of your business. One aspect that definitely needs your attention is your business’s financials. But you […] Read more “Financial App Ecosystem for Entrepreneurs”