Posts by Jordan Posell
How to Put Together a Competitive Benefits Package
It’s a dilemma that plagues many entrepreneurs: Should you offer employees a benefits package? And, if so, what should you offer that will meet the needs of your workers without incurring undue financial liability on the business? While some bootstrapped startups have opted to either slash or cut benefits entirely, giving employees the responsibility of…
Read MoreHow to Build an Effective (& Legal) Internship Program
Hiring interns is an excellent way to energize your startup with fresh, young talent while also providing them with the training and real-life skills to help launch a career down the road. In addition, bringing interns on board can give new managers an opportunity to learn the ins and outs of overseeing other workers. Ideally,…
Read MoreStartup Financial Audits: Why, When, and How
Having anyone with the title of “auditor” poke into your startup’s finances is a scenario that instills fear and terror in the hearts and minds of many entrepreneurs. And yet, getting an audit is a practical and effective way for startups to review their financial books and make sure the business is compliant with accounting…
Read MoreHow to Prevent a Bad Hire (And What to Do if You Need to Let One Go)
It’s a scenario that unfortunately too many entrepreneurs have faced in their career: the hire they spent so much time grooming for a specific role is not working out. Not only has time and money been lost but there’s also the added wrinkle of employee morale being lowered as a result of this HR goof.…
Read MoreBuilding an Accounting and Finance Team: From Zero to CFO
We are often asked by startup clients when is the right time to put together an accounting and finance department. The answer in an ideal world? As soon as possible. As we discussed in the blog post entitled “Startup Accounting”, it’s crucial to bring on a professional accountant, usually on a contract basis for cost…
Read MoreHow to Create a Happy and Productive Work Culture
Toxic office politics. Micromanaging supervisors. The tyrannical boss. These signature hallmarks of a worker’s nightmare are, unfortunately, a daily reality for many people. It doesn’t have to be that way. You – and your staff – can enjoy work by putting into place a few workplace policies and perks that foster a productive and happy…
Read MoreStartup Accounting: How to do it right from the beginning
Of all the seemingly endless tasks a business owner has to perform and oversee to ensure his or her startup will survive, accounting should be at the top of the list. One simple misstep can take down a fledgling company. For example, a lack of cash flow is a common reason why many startups fail.…
Read MoreVenture Debt: Why You Need It and When to Pursue It
First things first, let’s define “venture debt”. Venture debt refers to a loan that banks or other lenders provide to venture-backed early-stage or emerging companies. This type of loan can be a great way to fuel growth for a startup. Not only can the financing be used for working capital but also for buying inventory…
Read MoreRick Gombos Joins Full Stack Finance as Senior Partner
Rick Gombos Joins Full Stack Finance as Senior Partner As demand for accounting, HR, and finance services from startup companies continues to grow in 2018, the firm makes a key hire and builds on its position as the leading provider of these services to the tech and startup ecosystem in Southern California. Santa Monica/Pasadena, November…
Read MoreStartup HR: Why It’s Vital to Start Early
A solid HR strategy often goes overlooked when launching a new business. After all, it’s not exactly one of the most thrilling parts of launching a company. But knowing when to bring on a human resources pro to take on recruiting and employee relation responsibilities is key for first-time founders and early-stage startups. It’s common…
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