Your startup may have a high rate of growth, but is it financially healthy?  Even if you have great revenue, these top-line numbers can be superficial and don’t tell the whole story. Investors, potential buyers, and lenders often look deeper. Especially investors, who are looking for the right opportunity which involves specific criteria. Primarily things…

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The decade following the global financial crisis has been a prosperous time in the US. A positive economic outlook brings with it an easily accessible flow of investor money. Many entrepreneurs used this opportune time to launch or grow their business. But with the immediate outlook not looking quite as rosy, there are questions about…

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As businesses navigate a post-pandemic world, they’re going to face many new challenges. Few companies, if any, will have the same working and customer service practices as six months ago. It is not business as usual. We have emerged from lockdown into uncharted terriritory. To ensure the ongoing success and growth of your venture, you…

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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…

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Hello my name is Intern

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,…

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Calculator Financial Services

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…

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Conference Meeting Seminar Modern Contemporary Concept

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…

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People Looking Choosing at Colleagues Photo

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…

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