Start Up Accounting
4 Critical Metrics to Improve Financial Health
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…
Read MoreFundraising During a Financial Crisis
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…
Read MorePlanning the Next 6 to 12 Months
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…
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 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.…
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