Top 3 Insights for Blockchain Companies & Individual Investors

Top 3 Insights for Blockchain Companies & Individual Investors

Of late, there is a lot of excitement surrounding blockchain business, especially with the price of the bitcoin and other cryptocurrencies continuing to break all-time highs. Numerous individuals and companies are making upwards of fifty and one-hundred (and even one-thousand!) times their investment in cryptocurrencies. And dozens of companies are raising hundreds of millions of dollars through initial coin offerings (ICOs). As a result, new […]

Read Me Leave comment

8 Rules of Startup Finance (Investors will look for #4)

8 Rules of Startup Finance (Investors will look for #4)

In the early stages of your company, it can be tempting for you as a founder to want to handle all the financial aspects of your business. From payroll to accounting and everything in between, you want to have control and know what’s going on with your growing business at all times. In reality, though, the time you spend on these tasks is taking away […]

Read Me Leave comment

The Dreaded First Audit (See the Checklist to Prepare)

The Dreaded First Audit (See the Checklist to Prepare)

As the owner of a business, there’s a chance that one day you’ll need to go through the process of having your company audited. And while the idea of an audit may seem a bit intimidating (especially if you’ve never been through one before), the findings of an audit can help you improve your company’s financial processes and reporting in a number of ways. The […]

Read Me Leave comment

6 Key Tips to Best Leverage Your Numbers

6 Key Tips to Best Leverage Your Numbers

One area where many startups could use a little help is that of financial planning and analysis (FP&A), which involves thinking very critically about an organization’s numbers and what they truly mean. For startups who don’t already have a CFO or Head of Finance in place, this is yet another valuable function that a finance consultant can support. Either way, there are some basic financial […]

Read Me Leave comment

Top 5 Tips for Picking the Right Accounting Software (Don’t miss #4)

Top 5 Tips for Picking the Right Accounting Software (Don’t miss #4)

  Founders, at the earliest stages of their businesses, have a number of high leverage decisions to make.  As these relate to their bookkeeping and accounting, those decisions include deciding on the type of accounting method to abide by, as well as the specific accounting software they’ll trust to get the job done. There are many inherent tradeoffs  that come along with making these decisions—and […]

Read Me Leave comment

7 Key Considerations When Building Your Finance Team (Start w/ #4)

7 Key Considerations When Building Your Finance Team (Start w/ #4)

While there may be no universal answer to the question “When it is the right time any given company needs to hire a Chief Financial Officer”, the truth remains that businesses of all sizes can benefit from the guidance a CFO can bring to the table. From startups to large corporations, these professionals combine financial expertise with growth strategies to help companies maximize their profits […]

Read Me Leave comment

Accrual vs Cash-Basis Accounting

Accrual vs Cash-Basis Accounting

Accrual and cash-basis accounting are the two primary methods businesses use in tracking their income and expenses. However, depending on the size of your business and other factors, one accounting method may be better-suited than the other. By understanding the differences between each method, you can determine which is best for your company’s needs. Cash-Basis Accounting: Simple to implement, but can distort financials With cash-basis […]

Read Me Leave comment

SaaS Revenue Recognition

SaaS Revenue Recognition

Not so long ago, most consumers purchased software on discs to load onto their own computers. They used the software for years, or at least until they needed to upgrade. Today, software-as-a-service, usually called SaaS, has become the norm. With SaaS, consumers purchase a subscription to use and run software that the vendor hosts.  This subscription may also include a bundle of various services.  These issues […]

Read Me Leave comment