Good Housekeeping: Bookkeeping Edition

Good Housekeeping: Bookkeeping Edition

Avoid Death by a Thousand Quickbook Cuts Since launching, one of the most frequent reasons customers come to Nomad is for what we call “clean-up duty.” Founders and their VCs are forced to reach out to specialists to mop up the financial black hole their company or investment has become, and many times this process is incredibly expensive. We have seen all sorts of messes, from […]

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Attention Delaware LLCs: Annual Franchise Tax Penalties

Attention Delaware LLCs: Annual Franchise Tax Penalties

Don’t Delay If You Missed The June 1st Delaware LLC Deadline For all the founders out there with a Delaware LLC, we wanted to make sure that you’re aware of the annual franchise taxes that are now past due.  Much like Corporations, LLCs which were formed in Delaware are subject to an annual franchise tax which must be paid online (separately from your income tax filing). If […]

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Startup Finance 101: Hiring Your Startup Finance Team

Startup Finance 101: Hiring Your Startup Finance Team

Building your startup finance team Remove the headache, fears, and risks associated with your financial operations and start to build out your team. If this seems overwhelming, don’t worry – Nomad has you covered. Our inaugural blog post is to help you understand the structure of a finance team, including the functions and ballpark full-time compensation each position commands. With this information, you can hire […]

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The Cash Tightrope

The Cash Tightrope

Managing Your Cash Burn Being a founder is scary. One of the most anxiety-provoking elements of the founder role is managing cash. Whether you manage a company dependent on investment or one that’s profitable, thoughts about bank account balances, accounts receivables and expenses can send a chill reverberating down the boldest founder’s spine. While I suppose some anxiety is good, as it motivates folks, most […]

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Nomad Financial: New Interplay Family Member

Nomad Financial: New Interplay Family Member

I’m really excited to announce a new member of the Interplay Family: Nomad Financial. Nomad Financial is a full-service outsourced CFO & finance firm for startups. The company will provide startup founders and their investors a litany of high-value services including: Financial modeling Dashboard creation & reporting Cap table management Decision support Tax & audit prep Fundraising assistance Bookkeeping 409A Insurance And more

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