Accounting

Here’s Why You Should Outsource Your Accounting!

November 29, 2016

So you just raised your first round of funding.  How do you handle your accounting and finance function?  Do it yourself?  Hire internally? Find a bookkeeper?  Or outsource the function?  You may quickly come to the conclusion that at this stage hiring internally is too expensive.  And hopefully you will realize that you have better things to do than accounting.

So, what do you do?

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Accounting

12 Accounting Terms You Must Know!

November 18, 2016

You’ve dipped your toe and now it’s time for the big dive! Jumping into the pool of accounting can be a little complex. But as an entrepreneur, there’s no two ways about it. You just have to do it- head on! There are some terms like profit, revenue and liabilities that most people are familiar with, and then there are some that are just a tad bit more complicated. Before you start scratching your head, let us help you make this jump easier. Here’s a quick glimpse of Accounting Terms 101.

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Accounting

One Approach to Communicating Financial Performance

August 18, 2016

As your business develops, you’ll need to present your actual financial performance alongside your prior and updated estimates from projections, forecasts, and budgets. This post describes one approach to doing so using cumulative revenue as an example. Developing your own methodology and being consistent in its presentation will make your board and investor meetings much more effective and productive.

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