Accounting

NetSuite + tempCFO = The Ideal Startup Solution

June 08, 2017

Let’s assume Matt has decided to launch his own startup. At first, Matt will begin funding at home – himself, his friends, and his family. But slowly, he will start looking at venture capital, angel investors, crowdfunding and more. As he builds his company with financing Matt will generate hundreds of transactions in that first year. Now Matt is an entrepreneur but he has zero knowledge of how accounting works, or what he should do with financials. For him, taking assistance from an outsourced service is a very viable and attractive option!

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Funding

Venture Capital Term Sheets – What to know

May 16, 2017

Term sheets are an integral element of fundraising from investors and Venture Capital funds. After your investment pitch builds investor interest and develops into negotiation a term sheet becomes the basis on which an initial agreement on deal terms is signed. The parties can then go into detailed due diligence to hammer out all the specific and close on the actual investment knowing that there is intention round the table to complete the process.

Entrepreneurs must be proficient and knowledgeable when it comes to term sheets – you can rely on legal counsel and your CFO for a lot of backup and expertise but this doesn’t preclude the need for the entrepreneur to understand the details in a term sheet.

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