Tax, Finance, and Accounting
For Growing Companies

In finance, solvency is defined as a business’s ability to meet its long-term obligations.  Analysts use a variety of solvency ratios to examine the health of a company, the simplest of which is assets vs liabilities. An insolvent company has more liabilities than assets, and vice versa.  Small business owners are often focused on the...

Advisory shares are equity stakes issued to advisors in lieu of (or in addition to) cash.  Startups might use advisory shares when they require expertise but are low on funds. Conversely, advisors accept equity when they believe in a startup’s potential and their ability to guide them to success.  Here’s what we’ll cover in this...

In simple terms, the difference between gross vs net income is that gross income refers to a business’s total earnings, while net income is left over after subtracting expenses.  However, gross vs net income is slightly different for tax purposes depending on whether you’re an employer or an employee:  Because the law requires employers to...

What does VC mean?  In short, VC stands for venture capital, a type of financing where investors purchase ownership stakes in high-risk, high-reward companies. The truth is, most startups don’t need to think about venture capital. This sort of funding is the exception rather than the norm, with fewer than 1% of companies raising VC...