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The Role Outsourced Accounting Plays in Growing Your Startup
17Jul
The Role Outsourced Accounting Plays in Growing Your Startup
From everything I’ve learned so far from the businesses we work with, early-stage companies are trying to make a million things happen at once. Most startups we talk to don’t have their operational processes defined right off the bat, so they’re constantly tackling logistical and departmental emergencies all while trying to meet the increasing demands of successful growth.
Yes, it is Possible to Grow a Large Startup Team in a Coworking Space
12Jul
Yes, it is Possible to Grow a Large Startup Team in a Coworking Space
One of the most alluring factors of coworking for independent contractors has always been the motivation that comes from being around other like-minded professionals and feeding off of their energy—it’s contagious.
8 Budgeting Tips for Surviving Seasonal Business Ups & Downs
9Jul
8 Budgeting Tips for Surviving Seasonal Business Ups & Downs
First things first, you need to determine the minimal requirements it takes for your business to exist.
Taking Out a Business Loan? Don’t Forget These 6 Steps
6Jul
Taking Out a Business Loan? Don’t Forget These 6 Steps
After I signed on the dotted line, the real work began. The funds from my business loan were sitting in LendEDU’s bank account, and we finally had the capital we needed ahead of the busiest time of the year.
Seed Investment: Comparing SAFE and Convertible Notes
22Jun
Seed Investment: Comparing SAFE and Convertible Notes
When it comes to seed investment, founders have options. Typically they prefer low interest which is where SAFE comes in as a favorable alternative to convertible notes, but there's much more to the picture.
4 Tips to Build a Strong Foundation for Funding
15Jun
4 Tips to Build a Strong Foundation for Funding
There are many articles out there that provide a wide array of lofty advice about fundraising
Navigating a “Friends and Family” Funding Round
8Jun
Navigating a “Friends and Family” Funding Round
Early in his company’s history, entrepreneur Greg Vetter achieved a seemingly impossible feat: he convinced Whole Foods to distribute his family’s line of salad dressings on a national level.
The Founder’s Roadmap to Startup Funding Rounds
21Apr
The Founder’s Roadmap to Startup Funding Rounds
Use this timeline infographic to understand the different stages of startup funding and the financial requirements you'll be expected to fulfill.
What Investors Really Want to See for a Series A Funding Round
16Mar
What Investors Really Want to See for a Series A Funding Round
As someone who spends all day, every day, listening to entrepreneurs share the challenges they face, I’ve learned a few things: Every business may be unique, but business owners have a lot in common.
Making the Switch from Cash or Accrual to GAAP Accounting
9Mar
Making the Switch from Cash or Accrual to GAAP Accounting
One of the most thoughtful and hardworking CPAs I’ve ever met once told me that businesses are like fingerprints—each one is unique and has different ways of tracking and sharing financial information internally.
Your Small Business Can Afford to Offer Retirement Plans—Here’s How
26Jan
Your Small Business Can Afford to Offer Retirement Plans—Here’s How
In the past, many small business owners have thought that providing a 401(k) plan wasn’t realistic for their employees.
What Do Different Industries Spend on Marketing?
8Dec
What Do Different Industries Spend on Marketing?
There’s lots of advice out there about what companies should spend on marketing. Most commentators claim businesses should spend around 6-12% of their revenue on marketing, but it’s important to remember that’s when they’re speaking to a wider audience
3 Financial Metrics I Use to Run My Marketing Agency
6Oct
3 Financial Metrics I Use to Run My Marketing Agency
No successful marketer decides to start their own agency because they love accounting. Not even the most passionate digital marketers who love getting deep into the data, like I did when I started Adficient.
5 Inspiring Lessons from Businesses That Started as Pet Projects
22Sep
5 Inspiring Lessons from Businesses That Started as Pet Projects
Some entrepreneurs were put on this earth to start, run, and grow businesses. And then there are business owners who started as enthusiasts and turned their real-life passions into their livelihood.
Is Your Partner Hurting Your Chances of Getting a Loan?
15Sep
Is Your Partner Hurting Your Chances of Getting a Loan?
Even if you have a promising app, a genius invention, or a breakthrough solution, you won’t get very far without sufficient funds