Finding the right accountant for your startup can be especially challenging if you don't know the right questions to ask. As someone who has worked with hundreds of startups, here
One of the most challenging areas of startup accounting is the equity section of the balance sheet. The equity section is where you track the financial transactions related to all
A recurring trait among accomplished founders is their thoughtful strategy in building a strong financial tech stack. As we'll explore, the realm of accounting, people operations, and tax services involves
by Kayle Paustian, airCFO Manager of Financial Advisory In the earlier stages of any startup, founders are focused on building a solid team, creating healthy cash flow, and hitting key performance
There comes a time in every startup's journey where they need to decide on an exit strategy. Some early investors may even ask for your view as the founder as
There comes a point where every startup needs to start considering how they plan on funding their growth in the coming years. Angel investments, growing rounds of financing and lines
Startups track a lot of data as they begin to grow. From revenues to key performance indicators, net promoter scores and churn rate, these are all important factors to a
It’s a necessary evil for every startup. No matter whether you do it monthly or quarterly, investor reports and communication ensure you stay accountable to your external partners, and ensures
Possibly one of the most important concepts to come out of the 1990’s was the idea of “Lean Management.” The idea of driving efficiency and reducing waste to improve customer
What’s FP&A, why it’s important, and how to find the perfect partner for your startup. In the early days of any company, leaders like you often wear many hats, from product
airCFO’s latest service that helps level the playing field in your next raise. After months of development & testing, airCFO is excited to announce our newest service - Transaction Advisory. This
A good financial model will provide you with insight into your burn rate, hiring plan, and cash runway while also helping you plan for your next fundraising round.
The global coronavirus pandemic has altered the operating environment for all businesses. Early stage start-ups are no exception. Investors, market leaders and policy makers all expect a material decline in
So how is the SaaS business model different from other business models? And is it possible to attract early-round investors while building a SaaS product? By understanding your unique cash flow, it’s very feasible to build a business that can achieve growth through investment and mentorship.
As you start expanding with staff, software subscriptions, and office space, understanding your “burn rate” will become critically important. If you’re in the startup world, you’re likely already familiar with the concept - it has nothing to do with employee burnout or lost opportunities, but can create major problems if left unchecked.
Unless you’re on a remote island or mountain with no cell access, you’re probably already starting to feel the ripple effects on the economy and in our everyday lives from
No one should put themselves in a situation where they absolutely depend on getting this money back in any way, but if you plan carefully, you might be able to recover some of your expenses over time. Startup costs amortization is one of the ways to do so, and while it can be complex when it comes to taxes and planning, the basic idea is easy to understand.
Because there’s always so much at hand, some founders turn to automated bookkeeping software to keep their financial statements straight. While they offer a lot of convenience, they also come with some downsides that can create new issues when it’s time to report.
You may have heard rumors about the stipulations involved in C corporation taxes, but we’re here to set the record straight. Let’s take a look at both the tax advantages and disadvantages of formalizing your organization as a C corp.
What is a fractional CFO and what exactly do they do? Should you hire one? Keep reading - we’ll answer these questions and more.
If you’re a part of a startup or small business, hopefully you’ve got someone handling your bookkeeping who’s keeping track of your tax obligations, but if you’re starting out on your own or your business is structured as a partnership, like a LLC, you probably need to be making quarterly tax payments.
While you might have a good grasp on revenue recognition, things get a bit trickier in a software-as-a-service (SaaS) business.
If this is your first year in business, you might be wondering: are your tax deadlines the same? Does April 15th hold the same weight?