by Celia Daniels | Dec 4, 2019 | Budgeting
The foundation of every startup is its budget, but a lot of founders overlook the importance of establishing a strong budget when first starting out, often skating on raised capital or the expectation of future funding. The excitement of new beginnings can overwhelm...
by Celia Daniels | Nov 21, 2019 | Finance
Startup business loans can be something of a double-edged sword. On the one hand, they give your business the financial support it needs to get off the ground – a big hurdle that many startups struggle to overcome, but a large loan or one carelessly negotiated can...
by Celia Daniels | Nov 19, 2019 | Business
Success is the startup dream, but it’s difficult to come by. Startups in the tech industry see failure 70 percent of the time, while consumer hardware startups only succeed 3 percent of the time. These statistics aren’t meant to be discouraging. Instead, they...
by Ryan Smith | Nov 14, 2019 | Finance
The search for investors can be a never-ending quest for startups. Investors equal capital and capital is the lifeblood of a young business. You can use that capital to grow your team, develop your products, acquire customers, and extend your startup’s runway....
by Ryan Smith | Nov 12, 2019 | Business
Gaining a new investor is always a major milestone for a startup but many neglect the next step: maintaining strong investor relations. Investors deliver cash to the business while also bringing opportunity and hope for the future. Each round of investment represents...
by Ryan Smith | Nov 11, 2019 | Finance
You’ve just completed your Series A, bringing in much-needed capital to your fledgling startup. You have cash available to expand your business. You may have new board members. And you have a set of lofty expectations from investors and employees. There’s only one...
by Celia Daniels | Nov 5, 2019 | Finance
It doesn’t matter how fast you grow or how successful your funding rounds are, most startups are going to find themselves, at some point, strapped for cash, or at least looking at a lean period. You have limited resources and big dreams, but you need to budget to...
by Celia Daniels | Oct 29, 2019 | Taxes
Online or off, you’re going to need to charge consumers for your goods with sales tax in mind. That said, each state’s sales tax nexus is different. What Is a Sales Tax Nexus? A sales nexus, in general, is defined as the legal connection between a merchant and the...
by Celia Daniels | Oct 17, 2019 | Bookkeeping
As you build a business from the ground up, you’ll need to find your financial footing. Focusing on better bookkeeping allows your business to operate smoothly over your first year, and then beyond. Learning how to build that foundation isn’t always easy, though. Keep...
by Celia Daniels | Oct 9, 2019 | Taxes
Laying the foundation of a startup is difficult, and comes with unique challenges. Milestones like filing small business taxes for the first time can be a nightmare without the right tools. If you’re a founder new to small business taxes, you’ll find some of the...
