What’s the best time of year to switch to a PEO?
Professional employer organizations (PEOs) are more popular among small companies and startups than ever, and if you’re considering switching to a PEO, you should also think about what time during the year is best to make the transition.
How do venture capital firms make money?
A venture capital (VC) firm has a very different business model from most companies, and it’s important for you as a founder to understand how that model works and how VCs make money. If you’re raising venture capital, you should know what motivates your investors.
Gusto vs Rippling: Which Is Right For Your Startup?
For founders, picking a payroll system, and knowing how to compare the options, presents an important decision that will matter a lot over time.
A Guide to Tax Returns for Seed Stage Startups
It’s tax season once again and for seed stage startup founders, there’s a lot to know. At Kruze Consulting, our tax experts work with early stage companies through all stages of the tax process. Here are the most commonly asked questions we get from founders.
What is an employer of record?
The term ‘employer of record’ is important in the startup world right now, specifically because professional employer organizations (PEOs) are becoming much more popular.
Paying PTO if your startup is shutting down
A crucial task when shutting down a startup company is notifying and paying employees for their paid time off (PTO).
Using bond ladders for startup cash management
A situation that many VC startups face is managing their cash. Your company may have received a large infusion of capital from a funding round, and those funds are sitting in a bank account.
How do you manage accounting complexities when you have a distributed workforce?
More and more, employees are looking for the flexibility of working remotely, and the COVID-19 pandemic has only accelerated this trend toward a distributed workforce.
Closing the Deal: The Final VC Meeting
A final meeting with venture capitalists as part of a startup fundraising round can be intimidating. Like the final level in a video game, you’re very close, but it’s not over yet. Founders need to take this step very seriously. Being prepared helps your startup stand out.
When should your startup make its first operations hire?
Once you’ve launched your company, you’ll need to expand your team as your resources allow. Your startup’s first operations hire is a critical role, and definitely needs to be filled sooner than most founders or CEOs think. Let’s jump right to the point here – we recommend hiring an operations person around employee eight to 10.
Airbase and SVB offer a new integrated expense management solution
An integrated credit card and expense management solution is now available for startups from Airbase and Silicon Valley Bank (SVB). Expense management tracks employee spending and allows companies to reimburse those expenses.
Where should startups put their cash?
Cash management is a very common question for startup companies. After raising capital, your startup might have a significant amount of cash. That capital will be spent over time to develop the business (your burn rate). In the meantime, though, how should those funds be effectively managed?
Why don’t startups use SBA loans?
Entrepreneurs frequently use loans from the Small Business Administration (SBA) to acquire or grow small businesses. Startups, however, rarely use SBA loans for a variety of reasons. Before we get into that, let’s look at what an SBA loan is.
For a seed round, are many investors or a small group better?
Startups require funding, and founders spend a lot of time locating investors. If you’re looking for seed funding, is it better to assemble a large group of investors who provide smaller amounts, or a smaller group of investors who invest large sums?
Steps to shut down a startup
Even the best entrepreneurs build companies that don’t work out and move on to more success later. If you’re in the process of shutting down, I want to explain to you some of the steps to shut down your company appropriately.
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