Kruze consulting Blog

Accounting, Finance, HR and Tax for Startups

Startup Offsites Best Practices

Startup Offsites Best Practices
Posted on Sun, 8 January 2023

With the rise of remote work and fully / partially remote startups, offsites are becoming an important way for companies to collaborate and build culture.

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Why Would a Founder or CEO of a VC backed startup get fired?

Why Would a Founder or CEO of a VC backed startup get fired?
Posted on Thu, 5 January 2023

It’s really important to state upfront that no venture capitalist or board member ever wants to fire the founder from a startup.

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Is it better for startups to pay a vendor via a check or credit card?

Is it better for startups to pay a vendor via a check or credit card?
Posted on Wed, 4 January 2023

We get this question a lot; should a startup pay vendors via a check or credit card? Now, for the startup, it’s always easier to pay via credit card.

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Should you shut down state tax accounts when an employee leaves?

Should you shut down state tax accounts when an employee leaves?
Posted on Mon, 2 January 2023

Should you shut down the relevant state tax accounts when a startup employee or co-founder leaves the company?

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Things You Should Do After Closing a Seed Round

Things You Should Do After Closing a Seed Round
Posted on Sat, 17 December 2022

Seed rounds are usually the first material amount of institutional investor money put into a company. So it’s important for startup founders to take the right steps once you have successfully raised that funding.

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How an account aging report can help revenue generating startups

How an account aging report can help revenue generating startups
Posted on Sat, 10 December 2022

An account aging report is a tool that revenue generating startups can use to manage and track their accounts receivable.

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What is a forward commitment in venture debt?

What is a forward commitment in venture debt?
Posted on Sun, 27 November 2022

For startups using venture debt can be a very helpful way to gain additional financing they need, to extend their runways or bridge to the next financing round. In order to strategically utilize venture debt for the best outcome, arranging a forward commitment is a smart move.

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Who Appoints a Startup’s CFO?

Who Appoints a Startup’s CFO?
Posted on Sun, 20 November 2022

When you consider hiring a CFO for a startup, you may also want to think about the other people who will help make that decision.

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What is Pay to Play in Venture Capital?

What is Pay to Play in Venture Capital?
Posted on Sun, 13 November 2022

Kruze Consulting’s COO, Scott Orn, answers the question ‘what is pay to play in venture capital?’ helping startups to understand pay to play provisions.

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Cooking the Books: What Every Accountant Should Know About Fraud

Cooking the Books: What Every Accountant Should Know About Fraud
Posted on Sun, 6 November 2022

A guide to Cooking the Books. What every accountant should know about fraud and how to avoid it at your startup, by Kruze’s COO Scott Orn.

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What salaries did startup CTOs earn in 2022?

What salaries did startup CTOs earn in 2022?
Posted on Tue, 1 November 2022

Kruze, the leading CPA serving VC-backed startups, mines payroll data from hundreds of startups to show what CTOs make.

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Don’t store cash in payments accounts

Don’t store cash in payments accounts
Posted on Sun, 23 October 2022

Kruze Consulting’s COO, Scott Orn, breaks down the reasons why startups should not keep their cash in savings accounts and what to do instead.

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What Is Cash Drag For A VC Fund?

What Is Cash Drag For A VC Fund?
Posted on Sun, 16 October 2022

The term ‘cash drag’ sounds contradictory, because how could cash be a problem for venture capital funds? But cash drag is actually a negative thing.

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Now startup founders can file their 83(b) elections through Carta

Now startup founders can file their 83(b) elections through Carta
Posted on Sun, 9 October 2022

Learn how to file your startup’s 83(b) elections on Carta and why it is going to make things a lot easier and save you from forgetting to submit your election.

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Small Startup Exits

Small Startup Exits
Posted on Sun, 2 October 2022

Kruze Consulting’s overview on the small startup exit trend and the major rise of smaller, but meaningful, startup acquisitions in 2022.

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✨ AI-driven question and answer tool with Kruze's Extensive Startup Accounting And Finance Knowledge Base
This is an experiential tool. Do not rely on these responses, always consult with your CPA, tax advisor, accountant or lawyer.

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