It is late in the year 2020, and we can all agree that it’s been a doozy year so far. Everyone will be probably cheering for the same hopes and wishes to have a much better 2021. It is also a time to get your startup’s financial plan together.
A lot of startup founders know about technical debt. It basically means when you're working fast you're not going to architect everything perfectly.
Due to the sudden explosion of remote work, companies are quite commonly asking us if they should reduce the salaries of employees that move to a geography with a lower cost of living.
We work and do the accounting for a TON of eCommerce companies, and have seen many different configurations of Shopify apps. Here is our list of the best apps for your Shopify software stack.
You’re a startup and the world of possibilities lies at your feet. You’ve developed a product that can provide value to organizations across the globe. You simply need to let the world know about you.
Recently, Kruze COO, Scott Orn, participated in Sean Ellis’ new podcast accompanied by one of our clients - the CEO of SonderMind, Mark Frank.
Kruze Vice President FP&A, Healy Jones, will be joining this new Procurify’s webinar on All You Need To Know For Small Business Loans.
One of the most common questions CEOs ask us at Kruze Consulting is: “How much should my salary be?” Since the Kruze team helps run startup’s books and payroll, it’s natural that we’d get this question. We looked at our payroll data for over 125 seed and venture-backed startups to come up with the answer.
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.
Venture-backed, early-stage companies should use accrual accounting - I won’t get into the detail here as to why, but if your goal is to raise serious VC funding or get acquired by a public technology company (or eventually have an IPO), you need accrual-based accounting.
We are pleased to be growing fast - almost as fast as our best startup clients! We’ve recently been recognized as a fast-growing company by several prestigious publications in the US and the Bay Area.
2019 hasn’t been the best year for startup IPOs. Uber, Lyft, and Slack are all tradings below their IPO prices - and let’s not even talk about WeWork.
From our perch as accountants to almost 200 venture-funded startups, we may be seeing some signs of a coming economic slowdown. Here is our advice on what startup founders should do to prepare for a recession.
Startup companies quickly reach a point where they need insurance. But startup founders often don’t have the time and expertise to figure out what coverage they need - and most brokers don’t understand the unique needs of startups.
We recently updated our Uber vs. Lyft Market Share Report. Check it out to see how these two competitors fought over the startup ridesharing market!
If you are a startup CEO who has just raised funding, this post will help you understand the financial information your VC’s will expect to see from you.
2018 was a big year for Kruze Consulting - we continued to add exciting clients, had a number of our client’s raise high-profile venture rounds, hired some great new accountants and technologies… and published a lot of well-received content.
Growlabs is a marketing and sales automation service that helps B2B companies identify new customers and accelerate their growth.
A noticeable trend among startups is a desire to build a business that will have a positive impact on people and our planet.
FloQast is a software exclusively designed for accountants to close books faster and more accurately.
DocSend is a great content management tool designed for sales and finance professionals.
The first thing a CFO does for startups is to manage the financial reporting. That means making sure the books are closed and closed correctly every month.
Today I'm here to talk with you about metrics and KPIs. I'm not going to talk with you about them in the traditional sense of resource allocation. Other ways that finance professionals typically talk about those things.
HubHaus is solving the housing problem for working professionals through Coliving.
Vanessa Kruze has a passion for startups and loves being a financial copilot for businesses. QuickBooks Online helps her go beyond the reports and forms and help founders and business owners understand the valuable data in their financials.
Tax Season is upon us! Instead of using a local CPA firm (way too expensive & no Startup expertise), check out KruzeTax.com.
Yes, even bootstrapped pre-revenue startups must pay taxes. You might not be subject to Income Taxes (which are based on profitability) but you will still be subject to a wide variety of other taxes which aren’t always connected to Revenue.
The Good, The Bad and The Ugly.
The first thing they're going to ask for is your historical financials.
How much can your startup save in payroll taxes?
Estimate your R&D tax credit using our free calculator.
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