What Salaries Did Startup CEOs Earn in 2020?
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.
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.
Startup Financial Planning
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.
Technical debt for accountants
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.
Should your company reduce salaries when an employee moves to a lower cost geography?
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.
Best Shopify Apps
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.
Your startup is a giant sea monster
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.
Podcast with Kruze Client and Sean Ellis
Recently, Kruze COO, Scott Orn, participated in Sean Ellis’ new podcast accompanied by one of our clients - the CEO of SonderMind, Mark Frank.
Webinar: SMB loans during COVID
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.
Working Capital 101 for Startups
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.
Kruze Consulting recognized as one of the fastest-growing companies
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.
How are Startups using cloud software that IPO’d in 2019?
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.
If this is the tech recession, what can you do about it?
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.
What Startup CEOs and CFOs Need to Know About Insurance
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.
Uber Lyft - April 2019 Updated Analysis
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!
What financial information do VCs want after an investment?
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.
Kruze Consulting’s Top 2018 Blog Posts
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.
Featured Service - Growlabs
Growlabs is a marketing and sales automation service that helps B2B companies identify new customers and accelerate their growth.
A new startup that is setting out to heal the planet and its people
A noticeable trend among startups is a desire to build a business that will have a positive impact on people and our planet.
Featured Service - FloQast
FloQast is a software exclusively designed for accountants to close books faster and more accurately.
Featured Service - DocSend
DocSend is a great content management tool designed for sales and finance professionals.
What Does a Good Startup CFO Do?
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.
Metrics for Leadership
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.
Featured Service - HubHaus
HubHaus is solving the housing problem for working professionals through Coliving.
Kruze Consulting Firm Overview
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.
Introducing KruzeTax - Startup Tax Returns
Tax Season is upon us! Instead of using a local CPA firm (way too expensive & no Startup expertise), check out KruzeTax.com.
Do bootstrapped startups actually pay taxes?
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.
2018 New Tax Laws & How they Affect Startups
The Good, The Bad and The Ugly.
Startup's Due Diligence Information Venture Lenders Ask For
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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