More posts on "finance" Tag

How do you calculate the True Cost of a startup employee?

How do you calculate the True Cost of a startup employee?
Posted on Wed, 27 May 2020 by Scott Orn, CFA and COO of Kruze Consulting

The first hire for a startup is an exciting time! When a startup goes beyond the founders and has employees, the business can start to feel “real.”

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Webinar: SMB loans during COVID

Webinar: SMB loans during COVID
Posted on Sun, 19 April 2020 by Scott Orn, CFA and COO of Kruze Consulting

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.

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Is the recent COVID stimulus package passed by the federal government available to seed and venture capital-backed startups?

Is the recent COVID stimulus package passed by the federal government available to seed and venture capital-backed startups?
Posted on Tue, 31 March 2020 by Scott Orn, CFA and COO of Kruze Consulting

Kruze Consulting, a leading accounting firm serving VC funded startups, breaks down how the COVID stimulus bill, the CARES Act, will help seed and venture funded startups.

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SBA Crisis loans may work for startups - plus alternative funding sources

SBA Crisis loans may work for startups - plus alternative funding sources
Posted on Tue, 24 March 2020 by Healy Jones, VP of FP&A

Congress is working on legislation to help businesses survive the COVID-19 crisis. Traditionally, SBA loans would not be a fit for venture-backed startups because of personal guarantees requirements and majority ownership issues.

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What the Plaid acquisition by Visa means for startup bookkeepers

What the Plaid acquisition by Visa means for startup bookkeepers
Posted on Tue, 3 March 2020 by Healy Jones, VP of FP&A

Visa has announced that they are acquiring Plaid, a FinTech Unicorn who provides the backend data-transfer piping a lot of automated financial systems use - including some cutting edge bookkeepers.

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Brex vs American Express - Which credit card is best for startups?

Brex vs American Express -  Which credit card is best for startups?
Posted on Tue, 5 November 2019 by Healy Jones, VP of FP&A

The Brex corporate card is one of the fastest-growing financial tools we’ve seen startups adopt in the past few years. But traditional card vendor American Express isn’t sitting on its laurels, and has announced their own “Brex Killer” card -- “American Express Corporate Program for Startups.”

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If this is the tech recession, what can you do about it?

If this is the tech recession, what can you do about it?
Posted on Tue, 22 October 2019 by Healy Jones, VP of FP&A

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.

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Using milestones to gate your burn rate

Using milestones to gate your burn rate
Posted on Tue, 1 October 2019 by Healy Jones, VP of FP&A

Early-stage startups have a constant battle of managing their cash-out dates (when they run of capital) and spending enough to make progress on their business plan.

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Brex vs Stripe - Which card is best for startups?

Brex vs Stripe -  Which card is best for startups?
Posted on Wed, 11 September 2019 by Healy Jones, VP of FP&A

One of the fastest-growing tools that we’ve seen our startup clients adopt is Brex’s corporate card. But Stripe’s new card is a huge announcement from a major fin-tech provider to early-stage companies.

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How working capital can impact a startup's cash flow

How working capital can impact a startup's cash flow
Posted on Tue, 27 August 2019 by Healy Jones, VP of FP&A

In the early days of a startup, projecting cash flow is relatively simple, because it’s a one-way street.

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6 Tips for Setting Up Startup Financial Systems

6 Tips for Setting Up Startup Financial Systems
Posted on Thu, 22 August 2019 by Vanessa Kruze, CEO and Founder of Kruze Consulting

At Kruze Consulting we work with hundreds of startups and we see it all -  shoeboxes full of receipts, hand-written, coffee-stained financial ledgers and even a contract on a cocktail napkin!

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Venture Debt Market to Grow to $10 Billion in 2019

Venture Debt Market to Grow to $10 Billion in 2019
Posted on Tue, 20 August 2019 by Healy Jones, VP of FP&A

As experts in the venture debt market, we recently released a study that surveyed venture debt firms and bankers representing over 85% of the venture debt market.

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Event - Managing Departmental Budgets for Fast Growth Startups

Event - Managing Departmental Budgets for Fast Growth Startups
Posted on Thu, 15 August 2019 by Healy Jones, VP of FP&A

Kruze Consulting and Procurify are pleased to present an event for San Francisco startups, Managing Departmental Budgets for Fast Growth Startups.

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Do Startups Need a DCF for a venture capital round?

Do Startups Need a DCF for a venture capital round?
Posted on Sun, 4 August 2019 by Healy Jones, VP of FP&A

We have worked with hundreds of companies that have raised over $2 billion in venture and seed financing, and have seen a ton of startup pitch decks, capitalization tables and, of course, venture dollars.

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Featured Service - ORIX

Featured Service - ORIX
Posted on Wed, 27 March 2019 by Scott Orn

ORIX Corporation USA is a company that provides capital to clients middle market - and startup - clients.

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Free Resource for Startups Raising Venture Capital

Free Resource for Startups Raising Venture Capital
Posted on Tue, 19 March 2019 by Healy Jones, VP of FP&A

Kruze Consulting’s clients have raised over $500 million in venture and seed funding in the past 12 months, and we’ve worked with top venture capitalists who have invested in our clients.

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Startup Finance and Accounting Job Descriptions

Startup Finance and Accounting Job Descriptions
Posted on Mon, 3 December 2018 by Healy Jones, VP of Marketing

We’ve compiled detailed job descriptions for startups’ finance and accounting teams, based on our experience managing the growth of our startups’ accounting and finance functions.

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Featured Service - FloQast

Featured Service - FloQast
Posted on Tue, 23 October 2018 by Scott Orn

FloQast is a software exclusively designed for accountants to close books faster and more accurately.

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Does my Startup need Netsuite? 5 Signs that your Startup is Ready for Netsuite

Does my Startup need Netsuite? 5 Signs that your Startup is Ready for Netsuite
Posted on Mon, 22 October 2018 by Vanessa Kruze

Netsuite is an ERP (Enterprise Resource Planning) tool.  It manages your accounting, reporting, supply chain, procurement, and much more.

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What Does a Good Startup CFO Do?

What Does a Good Startup CFO Do?
Posted on Tue, 25 September 2018 by Scott Orn

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.

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Featured Service - AVRA Talent

Featured Service - AVRA Talent
Posted on Mon, 27 August 2018 by Scott Orn

AVRA Talent, previously known as Recruit, partners with startups and growing firms to help fill non-technical talent.

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Featured Service - Opendoor

Featured Service - Opendoor
Posted on Sun, 12 August 2018 by Scott Orn

Opendoor makes it possible to sell a home online in minutes, removing all of the headaches, uncertainty, and risk from the transaction.

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Dangers of Venture Debt

Dangers of Venture Debt
Posted on Fri, 10 August 2018 by Scott Orn

Today we're talking about the dangers of venture debt. Now that sounds really scary. Venture debt's actually a great tool for prolonging your runway and making sure your startup can hit the right milestones.

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Venture Lending Common Events of Default

Venture Lending Common Events of Default
Posted on Wed, 8 August 2018 by Scott Orn

Today we're talking about events of default in venture debt. Now an event of default is when you get put in the penalty box and the lender controls your destiny. They can make you fundraise. They can make you sell the company. You do not want to be in default. So, stay out of default is rule number one.

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Metrics for Leadership

Metrics for Leadership
Posted on Tue, 7 August 2018 by Jim Gellas

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.

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Startup Financial Modeling Tips

Startup Financial Modeling Tips
Posted on Mon, 18 June 2018 by Healy Jones

Our clients have raised over $500 million in VC in the last 12 months. In our experience, a solid financial model, one that helps convey the assumptions and one that builds excitement, is key to getting VCs to engage in your fundraising

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Startup's Due Diligence Information Venture Lenders Ask For

Startup's Due Diligence Information Venture Lenders Ask For
Posted on Tue, 14 November 2017 by Scott Orn

The first thing they're going to ask for is your historical financials.

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Financial Modeling Basics for Startups

Financial Modeling Basics for Startups
Posted on Tue, 14 November 2017 by Jim Gellas

There are really five things. First of which, you do need three years worth of projections.

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What Startup Systems to Set Up First?

What Startup Systems to Set Up First?
Posted on Wed, 25 October 2017 by Vanessa Kruze

We help venture back startups with everything from accounting, finance, tax, and HR. One of the biggest questions that we get from our new founders is what systems they should set up.

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Bookings vs Revenue

Bookings vs Revenue
Posted on Wed, 25 October 2017 by Scott Orn

At Kruze Consulting, we get tons of questions about the difference between bookings and revenue.

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