More posts on "founders" Tag

Should you cap commissions?

Should you cap commissions?
Posted on Sun, 17 March 2024 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

A question we get frequently from startup founders is should they cap commissions for their sales team? The reason they ask this question is because they get the financials we prepare at Kruze, and they are startled that the VP of Sales or a top salesperson is making more money than anyone else in the company.

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What is Founder Preferred Stock?

What is Founder Preferred Stock?
Posted on Sun, 25 February 2024 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Founder preferred stock is a pretty new thing in the startup game. Historically, founders would always get common stock, usually in the form of founder shares that they received early on.

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What Are Capital Expenditures for Startups?

What Are Capital Expenditures for Startups?
Posted on Sun, 18 February 2024 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Capital expenditures, otherwise known as CAPEX, are mentioned in startup board meetings all the time. It’s definitely a fundamental term to understand when dealing with startup accounting.

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Are Term Sheets Legally Binding?

Are Term Sheets Legally Binding?
Posted on Sun, 4 February 2024 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Term sheets can be a little bit of a gray area in the venture capital/startup world since certain elements, such as the confidentiality agreement, are legally binding.

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Downround Guide: Understanding, Mitigating, and Navigating

Downround Guide: Understanding, Mitigating, and Navigating
Posted on Wed, 31 January 2024 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

Downrounds are happening and more as the startup ecosystem is grapples with the aftermath of the 2021 VC bubble and a depressed tech stock market. Here is a practical guide on how to deal with one.

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Why Revenue Visibility Matters for Startups

Why Revenue Visibility Matters for Startups
Posted on Sun, 21 January 2024 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

We always encourage revenue visibility to startup founders and it matters for a couple of big reasons, both inside and outside of the company.

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What Data Should Startups Track When You Sign a New Customer?

What Data Should Startups Track When You Sign a New Customer?
Posted on Sun, 14 January 2024 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

There are some pieces of information startups should absolutely track when signing a new customer contract.

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Series A Financing in 2023 and 2024

Series A Financing in 2023 and 2024
Posted on Mon, 8 January 2024 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

It's become more difficult for startups to raise a Series A. Here is data behind what it takes to get a round done in 2024.

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Startup Statistics

Startup Statistics
Posted on Mon, 8 January 2024 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

As the leading CPA serving venture capital backed startups, Kruze has a wealth of startup statistics from accounting, finance, valuation, spend management, runway and more. We’ll share some of the top startup statistics we’ve produced or seen.

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What’s the difference between primary and secondary shares at a startup?

What’s the difference between primary and secondary shares at a startup?
Posted on Thu, 28 December 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, identifies the key differences between a startup’s primary and secondary shares and what happens when they are sold.

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How Do Founders Make Money?

How Do Founders Make Money?
Posted on Sun, 10 December 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Making money is important; it's part of the startup journey and, especially for founders, you are taking a lot of big risks by starting a company from scratch.

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How should a startup account for its first revenue?

How should a startup account for its first revenue?
Posted on Fri, 8 December 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, discusses how a startup should account for its first revenue (and ongoing revenue) before looking for more!

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How should a startup account for its first revenue?

How should a startup account for its first revenue?
Posted on Fri, 8 December 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, discusses how a startup should account for its first revenue (and ongoing revenue) before looking for more!

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How do venture capital firms make money?

How do venture capital firms make money?
Posted on Wed, 6 December 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

A guide to the business model of a venture capital firm and how they make money. Important insight into how venture capitals firms make money.

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How Startups are using AI

How Startups are using AI
Posted on Mon, 4 December 2023 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

In the rapidly evolving landscape of technology, startups are increasingly turning to artificial intelligence to gain a competitive edge.

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A Guide to Tax Returns for Seed-Stage Startups

A Guide to Tax Returns for Seed-Stage Startups
Posted on Thu, 23 November 2023 by 1683f59d-e8a8-4ffe-b7b9-16f2aad2ab0b

The ultimate tax season guide for startups, by the leading tax CPA to startups. Kruze has filed thousands of tax returns; we answer the top tax questions.

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What should you do if your startup’s valuation is too high?

What should you do if your startup’s valuation is too high?
Posted on Sun, 19 November 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

After the booming startup market of the last few years, the valuation of many startups has gotten too high.

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VC Funds: Ratio of Distributions to Paid-in Capital

VC Funds: Ratio of Distributions to Paid-in Capital
Posted on Sun, 12 November 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

The ratio of distributions to paid-in capital (DPI) is used to measure the total capital that a venture capital fund has returned to its investors. It’s calculated by dividing the cumulative distributions by the amount of capital invested in a VC fund.

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Can Founders Pay Themselves Through an LLC?

Can Founders Pay Themselves Through an LLC?
Posted on Sun, 5 November 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

While startup founders can pay themselves through an LLC, the Internal Revenue Service (IRS) doesn’t particularly like it. If you’re a founder considering this option, you should know that you may get extra attention from the IRS.

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Should Startup Founders Share Bank Statements Via Email?

Should Startup Founders Share Bank Statements Via Email?
Posted on Sun, 29 October 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

With this question, there are different factors at play. There’s what we recommend and there is also what happens in reality when founders are busy and end up resorting to the quickest method.

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What Are Insured Cash Sweeps for FDIC Insured Deposits?

What Are Insured Cash Sweeps for FDIC Insured Deposits?
Posted on Thu, 26 October 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Insured Cash Sweep (ICS) accounts have been around for a while, but the recent Silicon Valley Bank (SVB) crisis has made a lot of founders look more closely at this banking option for their startups.

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The 'Masters Exemption': A Guide for Startup Founders on Renting Your Own Home to Your Business Tax-Free

The 'Masters Exemption': A Guide for Startup Founders on Renting Your Own Home to Your Business Tax-Free
Posted on Wed, 25 October 2023 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

The 'Masters Exemption' (also known as the Augusta Exemption or Augusta Rule) allows startup founders to rent their homes to their startups - for legitimate businesses purposes only - for short periods and reap tax benefits.

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Should Startup Founders Take Vacation?

Should Startup Founders Take Vacation?
Posted on Sun, 22 October 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

The unequivocal answer to this question is yes! Startup founders should absolutely take vacations no matter how much pressure they may feel, and there are multiple reasons for this.

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Bookings vs Revenue vs ARR

Bookings vs Revenue vs ARR
Posted on Thu, 12 October 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

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

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How a Downround is Actually a Compliment

How a Downround is Actually a Compliment
Posted on Sun, 8 October 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Obviously, no one wants to do a downround. It means you raised money at a valuation that was too high, and you didn't execute your promises as well as you said you would.

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How Should Startups Structure Their Finance Department?

How Should Startups Structure Their Finance Department?
Posted on Sun, 1 October 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Startups change a lot over time and it is important that their finance function adapts with those changes.

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Should a Venture Capitalist or Board Member Conduct an Exit Interview with a VP of Finance or CFO That Is Leaving a Startup?

Should a Venture Capitalist or Board Member Conduct an Exit Interview with a VP of Finance or CFO That Is Leaving a Startup?
Posted on Sun, 24 September 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

If a VP of Finance or CFO is leaving a startup, should a venture capitalist or board member conduct an exit interview?

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Why Venture Capital Funds are Now Including Treasury Clauses in Term Sheets

Why Venture Capital Funds are Now Including Treasury Clauses in Term Sheets
Posted on Sun, 17 September 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

As part of post-crisis cash management, venture capitalists are now putting treasury clauses into the term sheets they give their startups.

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Do bootstrapped startups actually pay taxes?

Do bootstrapped startups actually pay taxes?
Posted on Tue, 12 September 2023 by 1683f59d-e8a8-4ffe-b7b9-16f2aad2ab0b

Vannessa Kruze, CPA, answers the question 'Do bootstrapped startups actually pay taxes?' and discusses different types of taxes you may need to consider.

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Why High Quality Communication with Venture Capital Investors Is So Important

Why High Quality Communication with Venture Capital Investors Is So Important
Posted on Sun, 10 September 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Clear, insightful, and constructive communication between startups and their venture capital investors is really important.

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Why Startups Must Track Their Customer’s Addresses

Why Startups Must Track Their Customer’s Addresses
Posted on Sun, 3 September 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

It’s really important that startups track their customer's addresses from the beginning. By not tracking customer addresses from the get-go, you can cause some real hassle down the line for your startup accounting team or your CPA

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Startup Financial Planning

Startup Financial Planning
Posted on Fri, 1 September 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, provides a 9 step guide to creating a financial plan for your startup, given the current financial climate.

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How Does the US Government Issuing $1 Trillion in Debt Affect Startups?

How Does the US Government Issuing $1 Trillion in Debt Affect Startups?
Posted on Sun, 27 August 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

What does the US Federal Government issuing $1 trillion of debt mean for the startup financing environment?

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Pitch during a downturn - 10 tips that work

Pitch during a downturn - 10 tips that work
Posted on Sun, 20 August 2023 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

As a former VC, I focus on helping Kruze clients pitch venture capitalists - and pitching during a downturn (really, a tech/VC recession) requires special finesse.

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How Startup Founders Should Discuss Their Compensation with VCs

How Startup Founders Should Discuss Their Compensation with VCs
Posted on Sun, 13 August 2023 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

Here at Kruze Consulting, we are advisors to hundreds of VC-backed startups that have raised billions in venture funding.

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FDIC insurance for startup funds

FDIC insurance for startup funds
Posted on Thu, 3 August 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

In the wake of the SVB crisis, startup founders with millions of dollars in VC funding are looking for FDIC coverage over $250,000. Here is how to try to get it.

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FDIC insurance for startup funds

FDIC insurance for startup funds
Posted on Thu, 3 August 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

In the wake of the SVB crisis, startup founders with millions of dollars in VC funding are looking for FDIC coverage over $250,000. Here is how to try to get it.

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Startup 409A Valuation Report

Startup 409A Valuation Report
Posted on Sun, 30 July 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Hey, it's Scott Orn at Kruze Consulting, and today we're talking about 409A valuation reports and why startups need them.

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Know your zero cash date

Know your zero cash date
Posted on Thu, 27 July 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Scott Orn, Kruze Consulting's COO, shares everything you need to know about your startups' zero cash date and how to calculate it with your burn rate.

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Know your zero cash date

Know your zero cash date
Posted on Thu, 27 July 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Scott Orn, Kruze Consulting's COO, shares everything you need to know about your startups' zero cash date and how to calculate it with your burn rate.

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Why is Pro Rata So Important to Seed Stage Venture Capital Investors?

Why is Pro Rata So Important to Seed Stage Venture Capital Investors?
Posted on Sun, 23 July 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Pro rata rights and how they can affect seed funds are important for both seed-stage investors and founders.

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How VCs get their capital: Family offices

How VCs get their capital: Family offices
Posted on Sun, 9 July 2023 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

If you are a founder talking to a VC investing their first fund, or a VC with a fund that is $50 million in size or smaller, it’s highly likely that the VC is getting the majority of their fund’s commitments from family offices.

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How Do Venture Capitalists Make Decisions?

How Do Venture Capitalists Make Decisions?
Posted on Wed, 5 July 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Everything you need to about how venture capitalists make decisions and who has the most decision making authority, by Kruze Consulting's COO Scott Orn.

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How Do Venture Capitalists Make Decisions?

How Do Venture Capitalists Make Decisions?
Posted on Wed, 5 July 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Everything you need to about how venture capitalists make decisions and who has the most decision making authority, by Kruze Consulting's COO Scott Orn.

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What to look for in a startup 401k provider

What to look for in a startup 401k provider
Posted on Sun, 2 July 2023 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

So you are a startup founder who has grown to the point where you want to set up a 401k for your employees. That is awesome! It means that you are moving ahead in the startup journey and are attracting the type of employees who are thoughtful enough to plan for their retirement.

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What do Fractional Startup CFOs Cost?

What do Fractional Startup CFOs Cost?
Posted on Tue, 20 June 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze's COO, Scott Orn's, guide to the cost of fractional startup CFOs and how their billing structure works to ensure you receive the service you pay for.

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How to Handle a Co-Founder Departure

How to Handle a Co-Founder Departure
Posted on Thu, 1 June 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, gives advice on how to handle a co-founder leaving the company and finding the positives alongside the negatives.

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How to Handle a Co-Founder Departure

How to Handle a Co-Founder Departure
Posted on Thu, 1 June 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, gives advice on how to handle a co-founder leaving the company and finding the positives alongside the negatives.

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Is your startup default alive or default dead?

Is your startup default alive or default dead?
Posted on Sun, 21 May 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Paul Graham, the entrepreneur that founded the startup incubator Y Combinator, asks a very famous question when he meets a founder: “Is your startup default alive or default dead?” Let’s look at what that means. 

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How Quickly Should Founders Respond to VCs?

How Quickly Should Founders Respond to VCs?
Posted on Sun, 7 May 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

We like to think of the venture capitalist as the most important customer of a startup, certainly in your startup’s early phase.

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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 Fri, 28 April 2023 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

Kruze Consulting's VP of FP&A, Healy Jones, explains the differences between the Brex corporate card and American Express and which one is best for startups.

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What is a Cap Table?

What is a Cap Table?
Posted on Wed, 19 April 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

What is a Cap Table and Why Does Your Startup CPA Need Access? We often get this question from founders who don’t yet have a cap table or are reluctant to give us access to it.

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What is the Biggest Barrier to Startups Earning a Return on Their Cash?

What is the Biggest Barrier to Startups Earning a Return on Their Cash?
Posted on Sun, 2 April 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

The Federal Reserve has been raising interest rates, and there’s no end in sight right now. And rising interest rates have the potential to affect startups in a big way.

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Can You Lose Money if You Sell Treasuries Early?

Can You Lose Money if You Sell Treasuries Early?
Posted on Sun, 19 March 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

A lot of startups are finding that, with interest rates going up, they have the opportunity to work with a cash management specialist who can then get them into very safe Treasury and corporate bonds, even packages or bundles of bonds. 

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What are Demand Deposit Marketplace Sweeps?

What are Demand Deposit Marketplace Sweeps?
Posted on Wed, 15 March 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

In the wake of the SVB crisis, founders who work with us are asking about ways to protect the full amount of their venture funding, since the FDIC insurance limit is $250,000 per depositor.

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SVB’s Startup Venture Debt Practice Post Crisis

SVB’s Startup Venture Debt Practice Post Crisis
Posted on Wed, 15 March 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Silicon Valley Bank (SVB) had a liquidity/solvency crisis in the middle of March 2023, and was taken over by the Federal Deposit Insurance Corporation (FDIC).

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The Best Indicator of How Capital-Efficient Your SaaS Startup Should Be

The Best Indicator of How Capital-Efficient Your SaaS Startup Should Be
Posted on Sun, 26 February 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Venture capital is getting more difficult to obtain in today’s market. So how do SaaS founders know when they should tighten their belts and be more efficient with capital?

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What’s the best way for a remote company to handle mail?

What’s the best way for a remote company to handle mail?
Posted on Sun, 19 February 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Remote companies are becoming more common. Forbes notes a study from Ladder that says by 25% of professional jobs were remote by the end of 2022, and that’s projected to increase.

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How Your Startup Can Afford One More Engineer

How Your Startup Can Afford One More Engineer
Posted on Sun, 12 February 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

If you’re a startup, money is often tight – you want to get the most you can out of your venture capital.

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Airbase Review by a CPA Firm

Airbase Review by a CPA Firm
Posted on Wed, 8 February 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Airbase is a leader for expense management tools in the startup world, and provide pre-funded cards for fast growing startups.

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Which Reports do Directors want in a Board Presentation?

Which Reports do Directors want in a Board Presentation?
Posted on Sun, 5 February 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Making reports to your startup’s board of directors is a fundamental part of a CEO/founder’s duties Communicating regularly with the board helps you maintain transparency, and lets you take advantage of the board’s contacts and experience.

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Startups and Rent

Startups and Rent
Posted on Sat, 4 February 2023 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

Startups in 2023 are NOT spending the same amount of rent as they would have prior to COVID. In fact, the way startups are having - or not having - offices has dramatically changed in recent years.

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Does my startup need an address?

Does my startup need an address?
Posted on Sun, 29 January 2023 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

The short answer is yes. There are multiple reasons why it is important that your startup has an address.

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Startup Offsites Best Practices

Startup Offsites Best Practices
Posted on Sun, 8 January 2023 by 1683f59d-e8a8-4ffe-b7b9-16f2aad2ab0b

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 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

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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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 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

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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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 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

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 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

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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Brex vs Ramp - Which card is best for startups?

Brex vs Ramp -  Which card is best for startups?
Posted on Thu, 24 November 2022 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

Our CPA team compares Brex and Ramp. Which offers the best card for startups? We look at points, expense management features and more.

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Who Appoints a Startup’s CFO?

Who Appoints a Startup’s CFO?
Posted on Sun, 20 November 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

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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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 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

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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Don’t store cash in payments accounts

Don’t store cash in payments accounts
Posted on Sun, 23 October 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

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 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

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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Small Startup Exits

Small Startup Exits
Posted on Sun, 2 October 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

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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What is GMV?

What is GMV?
Posted on Sun, 25 September 2022 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

Kruze Consulting's VP of FP&A, Healy Jones, explains everything you need to know about Gross Merchandise Value, how to calculate GMV and what it represents.

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When should a startup make its first ops hire?

When should a startup make its first ops hire?
Posted on Sun, 18 September 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, answers the question 'When should a startup make its first ops hire?' and why it is important to do so.

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Building Success

Building Success
Posted on Thu, 15 September 2022 by 1683f59d-e8a8-4ffe-b7b9-16f2aad2ab0b

Kruze Consulting named one of the best accounting firms to work for in 2022.

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Why are Entrepreneurs Choosing Search Funds?

Why are Entrepreneurs Choosing Search Funds?
Posted on Mon, 5 September 2022 by fdf0eef6-a186-44a6-851e-0a53c5a2ab94

Kruze Consulting's Onboarding Manager, Ian Williams, breakdowns the reasons why entrepreneurs are choosing search funds and what they are.

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Structured Term Sheets in Late-Stage Venture Capital

Structured Term Sheets in Late-Stage Venture Capital
Posted on Mon, 15 August 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, present an everything you need to know guide to structured term sheets in late-stage venture capital.

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What is the Minimum Angel Check to Get Pro-Rata Rights

What is the Minimum Angel Check to Get Pro-Rata Rights
Posted on Sun, 7 August 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Sometimes, founders will just give everyone who participates in the early rounds pro-rata rights.

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This is how you should choose VCs in a tough market

This is how you should choose VCs in a tough market
Posted on Sun, 31 July 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Over the last year, it’s been a ferocious capital market for startups, with great valuations and good access to capital.

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What is a POA notification?

What is a POA notification?
Posted on Sun, 24 July 2022 by 1683f59d-e8a8-4ffe-b7b9-16f2aad2ab0b

POA (power of attorney) notifications are sent out from taxing authorities, like states or the federal government, when they receive POA authorizations.

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How to Raise Venture Capital from Existing Investors Right Now

How to Raise Venture Capital from Existing Investors Right Now
Posted on Sun, 17 July 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

It’s been a tough stock market and venture market recently for startup tech companies. Since the market has corrected, capital is becoming precious again.

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How to Rebalance Ownership Between Founders

How to Rebalance Ownership Between Founders
Posted on Sun, 10 July 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Before we get into the how, let’s start with why you may want to rebalance ownership between founders.

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How to Rebalance Ownership Between Founders

How to Rebalance Ownership Between Founders
Posted on Sun, 10 July 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Before we get into the how, let’s start with why you may want to rebalance ownership between founders.

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What is a Co-Employer Relationship?

What is a Co-Employer Relationship?
Posted on Mon, 4 July 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

The co-employer relationship occurs when a company uses a professional employer organization or PEO.

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Fraudulent & Misleading California Statement of Information Solicitations

Fraudulent & Misleading California Statement of Information Solicitations
Posted on Sun, 26 June 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

The latest scam targeting startups is fraudulent (or misleading) California Statement of Information requests. 

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Fraudulent & Misleading California Statement of Information Solicitations

Fraudulent & Misleading California Statement of Information Solicitations
Posted on Sun, 26 June 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

The latest scam targeting startups is fraudulent (or misleading) California Statement of Information requests. 

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Why does a startup pay more in Social Security Tax early in the year?

Why does a startup pay more in Social Security Tax early in the year?
Posted on Sun, 19 June 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

There’s a good reason startups pay more in social security taxes, including payroll taxes, earlier in the year than they do later in the year. 

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What is the 2% and 20% VC fee structure?

What is the 2% and 20% VC fee structure?
Posted on Sun, 12 June 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Everything you need to know about the 2% and 20% venture capital standard fee structure. Here is a basic breakdown and alternative structures.

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Why do VC General Partners invest in other Venture Capital Funds

Why do VC General Partners invest in other Venture Capital Funds
Posted on Tue, 7 June 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Before we jump into why venture capital general partners would invest in other VC funds, let’s break down some basic terminology. 

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Venture debt: Don’t borrow your own money

Venture debt: Don’t borrow your own money
Posted on Sun, 5 June 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, talks about the risks of Venture Debt and how to make sure you don't end up borrowing your own money!

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The value of having a branded VC lead your startup’s round

The value of having a branded VC lead your startup’s round
Posted on Tue, 31 May 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, discusses the value of having a branded Venture Capital firm lead your startup’s round and its several benefits.

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How do a startup’s taxes change if it changes the state of incorporation?

How do a startup’s taxes change if it changes the state of incorporation?
Posted on Mon, 30 May 2022 by 1683f59d-e8a8-4ffe-b7b9-16f2aad2ab0b

Scott Orn explains how a startup’s taxes change if it changes the state of incorporation and why VC firms want their startups to be incorporated in Delaware.

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How do a startup’s taxes change if it changes the state of incorporation?

How do a startup’s taxes change if it changes the state of incorporation?
Posted on Mon, 30 May 2022 by 1683f59d-e8a8-4ffe-b7b9-16f2aad2ab0b

Scott Orn explains how a startup’s taxes change if it changes the state of incorporation and why VC firms want their startups to be incorporated in Delaware.

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How to Protect Intellectual Property With a Global Team

How to Protect Intellectual Property With a Global Team
Posted on Tue, 24 May 2022 by 3661e623-f0d6-4ce3-aa86-f20f7762cd50

Everything you need to know about protecting your startup's intellectual property with a Global Team, by leading CPA firm Kruze Consulting.

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How often should an early-stage startup have board meetings?

How often should an early-stage startup have board meetings?
Posted on Sun, 22 May 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

This is an important question when it comes to Series A and Series B startups. 

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Do startup boards have flexibility in setting the strike price for options?

Do startup boards have flexibility in setting the strike price for options?
Posted on Tue, 17 May 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

It’s a common question: Does the startup board have any flexibility when it comes to setting the strike price for options?

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When Should Startup Founders Pay Themselves?

When Should Startup Founders Pay Themselves?
Posted on Sun, 15 May 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, explains at what point startup founders should start paying themselves and why founders are often underpaid.

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When Should Startup Founders Pay Themselves?

When Should Startup Founders Pay Themselves?
Posted on Sun, 15 May 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, explains at what point startup founders should start paying themselves and why founders are often underpaid.

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What Does the VP of Ops or COO At a Startup Do?

What Does the VP of Ops or COO At a Startup Do?
Posted on Thu, 5 May 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Scott Orn answers the question 'what does the VP of Ops or COO at a startup do' with a breakdown of their roles and their responsibilities.

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What Does the VP of Ops or COO At a Startup Do?

What Does the VP of Ops or COO At a Startup Do?
Posted on Thu, 5 May 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Scott Orn answers the question 'what does the VP of Ops or COO at a startup do' with a breakdown of their roles and their responsibilities.

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Refund Accounting for Startup

Refund Accounting for Startup
Posted on Tue, 26 April 2022 by b8e9a313-a30e-4a16-8a3a-10c78098ad1a

Refunding customers is a necessary part of doing business for almost every early-stage company, especially for ecommerce or direct-to-consumer startups.

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What is the Right of First Refusal When it Comes to Startup Equity?

What is the Right of First Refusal When it Comes to Startup Equity?
Posted on Thu, 21 April 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Everything you need to know about the Right of First Refusal when it comes to startup equity. Learn about RoFR in stock purchase agreements in VC fundraising.

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What is the Bessemer Cloud Index?

What is the Bessemer Cloud Index?
Posted on Sun, 17 April 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

The Bessemer Cloud Index was created in 2013 by Bessemer Venture Partners, this is a guide to what the Bessemer Cloud Index tracks and how it works.

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How the correction in public SaaS stock trading multiples affect startup valuations

How the correction in public SaaS stock trading multiples affect startup valuations
Posted on Tue, 12 April 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

The stock market has really punished publicly traded SaaS tech stock, more so than other tech stocks. SaaS companies have been especially hammered recently. 

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What does your startup need to know about acqui-hires?

What does your startup need to know about acqui-hires?
Posted on Sun, 10 April 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

There are many reasons for a company to buy a startup, early-stage, or really any company.

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When should your startup make its first operations hire?

When should your startup make its first operations hire?
Posted on Fri, 1 April 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, answers the question 'When should your startup make its first operations hire?' and everything else you need to know.

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When should your startup make its first operations hire?

When should your startup make its first operations hire?
Posted on Fri, 1 April 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, answers the question 'When should your startup make its first operations hire?' and everything else you need to know.

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How do you reconcile your startup’s cap table?

How do you reconcile your startup’s cap table?
Posted on Sun, 27 March 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

This is an important task for startups, because they're raising a lot of money, sometimes millions or even tens of millions of dollars.

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Accounting for PPP loans

Accounting for PPP loans
Posted on Sun, 20 March 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

The Paycheck Protection Program was created to provide startups and other small businesses with funds to support their operations during the COVID-19 pandemic.

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What is an exploding term sheet?

What is an exploding term sheet?
Posted on Sun, 13 March 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Exploding term sheets are a term used by startup founders for venture capital term sheets that have an expiration date.

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How should my startup pay engineering contractors?

How should my startup pay engineering contractors?
Posted on Mon, 7 March 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, answers the question 'how should my startup pay engineering contractors?' and how depends on where you are located.

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How should you handle petty cash at your startup?

How should you handle petty cash at your startup?
Posted on Mon, 28 February 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Petty cash is a term for a small amount of cash kept on hand at your startup to handle small expenses, like tipping a delivery driver or buying lunch.

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What is the IPO window?

What is the IPO window?
Posted on Wed, 23 February 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, provides a guide to the IPO window, how market conditions affect the IPO and if your startup is ready for one.

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Distributing advisor shares for your startup

Distributing advisor shares for your startup
Posted on Sun, 13 February 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, discusses everything you need to know about distributing advisor shares and the different types of advisors at startup.

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Distributing advisor shares for your startup

Distributing advisor shares for your startup
Posted on Sun, 13 February 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, discusses everything you need to know about distributing advisor shares and the different types of advisors at startup.

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How many co-founders should a startup have?

How many co-founders should a startup have?
Posted on Tue, 8 February 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's, COO, Scott Orn answers the question 'how many co-founders should I have in my startup?' and the trade offs you might have to make.

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How many co-founders should a startup have?

How many co-founders should a startup have?
Posted on Tue, 8 February 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's, COO, Scott Orn answers the question 'how many co-founders should I have in my startup?' and the trade offs you might have to make.

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Startup Fintech’s Biggest Battle Ground

Startup Fintech’s Biggest Battle Ground
Posted on Sun, 6 February 2022 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

Expense Management tools are the frontier of startup credit card competition.

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What does the correction in the NASDAQ mean for startup valuations?

What does the correction in the NASDAQ mean for startup valuations?
Posted on Tue, 1 February 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

If you have not been paying attention to your stock portfolio, the NASDAQ's gone down a lot. We're recording this in late January 2022.

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Top tip to close a seed round

Top tip to close a seed round
Posted on Sun, 30 January 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, gives his number one top tip on how to close a seed round for founders looking for funding at startup.

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Startup trend: Replacing expense reports with credit cards

Startup trend: Replacing expense reports with credit cards
Posted on Mon, 17 January 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

A growing number of startups are using corporate credit cards to better manage their business expenses.

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What’s the best time of year to switch to a PEO?

What’s the best time of year to switch to a PEO?
Posted on Tue, 11 January 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, answers the question 'What is the best time of year to switch to a Professional Employer Organization ?'.

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What is an employer of record?

What is an employer of record?
Posted on Tue, 4 January 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, explains the term “employer of record” and why it is so important in the startup world during the covid pandemic.

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Paying PTO if your startup is shutting down

Paying PTO if your startup is shutting down
Posted on Sun, 2 January 2022 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

A crucial task when shutting down a startup company is notifying and paying employees for their paid time off (PTO).

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Using bond ladders for startup cash management

Using bond ladders for startup cash management
Posted on Sun, 26 December 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, discusses everything you need to know about using bond ladders for good cash management at your startup.

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How do you manage accounting complexities when you have a distributed workforce?

How do you manage accounting complexities when you have a distributed workforce?
Posted on Sun, 19 December 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, breaks down how you can manage the accounting complexities when your startup has a distributed workforce.

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Closing the Deal: The Final VC Meeting

Closing the Deal: The Final VC Meeting
Posted on Mon, 13 December 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, presents his guide to closing the deal in your startups final venture capital meeting, as it can be very intimidating.

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Closing the Deal: The Final VC Meeting

Closing the Deal: The Final VC Meeting
Posted on Mon, 13 December 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, presents his guide to closing the deal in your startups final venture capital meeting, as it can be very intimidating.

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Airbase and SVB offer a new integrated expense management solution

Airbase and SVB offer a new integrated expense management solution
Posted on Tue, 7 December 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Scott Orn talks about the integrated credit card and expense management solution that is now available for startups from Airbase and Silicon Valley Bank (SVB).

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Why don’t startups use SBA loans?

Why don’t startups use SBA loans?
Posted on Mon, 22 November 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, answers the question 'Why don’t startups use SBA loans?' and suggests other sources of debt capital.

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For a seed round, are many investors or a small group better?

For a seed round, are many investors or a small group better?
Posted on Sun, 21 November 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, answers the question 'For a seed round, are many investors or a small group better?' when considering startup funding.

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Steps to shut down a startup

Steps to shut down a startup
Posted on Tue, 16 November 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, gives a helpful guide to shutting down a startup appropriately before moving on to bigger successes.

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Steps to shut down a startup

Steps to shut down a startup
Posted on Tue, 16 November 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, gives a helpful guide to shutting down a startup appropriately before moving on to bigger successes.

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How to make a good operating plan for your pitch deck

How to make a good operating plan for your pitch deck
Posted on Wed, 10 November 2021 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

Kruze Consulting's VP of FP&A, Healy Jones, presents everything you need to know about making a good operating plan for your pitch deck.

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How to make a good operating plan for your pitch deck

How to make a good operating plan for your pitch deck
Posted on Wed, 10 November 2021 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

Kruze Consulting's VP of FP&A, Healy Jones, presents everything you need to know about making a good operating plan for your pitch deck.

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Accounting for startup financing from Pipe

Accounting for startup financing from Pipe
Posted on Sun, 7 November 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, discusses everything you need to know about accounting for startup financing from Pipe.com, a new lending marketplace.

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Can you backdate payroll?

Can you backdate payroll?
Posted on Sun, 24 October 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, explains why you should not backdate payroll and the compliance problems with the IRS doing so will create.

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How do early stage VCs find the startups to invest in?

How do early stage VCs find the startups to invest in?
Posted on Sun, 17 October 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, discusses the process of how early stage Venture Capital firms go about finding the best startups to invest in.

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As a startup CEO, when can I give myself a raise?

As a startup CEO, when can I give myself a raise?
Posted on Thu, 14 October 2021 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

Kruze Consulting's VP of FP&A, Healy Jones, answers the question 'as a startup CEO, when can I give myself a raise?' and how to know what to pay yourself.

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As a startup CEO, when can I give myself a raise?

As a startup CEO, when can I give myself a raise?
Posted on Thu, 14 October 2021 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

Kruze Consulting's VP of FP&A, Healy Jones, answers the question 'as a startup CEO, when can I give myself a raise?' and how to know what to pay yourself.

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Who is the highest paid person at a startup?

Who is the highest paid person at a startup?
Posted on Sun, 10 October 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, answers the question 'who is the highest paid person at a startup?' and talks about the ways startup employees are payed.

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Should your startup switch to unlimited PTO?

Should your startup switch to unlimited PTO?
Posted on Tue, 5 October 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting answers the frequently asked question about Paid Time Off (PTO) and whether or not your startup should switch to unlimited PTO.

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The IRS Opens Up Electronic Submission for Power of Attorney

The IRS Opens Up Electronic Submission for Power of Attorney
Posted on Sun, 26 September 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, discusses getting clients power of attorney and the IRS new allowance of firms submitting Power of Attorney requests online!

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8 Ways Employees Steal Money From Startups

8 Ways Employees Steal Money From Startups
Posted on Sun, 12 September 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, explains the eight ways in which employees steal money from startups and how to prevent employee theft.

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8 Ways Employees Steal Money From Startups

8 Ways Employees Steal Money From Startups
Posted on Sun, 12 September 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, explains the eight ways in which employees steal money from startups and how to prevent employee theft.

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How To Move Your Startup’s Fiscal Year-End From December 31st to January 31st

How To Move Your Startup’s Fiscal Year-End From December 31st to January 31st
Posted on Sun, 5 September 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Startup founders, do you want to know how to move your startups’ fiscal year-end from December 31st  to January 31st? Well, you’ve come to the right place.

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Trump Organization Tax Fraud Case - Lessons for Startups

Trump Organization Tax Fraud Case - Lessons for Startups
Posted on Mon, 30 August 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, discusses the Trump Organization Tax Fraud Case and goes into the lessons that Startups can learn from it.

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How Startups Should Maximize Amazon AWS Free Credits

How Startups Should Maximize Amazon AWS Free Credits
Posted on Mon, 16 August 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consultings' COO, Scott Orn, discusses the importance of Amazon AWS free credits and why startups should maximise them as currency.

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Should You Offer Cryptocurrency Payroll?

Should You Offer Cryptocurrency Payroll?
Posted on Tue, 3 August 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

There are a lot of cryptocurrency fans out there. Some startups have their entire business based on it or have just invested in it and are true believers.

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Quick Guide to Matching Assets to Debt

Quick Guide to Matching Assets to Debt
Posted on Tue, 27 July 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, gives a quick guide to matching your startup's assets to the right kind of debt including revolvers and term debt.

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5 Ways to Collect Cash Upfront from Customers

5 Ways to Collect Cash Upfront from Customers
Posted on Sun, 11 July 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, explains 5 ways you can collect cash upfront from customers, a crucial factor in the success of a startup.

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5 Ways to Collect Cash Upfront from Customers

5 Ways to Collect Cash Upfront from Customers
Posted on Sun, 11 July 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, explains 5 ways you can collect cash upfront from customers, a crucial factor in the success of a startup.

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Vaccine Tax Credit for Startups

Vaccine Tax Credit for Startups
Posted on Mon, 28 June 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

The Vaccine Tax Credit was a tax credit created under the Families First Coronavirus Response Act (FFCRA), and was announced earlier this year by the President.

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What happens to my personal taxes if my employer switches to a PEO mid-year?

What happens to my personal taxes if my employer switches to a PEO mid-year?
Posted on Mon, 21 June 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, answers the question of 'What happens to my personal taxes if my employer switches to a PEO mid-year?'.

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What happens to my personal taxes if my employer switches to a PEO mid-year?

What happens to my personal taxes if my employer switches to a PEO mid-year?
Posted on Mon, 21 June 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, answers the question of 'What happens to my personal taxes if my employer switches to a PEO mid-year?'.

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What Happens If Your Startup Doesn’t Make Its Medical Payments?

What Happens If Your Startup Doesn’t Make Its Medical Payments?
Posted on Tue, 15 June 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, answers the question 'what happens if your startup doesn’t make its medical payments?' and why it is a big deal for startups.

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Financing a Startup

Financing a Startup
Posted on Sun, 6 June 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Financing a Startup - 8 most common sources of startup financing.

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Why Do Big Acquirers like to buy Small Startups via an Asset Sale vs. an Equity Purchase?

Why Do Big Acquirers like to buy Small Startups via an Asset Sale vs. an Equity Purchase?
Posted on Sun, 9 May 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Why do big companies like to buy smaller startups in an asset sale versus an equity purchase? The answer is pretty simple.

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How to Legitimize a Handshake Equity Agreement Between Founders

How to Legitimize a Handshake Equity Agreement Between Founders
Posted on Mon, 3 May 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, gives a guide for startup founders on how to make a handshake equity agreement legitimate, regarding equity grants.

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How to Legitimize a Handshake Equity Agreement Between Founders

How to Legitimize a Handshake Equity Agreement Between Founders
Posted on Mon, 3 May 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, gives a guide for startup founders on how to make a handshake equity agreement legitimate, regarding equity grants.

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What is an Orphaned VC Deal?

What is an Orphaned VC Deal?
Posted on Tue, 27 April 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, answers the question 'what is an orphaned Venture Capital deal?' and explains how it might affect your startup

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What is an Orphaned VC Deal?

What is an Orphaned VC Deal?
Posted on Tue, 27 April 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, answers the question 'what is an orphaned Venture Capital deal?' and explains how it might affect your startup

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Which States Are Taxing PPP Loan Forgiveness?

Which States Are Taxing PPP Loan Forgiveness?
Posted on Mon, 19 April 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, discusses the Paycheck Protection Program for startups and which states are taxing PPP loan forgiveness.

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What Does an Outside General Counsel Do?

What Does an Outside General Counsel Do?
Posted on Mon, 12 April 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze consulting's COO, Scott Orn, answers the frequently asked question 'what does an outside General Counsel do?' & the benefits to having one on your side.

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What Does an Outside General Counsel Do?

What Does an Outside General Counsel Do?
Posted on Mon, 12 April 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze consulting's COO, Scott Orn, answers the frequently asked question 'what does an outside General Counsel do?' & the benefits to having one on your side.

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3 Tips for Startup Venture Capital Funding

3 Tips for Startup Venture Capital Funding
Posted on Tue, 30 March 2021 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

Startup founders, are you looking to raise venture capital? Here are 3 tips for startup venture capital funding.

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Startup PPP Loan Statistics

Startup PPP Loan Statistics
Posted on Sat, 20 March 2021 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

We recently compared revenue trends amongst 400 early-stage startups that took a Payment Protection Program (PPP) loan last year to startups that did not.

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How does a secondary transaction get reported on ASC 718 Stock Option Expense?

How does a secondary transaction get reported on ASC 718 Stock Option Expense?
Posted on Wed, 10 March 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

The quick answer is that a secondary transaction should not impact your ASC 718 reporting. However, going forward, It potentially can impact your 409a.

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What is a Secondary Stock Transaction?

What is a Secondary Stock Transaction?
Posted on Wed, 3 March 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting COO, Scott Orn, explains everything you need to know about secondary stock transactions and why VC firms are buying founder shares.

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Can my startup change its accounting method to be eligible for PPP2 loans?

Can my startup change its accounting method to be eligible for PPP2 loans?
Posted on Tue, 2 March 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, explains if and how your startup can be eligible for the second round of the Payment Protection Program, or PPP2 loan.

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[Startup Finance Basics] Scott Orn on the This Week In Startups Podcast

[Startup Finance Basics] Scott Orn on  the This Week In Startups Podcast
Posted on Sun, 21 February 2021 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

Kruze Consulting’s COO, Scott Orn, was invited to be a guest on Jason Calacanis’ This Week In Startups Podcast where he discusses startup finance basics.

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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, 17 February 2021 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

Our CPA team compares Brex and Stripe's card. Which offers the best card for startups? We look at points, expense management features and more.

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Can my startup retroactively apply for PPP 1?

Can my startup retroactively apply for PPP 1?
Posted on Thu, 11 February 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, answers the question 'Can my startup retroactively apply for PPP 1?' and looks at startups that will and won't be eligible.

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Can my startup retroactively apply for PPP 1?

Can my startup retroactively apply for PPP 1?
Posted on Thu, 11 February 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, answers the question 'Can my startup retroactively apply for PPP 1?' and looks at startups that will and won't be eligible.

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How Do Venture Capitalists Spend Their Time?

How Do Venture Capitalists Spend Their Time?
Posted on Mon, 8 February 2021 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, answers the question 'how do venture capitalists spend their time?' giving an insight into venture capitalist's day-to-day.

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Technical debt for accountants

Technical debt for accountants
Posted on Mon, 26 October 2020 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

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.

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Webinar: Life Science Startups Can Lower Operating Costs During COVID-19

Webinar: Life Science Startups Can Lower Operating Costs During COVID-19
Posted on Mon, 19 October 2020 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

TriNet have invited Kruze Consulting COO, Scott Orn, to discuss activities that life sciences companies need to consider while moving into 2021.

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Webinar: Life Science Startups Can Lower Operating Costs During COVID-19

Webinar: Life Science Startups Can Lower Operating Costs During COVID-19
Posted on Mon, 19 October 2020 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

TriNet have invited Kruze Consulting COO, Scott Orn, to discuss activities that life sciences companies need to consider while moving into 2021.

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Startup office leases and the COVID crisis

Startup office leases and the COVID crisis
Posted on Thu, 17 September 2020 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, presents a guide to adjusting your startups office lease when your startup is in a crisis situation, such as COVID-19.

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Best Shopify Apps

Best Shopify Apps
Posted on Tue, 18 August 2020 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, lists the best apps for your Shopify software stack and explains, whilst Shopify is the best, the benefits of each one.

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Top three negatives that employees feel about their bosses

Top three negatives that employees feel about their bosses
Posted on Thu, 30 July 2020 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, discusses the top three negatives that employees can feel about their bosses and how Kruze has adapted.

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Top three negatives that employees feel about their bosses

Top three negatives that employees feel about their bosses
Posted on Thu, 30 July 2020 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, discusses the top three negatives that employees can feel about their bosses and how Kruze has adapted.

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Podcast with Kruze Client and Sean Ellis

Podcast with Kruze Client and Sean Ellis
Posted on Mon, 20 April 2020 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

Recently, Kruze COO, Scott Orn, participated in Sean Ellis’ new podcast accompanied by one of our clients - the CEO of SonderMind, Mark Frank.

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Podcast with Kruze Client and Sean Ellis

Podcast with Kruze Client and Sean Ellis
Posted on Mon, 20 April 2020 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

Recently, Kruze COO, Scott Orn, participated in Sean Ellis’ new podcast accompanied by one of our clients - the CEO of SonderMind, Mark Frank.

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Webinar: SMB loans during COVID

Webinar: SMB loans during COVID
Posted on Sun, 19 April 2020 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

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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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 4d886ec3-5690-47fc-b77c-d1f3754b1a35

Read Kruze Consulting's recent newsletter about the SBA Crisis loans and how they may work for startups, as well as alternative funding sources.

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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 4d886ec3-5690-47fc-b77c-d1f3754b1a35

A breakdown of Visa's Plaid acquisition and what this could mean for startup bookkeepers, particularly those who use technology to automate their process.

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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 4d886ec3-5690-47fc-b77c-d1f3754b1a35

A breakdown of Visa's Plaid acquisition and what this could mean for startup bookkeepers, particularly those who use technology to automate their process.

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Tech CFOs Name the Hottest New Tech Cities In 2020

Tech CFOs Name the Hottest New Tech Cities In 2020
Posted on Tue, 18 February 2020 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

Read about the top cities that Tech CFOS have named the next top tech hubs in 2020, from a survey conducted by Kruze Consulting involving 30 Bay Area CFOS.

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Working Capital 101 for Startups

Working Capital 101 for Startups
Posted on Tue, 21 January 2020 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

Kruze Consulting's VP of FP&A, Healy Jones, presents a 101 guide to everything you need to know about working capital for startup businesses.

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2019 Kruze Training Offsite

2019 Kruze Training Offsite
Posted on Tue, 17 December 2019 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

The Kruze team is getting together this week for networking, training and 2020 planning.

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Startup Offsite Travel Policy

Startup Offsite Travel Policy
Posted on Tue, 10 December 2019 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

Kruze Consulting's VP of FP&A, Healy Jones, shares an example of an offsite travel policy that will help your startup's team understand the trip's intentions.

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How to Pick an Accountant for a Venture-Backed Delaware C-Corp

How to Pick an Accountant for a Venture-Backed Delaware C-Corp
Posted on Mon, 18 November 2019 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

Kruze Consulting is 100% focused on helping seed and venture funded Delaware C-Corps with their accounting needs.

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How are Startups using cloud software that IPO’d in 2019?

How are Startups using cloud software that IPO’d in 2019?
Posted on Thu, 31 October 2019 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

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.

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How are Startups using cloud software that IPO’d in 2019?

How are Startups using cloud software that IPO’d in 2019?
Posted on Thu, 31 October 2019 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

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.

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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 4d886ec3-5690-47fc-b77c-d1f3754b1a35

Kruze Consulting's VP of FP&A, Healy Jones, breakdowns the signs of an impending tech recession and how your startup can prepare if a recession occurs.

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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 4d886ec3-5690-47fc-b77c-d1f3754b1a35

Kruze Consulting's VP of FP&A, Healy Jones, breakdowns the signs of an impending tech recession and how your startup can prepare if a recession occurs.

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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 4d886ec3-5690-47fc-b77c-d1f3754b1a35

Kruze Consulting's VP of FP&A, Healy Jones, gives advice on using milestones to gate your startup's burn rate to help you manage your cash-out dates.

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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 4d886ec3-5690-47fc-b77c-d1f3754b1a35

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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Sustainable Coffee Company Roast Umber for WellnessWednesday

Sustainable Coffee Company Roast Umber for WellnessWednesday
Posted on Mon, 5 August 2019 by 86afaa4c-cefb-11ed-afa1-0242ac120002

Brad Gakenheimer joined us at Kruze for a wellness wednesday to tell us about Roast Umber, a coffee company sustainably sourcing coffee from Guatemala.

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Uber Lyft - April 2019 Updated Analysis

Uber Lyft - April 2019 Updated Analysis
Posted on Mon, 29 April 2019 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

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!

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Scott Orn Interviewed

Scott Orn Interviewed
Posted on Sun, 28 October 2018 by 4d886ec3-5690-47fc-b77c-d1f3754b1a35

Kruze Consulting’s COO, Scott Orn, was recently interviewed on Blake Oliver’s podcast.

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Featured Service - DocSend

Featured Service - DocSend
Posted on Tue, 16 October 2018 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

DocSend is a great content management tool designed for sales and finance professionals.

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Featured Service - AVRA Talent

Featured Service - AVRA Talent
Posted on Mon, 27 August 2018 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

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

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Featured Service - HubHaus

Featured Service - HubHaus
Posted on Mon, 30 July 2018 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

HubHaus is solving the housing problem for working professionals through Coliving.

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Top Startup Accounting Questions and Answers

Top Startup Accounting Questions and Answers
Posted on Fri, 27 July 2018 by 1683f59d-e8a8-4ffe-b7b9-16f2aad2ab0b

At Kruze, we want to make sure we are a valuable resource to startups’ founders, as they attempt to grow their businesses and take on the world!

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Kruze Consulting Firm Overview

Kruze Consulting Firm Overview
Posted on Tue, 17 July 2018 by 963f3184-cefc-11ed-afa1-0242ac120002

Vanessa Kruze, CEO of Kruze Consulting, gives an overview of Kruze Consulting Firm where we do accounting, finance, tax, and HR specifically for startups.

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5 Things to do after You Raise Venture Capital

5 Things to do after You Raise Venture Capital
Posted on Tue, 8 May 2018 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, discusses five things your startup should do after raising venture capital: banking, recruiting and accounting advice.

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4 Reasons to Raise Venture Debt

4 Reasons to Raise Venture Debt
Posted on Tue, 8 May 2018 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, gives a breakdown of the four important reasons that you should raise venture debt if you’re a startup.

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Featured Service - Bonusly

Featured Service - Bonusly
Posted on Fri, 26 January 2018 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

They are building the future of employee recognition, rewards, and reviews. Bonusly integrates seamlessly with your organization's HR and communication tools.

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Introducing KruzeTax - Startup Tax Returns

Introducing KruzeTax - Startup Tax Returns
Posted on Thu, 25 January 2018 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Tax Season is upon us! Instead of using a local CPA firm (way too expensive & no Startup expertise), check out KruzeTax.com.

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What is the best and cheapest registered agent in Delaware that has experience with tech startups?

What is the best and cheapest registered agent in Delaware that has experience with tech startups?
Posted on Wed, 3 January 2018 by 1683f59d-e8a8-4ffe-b7b9-16f2aad2ab0b

I’m going to expand this question a bit…Why does a startup need to have a Registered Agent in Delaware?

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What is the best and cheapest registered agent in Delaware that has experience with tech startups?

What is the best and cheapest registered agent in Delaware that has experience with tech startups?
Posted on Wed, 3 January 2018 by 1683f59d-e8a8-4ffe-b7b9-16f2aad2ab0b

I’m going to expand this question a bit…Why does a startup need to have a Registered Agent in Delaware?

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2018 New Tax Laws & How they Affect Startups

2018 New Tax Laws & How they Affect Startups
Posted on Wed, 3 January 2018 by 1683f59d-e8a8-4ffe-b7b9-16f2aad2ab0b

The Good, The Bad and The Ugly.

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Featured Service - UrbanSitter

Featured Service - UrbanSitter
Posted on Fri, 8 December 2017 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

UrbanSitter helps you find Babysitters, Nannies, and Child-Care.

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Featured Service - Hugo

Featured Service - Hugo
Posted on Fri, 8 December 2017 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting Feature Service Hugo is the smartest place for your team’s meeting notes, something we guarantee from personal experience with great results.

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Featured Service - Emburse

Featured Service - Emburse
Posted on Fri, 8 December 2017 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Emburse's virtual cards and expense management system is truly amazing for keeping expenses within your company well organized and controlled.

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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 1683f59d-e8a8-4ffe-b7b9-16f2aad2ab0b

Vanessa Kruze, Kruze Consulting's CEO, discusses the vital online systems and programmes that startups should set up when they first start the company.

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Does Your Startup Have What It Takes to Raise a Series A?

Does Your Startup Have What It Takes to Raise a Series A?
Posted on Tue, 21 July 2015 by 3c9a7185-6493-4274-94b4-bfd36ff4820d

Kruze Consulting's COO, Scott Orn, gives a 3 step, simple guide so that you can ensure your startup has what it takes to raise a Series A.

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