Kruze Consulting Startup Accounting
Kruze Consulting Answers Every Startup Accounting,
Finance, HR and Tax Question Imaginable
Taxes: What Startup Founders Need to Know
Running a startup and confused about startup taxes? Uncover what every founder needs to know about payroll systems, tax returns, and deductions.
Are VC investments taxed?
Vanessa Kruze, CPA, explains how a Venture Capital or Angel investment is not taxed, and how it should be accounted for on the balance sheet.
How to Fix Bad Bookkeeping: The Top 10 Ways Startups Can Get Back on Track
Tips for fixing bad bookkeeping from an experienced startup accounting team.
What is an HRA and should a startup consider it for employee health benefits?
We’ve recently started to see startups offer an alternative form of healthcare benefits - HRAs. An HRA, or Health Reimbursement Arrangement, is an IRS-approved employer-funded health benefit account that can be used to reimburse employees for qualified medical expenses.
When should a startup outsource accounting?
In my opinion, pre-seed, seed and VC-backed startups should outsource their bookkeeping, accounting and tax work as soon as they can.
What Are Financial Operations?
Financial operations, often referred to as FinOps, are the activities and procedures that govern how a company manages its money.
What are some interesting bookkeeping facts?
The most fascinating bookkeeping facts that shed light on this crucial, yet often overlooked aspect of business operations.
Is QuickBooks good for SaaS Startups?
Kruze has worked with hundreds of SaaS startups that have raised billions of dollars from VCs, and we are regarded as one of the top SaaS accountants - our take is that QuickBooks Online (QBO) is a great option, actually the best option, for software as a service startups.
How to Use Track1099 to create 1099s
We created this video to help explain how Kruze Clients should use Track1099 to create and share 1099s.
What depreciation method is most frequently used by startups and businesses?
A leading CPA firm explains what the most common form of depreciation used by businesses is.
How do you find your articles of incorporation?
Kruze Consulting CEO, Vanessa Kruze, answers the question 'how do you find your articles of incorporation?' with a simple step by step guide.
How to categorize Customer Success expenses on the P&L
Kruze Consulting CEO, Vanessa Kruze, addresses how a startups bookkeeper should categorize Customer Success expenses on the Profit & Loss statement.
My business’ California Registration was rejected because there is already the same business name in use, what should I do?
Vanessa Kruze, CPA, explains what you can do if your business’ California Registration was rejected because there is already the same business name in use.
Form W-8BEN, what type of form is this in the US?
The W-8BEN(E) form is the international equivalent of the domestic W-9 form; it is collected by us for our records and is liability protection for the company.
Startup Law: What can you do if a contractor (who you have already paid) is avoiding your requests to sign a W9?
Vanessa Kruze, CPA, gives guide to startup law: what can you do when a contractor (who you have already paid) is avoiding your requests to sign a W9?
What KPIs do major venture capital firms track in quarterly information requests from portfolio companies?
As a finance and accounting firm to venture-backed startups, we see these requests pretty often - usually once a quarter!
How much should a seed-stage startup expect to pay for accounting?
Vanessa Kruze, CPA, explains how much your seed-funded startup should expect to spend on accounting and what it should be a function of.
As a newly funded startup, where is the best place to optimize your “runway” period?
Congratulations on raising a round for your startup! Now you likely have some budget to grow the team and the company.
Who are the best startup accountants in the Bay Area?
Having helped our client's raise over $10 billion, Kruze Consulting is the best full-stack accounting or bookkeeping partner for your startup in the Bay Area.
Should I change my startup's tax year to a fiscal year end, eg June 30th instead of December 31st? What are the benefits and drawbacks to doing so?
Vanessa Kruze, CEO of Kruze Consulting, gives advice to startups changing their tax and fiscal year depending on strong business opportunities.
For startup inc (DE incorporation) with annual revenue $30k, how much it cost federal income tax, state income tax, and CFA fee to file tax returns?
Kruze Startup Tax has created a Startup Tax Pricing Calculator that startups can use for free to ballpark how much they can expect to pay for a tax return.
What software enables companies to take advantage of R&D tax credits?
CEO of Kruze Consulting, Vanessa Kruze, presents a guide to which software programs enable companies to take advantage of R&D tax credits?
Would an angel, private equity or VC investor be more interested in a company that is eligible for federal and/or state R&D tax credits?
If you’re a startup that has received VC funding, there’s a very strong chance that you’re eligible for the R&D tax credit.
Do you need an accountant to file a tax return for Corporation?
Vanessa Kruze, CPA, answers the question 'do you need an accountant to file a tax return for Corporation?' and explains the complexities of tax returns.
How can I generate a statement for the Clearing account from Stripe?
To get a Clearing account statement from Stripe, first, log in. Read on.
What are the best ways to keep employees happy?
Keeping your teammates happy is dependent on what each individual person wants. But in general, there are Four Types of Teammate Happiness.
What taxes should I pay as a Delaware C-corp startup?
Most folks only think about the annual Form 1120 Tax return, but there’s actually a ton of taxes and tax deadlines for Delaware C-Corps.
Is NetSuite a good solution for a small start-up? Are there other competitors that are more suitable given budget limitations?
Vanessa Kruze, Kruze Consulting CEO, discusses if NetSuite is a good solution for a small startup and where your money could be better spent.
When should a new tech startup (preparing to ask for seed funds) hire a CFO hourly consultant?
Here’s the recommended timeline for CFO Services for Startups.
My payroll provider (eg TriNet, Gusto, Justworks, Rippling, Sequoia, etc) has offered to file 1099s for free for my startup. Can I use my payroll provider for 1099 filings?
Vannessa Kruze, CPA, discusses the ten reasons why you should not use your payroll provider for 1099 reporting at your startup company.
What should a startup entrepreneur know about accounting?
As a startup founder you should know how to spot the Top 10 Ways Your Financials are Wrong.
Which version of QuickBooks is best for startups?
Quickbooks comes in many flavors, and once upon a time, this was a piece of Desktop software.
As a CPA, what advice would you give to a university student studying accounting and finance?
There are three layers to becoming a good accountant, and I've outlined a few points here.
If Quick Books and Xero are so easy to use, do I really need an accountant for my business?
Yes. You need an accountant even though the software has made a few things easier.
Who are good bookkeepers in Mountain View CA?
Having helped our client's raise over $10 billion, Kruze Consulting is the best full-stack accounting or bookkeeping partner for your startup in Mountain View.
How do I account for a startup that has a live / workspace? What are the tax implications for a startup that has a live / workspace?
Vannessa Kruze, CPA, answers the question 'how do I account for a startup that has a living & working space?' and what the tax implications may be.
Personal Finance: How does a small business make a first sale?
Vanessa Kruze, CPA, discusses personal finance, her advise on how a small business can make its first ever sale and giving work away for free.
How important is it for a bootstrapping startup to be audited by a Big Four accounting company?
Here are a few frequently asked questions regarding Startups and Audits.
What kind of financial data should a company prepare when seeking Series A venture capital funding?
Vanessa Kruze, CPA, discusses the financial data a startup should prepare when seeking Series A venture capital funding and common financial diligence items.
Should my startup offer a Dependent Care FSA? What is a Dependent Care FSA account for startups and is it taxable? When should my startup offer a Dependent Care FSA account?
A Dependent Care FSA account is pre-tax savings account that you can use towards eligible childcare costs.
Which tools should every startup CFO know/use?
Early Stage CFO Toolkit (Seed, Series A, Series B) and Late Stage CFO Toolkit (Series C, Series D).
What the average annual CEO salary rate (SAAS, Fintech, or B2B CRM) during the early stage (pre-seed, seed) in SV?
Vanessa Kruze, CPA, breaks down the average CEO salary for seed funded startups by industry, having analyzed CEO salaries at over 125 startups.
What are examples of VC Due Diligence Check Lists?
My accounting firm’s clients have raised over $500 million in venture capital and seed funding in the past 12 months.
What makes a good CFO?
Here are the most pertinent qualifications and certifications to look for when hiring a startup CFO.
What do I need to know about the FBAR filing requirements as a startup with international ties?
If you have a startup with an international parent or subsidiary company, Financial Bank Account Reporting is an important filing that can’t be missed.
What are average startup founder salaries in 2024?
In the US tech startups that have raised money tend to pay their founder CEOs about $150,000 per year. Read details on founder pay by funding.
When married couples work for different employers as FTEs, does the IRS allow them to contribute up to $5000 each for the dependent care FSA?
Vanessa Kruze, CPA, explains that the IRS will only allow for married couples to deduct up to $5000 as a partnership for the dependent care FSA.
How do you retroactively report payroll and pay payroll tax as a startup?
Set up payroll right as soon as you incorporate. The number one no-no as a startup founder is thinking you can just take care of payroll later.
Startup Law: When do I need to submit my company's first tax return?
Most folks only think about the annual Form 1120 Tax return, but there’s actually a ton of taxes and tax deadlines for Delaware CCorps.
How do I find the right CFO for a startup?
Access Kruze Consultings Kruze Startup CFO Directory to find the best CFO for your startup and learn the qualifications you should look out for.
Are there startup friendly law firms/lawyers in Silicon Valley?
Of course! My accounting firm analyzed spend by over 140 funded startups to identify the top, startup-friendly law firms.
Does my startup need an Audit?
A leading startup CPA answers your questions around startups and audits.
Do startups that lose money pay taxes?
Yes, even bootstrapped pre-revenue startups that lose money must pay taxes.
How do you account for payroll Expense (Wages) and payroll Taxes in QuickBooks?
This is one of my favorite dead giveaways that a company has been working with a subpar bookkeeper, and it’s so easy to spot.
How do startups account for equity and fundraising on the Balance Sheet?
Lately, we’ve had a lot of questions around How Startups Record Equity on the Balance Sheet. So let’s break it down.
As a Delaware C-Corp startup, what do I need to know about the $800 California Franchise Tax?
If you are a startup that has employees, rent, or revenue in CA… and you’ve registered to do business in CA then you will need to pay CA Franchise Tax.
What is a big no-no as a startup founder?
Vanessa Kruze, CPA and CEO of Kruze Consulting, offers her advice and shares the two big mistakes that startup Founders should avoid at all costs.
What are the top 3 skills a CFO of a startup needs?
A good startup CFO has mastered the skills of financial reporting/financial management, financial projections/budgeting, and startup fundraising.
How do the best tech companies track engineers' time to allocate salaries for the US R&D tax credit? Do they require their engineers to enter their hours every week or do they use some other method?
Vanessa Kruze, CPA, discusses how the best tech companies track engineers' time to allocate salaries for the US R&D tax credit using time tracker services.
Should I prepare a tax return if a C-corp made under 50,000 USD in profit?
Yes, you must file and 1120… even if you had no activity for the year!
Can bootstrapping tech entrepreneurs claim the R&D tax credit?
Startup R&D tax credits changed dramatically starting the tax year 2016.
How do you offset the interest on a note?
Learn how convertible debt and SAFE notes differ in terms of interest accrual, and why founders may prefer SAFE notes due to the absence of interest.
What are some hacks for reducing your burn rate if you are a startup?
Every startup spends >80% of their money on 3 things: Payroll, Rent, and Contractors. If you can save money there, you’ll hack your burn rate.
Quickbooks Multi Factor Authentication
Vanessa Kruze, CPA, recommends using the multi-factor authentication app for your QuickBooks Online account and why it is better than SMS.
How can I become a good accountant?
Vanessa Kruze, CPA, is a highly experienced accountant, she shares the emotional, technical and physical capabilities you need to become a good accountant.
Why do Banks & Venture Lenders Want to Read Your Startup's SAFE Note & Convertible Debt Documents?
Vanessa Kruze, Kruze Consulting's CEO, explains why Banks and Venture Lenders will want to read your startup's SAFE note and convertible debt documents.
All About Stock Options (ISOs, NQSOs, RSUs) Tax Reporting for Startups
Stock options and taxes! Should your w2 include 83(B)'s? RSUs, ISOs, NQSOs - a startup tax CPA breaks it down for you.
What is a good way of structuring an inter-company loan?
Vannessa Kruze, CPA, provides a guide to structuring inter-company loans from a Delaware C-Corp to its international subsidiary or parent company.
What's the Difference Between Bookings & Revenue for Startups?
Kruze Consulting's, CEO, Vanessa Kruze, gives a summary of Bookings & Revenue for Startups and explains what the differences are between the two.
Do VCs and Angels really care about GAAP compliant financials?
Vanessa Kruze, CPA, explains what GAAP compliant financials are and why angels and Venture Capital firms really care about them at startup.
What is the Best & Free Cap Table Management Software for Startups?
The two best cap table management software providers right now are Carta and Pulley. Learn how to get free plans on both!
What Role Does a Financial Model Play in Fundraising?
Vanessa Kruze, CPA, explains the role that your startup's financial model plays in fundraising, by demonstrating you capital and your runway.
Why are the Startup R&D Tax Credits so Valuable in 2017?
Vanessa Kruze, CPA, explains why R&D Tax Credits are especially valuable for Startups in 2017 and how you can use Kruze's Startup R&D Tax Calculator.
My US Based Startup Needs to Pay a Contractor in Serbia, What is the Money Transfer Service from US to Serbia?
Vanessa Kruze, CPA, discusses the ways a startup can pay contractors that are outside of the US and why it is important to pay attention to compliance.
Can a Startup CEO use the Company Credit Card for a Big Personal Purchase if the CEO will Reimburse the Company?
Vanessa Kruze, CPA, why a startup CEO should not use the company credit card for a big personal purchase, even if the CEO will reimburse the company.
Are there any US states requiring sales tax paid on SaaS services?
Vanessa Kruze, CPA, discusses everything you need to think about regarding SaaS Sales Tax in the USA, including which states have SaaS Sales Tax.
When to Hire an in-House Accounting/Finance Team: the Cost Benefit Break Down
Vannessa Kruze, CPA, presents the cost benefit breakdown of when to hire an in-house accounting/finance team for your startup and how Kruze can help!
What are the real CEO, CFO and Developers wages when you just opened a startup and go for Seed A in SFBA?
Vannessa Kruze, CEO of Kruze Consulting, breaks down the general trends and realistic wages of the CEO, CFO and developers at a Seed A level startups.
What are fringe benefits and how are they taxed in the US?
Fringe benefits are perks (instead of cash payments) from your employer. They are taxed as Box 1 income on your W2.
For startups incorporating in Delaware, what firms are good registered agents to use?
A guide to incorporating your startup in Delaware. Vanessa Kruze, CPA, discusses registered agents in Delaware and incorporating in the state.
What is the best and cheapest registered agent in Delaware that possibly has experience with tech startups?
Vannessa Kruze, CPA, explains everything you need to know about startups incorporating in Delaware and how you will need a well-priced, registered agent.
How do you calculate Startup R&D Tax Credit?
Startup R&D tax credits are about to change dramatically so Kruze Consulting has created a simple Startup R&D Tax Credit Calculator for you to use!
I am getting started with Xero. How do I 'transfer' many of the start-up expenses that I have been incurring personally into my startup's Xero?
Vanessa Kruze, CPA, explains how to 'transfer' startup expenses that you have been incurring personally into your startup's Xero account.
What's a good venue in San Francisco to rent out for a 200-person party?
Bonus points for anything close to SF City Hall....
What websites are similar to PatientsLikeMe?
Vanessa Kruze, CPA, provides information for people looking for patient support websites that are similar to the website patientslikeme.
Is it possible that a bank would fund with venture debt a company with no revenues?
Vanessa Kruze, Kruze Consulting's CEO, explains how and why it is possible that a bank would fund a company with no revenues with venture debt funding.
What Factors do Venture Lenders Underwrite for a Startup Loan?
Vanessa Kruze, CPA, breaks down the factors why Venture Lenders underwrite for a startup loan and why startups should negotiate them out of the deal.
How much time do you spend monthly doing bookkeeping?
Vanessa Kruze, CPA, advises how much time should be spent on bookkeeping by startup founders, as well as helpful metrics for startup bookkeeping.
Who is the best provider of temp CFO services for NYC tech startups?
Kruze Consulting is a leading CPA and provides services for startup accounting, including temporary CFOs for New York City tech startups.
What kinds of taxes must start-ups pay for funding in California?
The taxes that you need to pay for funding in California depend on your unique situation so it is best you contact a CPA, like us at Kruze Consulting!
What is the best state to incorporate a web-based startup?
Vanessa Kruze, Kruze Consulting CEO, explains how the state you should incorporate your web-based startup in depends on where you actually pay taxes.
Where do early stage startups get help with accounting and HR, and what does this cost?
Vanessa Kruze, discusses the reasonable monthly costs for Accounting & HR depends, services that Kruze Consulting provides for 500+ startups!
Where can web startups learn about financial modeling that accounts for the important metrics and costs?
Vanessa Kruze, CPA, discusses financial modeling that accounts for the important metrics and costs and outlines key points to include in a financial model.
What great tools/services like ZenPayroll should every small business use?
Vanessa Kruze, CPA, regards Zenpayroll (now Gusto) highly and lists her other favorite tools/services for startup & small business efficiency.
I'm switching from a government job to a startup using TriNet. How can I assure myself I'm covered for my major health (pacemaker) issues?
Vanessa Kruze, CPA, explains how you can ensure your insurance covers you for major health care issues when switching jobs using TriNet.
How do I minimize my taxes when selling my startup in California?
Vanessa Kruze, CPA, explains why minimizing your taxes when trying to sell your startup in California is complex and depends on many variables.
How many starts ups face problems related to accounts and taxation?
Vanessa Kruze, CPA, explains how and why every startup, even those without revenue, can potentially face problems related to accounts and taxation.
What is the best outsourced payroll service for startups?
Vanessa Kruze, CPA, explains why GUSTO is the best payroll processor to handle payroll for startup, having used almost every processor out there!
Does series A startup need CFO?
Vannessa Kruze, Kruze Consulting's CEO, explains why a Series A startup doesn't really need a CFO, although there are exceptions to this rule.
Should a tech startup incorporate as an LLC, a C-Corp, or an S-Corp? If so, why?
Vanessa Kruze, CPA, discusses if and why a tech startup should incorporate as either an LLC, a C-Corp, or an S-Corp and how it depends on funding.
What is the most startup-friendly payroll system?
I've set up payroll systems for hundreds of startups - here are the most startup friendly systems, plus what to look for when choosing a payroll provider.
Who are some of the best, startup-friendly accountants in the Bay Area?
At Kruze Consulting CPA we provide accounting services in the Bay Area specially designed for startups, including payroll, taxes, financial modelling and more!
I am a startup co-founder but I have no experience in bookkeeping/accounting. Is it possible to do the bookkeeping myself? What are some hands-on learning resources?
Vanessa Kruze, CPA, advises on doing your own startup bookkeeping, good resources for learning and tips for founders who wants to take on bookkeeping.
What is the best financial figures breakdown format/template to use for a new start-up?
Vanessa Kruze, CPA, breaks down the common points to include in your financial model for a brand new startup, bearing in mind every startup's model is unique.
Is it smart for a start up to take on debt for funding in the early stages of the company? What are the best ways to fund early startups?
Vanessa Kruze, CPA, discusses if it is smart for a startup to take on debt for funding in the early stages and what the best ways to fund early startups are.
At what stage of a startup's life cycle is it helpful to create a financial model?
Vanessa Kruze, CPA, discusses at what stage of a startup's life cycle is it helpful to create a financial model and links to resources to help you build one.
What is a sample chart of accounts for SaaS companies?
Example SaaS chart of accounts in a table format, plus a sample P&L for a SaaS company.
Who are the best bookkeeping firms in San Francisco?
Kruze Consulting is a leading CPA and provides the best services for startup bookkeeping, accounting, HR and taxes in the San Francisco area.
Can someone recommend a good startup bookkeeper in the New York City area?
Leading CPA, Kruze Consulting, provides Bookkeeping, Finance, Tax and HR consulting to over 700+ funded startups, including many in New York.
What small business bank should we use for a standard checking account for our LA-based startup?
Vanessa Kruze, CPA, discusses the best banks that LA based, VC backed startups and early-stage companies should use for a standard checking account.
What are some good startup accounting books?
If you’re just interested in learning how to do accounting for your own startup Vanessa Kruze, CPA, recommends skipping the books and learning with QuickBooks.
Who are the best startup accountants in the New York area?
If you’re looking for a startup accountant in New York then we can help! Kruze Consulting provides Accounting, Tax, Finance, and HR for over 500+ startups.
Who are the best startup accountants in the Bay Area?
At Kruze Consulting CPA we provide accounting services specially designed for startups, including payroll, financial modelling, taxes and more!
When does a Delaware C Corporation need to file a tax return?
Vanessa Kruze, CPA, explains when a Delaware C Corporation needs to file a tax return and whether you should use the federal extension.
As a new start-up CEO, what should be the most important aspect of your business plan?
Vanessa Kruze, CPA, breaks down what you should include in your financial model as the most important aspect of a new startup CEO's business plan.
What are the basic skills that early accountants/bookkeepers know for a start-up?
Vanessa Kruze, CPA, discusses the basic skills that early startup accountants/bookkeepers should have, including QuickBooks, payroll and benefits.
How do I sell a startup tax-free?
Vanessa Kruze, CPA, explains that if you want to sell your startup tax free you will want to consult with a CPA that specializes in startup taxation.
What are the best accounting firms for a seed funded startup in Silicon Valley?
Operates in Silicon Valley, Kruze Consulting's services are designed for startup founders, our clients have raised close to $800 million in Series A financing.
What are the risks of working with a new venture lending firm?
Vanessa Kruze, CPA, breaks down the risks of working with a new venture lending firm and why you should stick with stabilised players if you are a startup.
What other sources have to be reconciled, other than the bank statement?
Vanessa Kruze, CPA, breaks down the other sources that have to be reconciled on a startup's balance sheet, other than the bank statement.
Can you recommend good start-up accounting software?
Vanessa Kruze, CPA, recommends the accounting software programs that are most suited for start-ups and why QuickBooks is the best in her opinion.
When you receive an investment from a venture capital firm, can you still send proposals to other venture capital firms?
Vanessa Kruze, CPA, explains why you should still send proposals to other venture capital firms when you receive an investment from a venture capital firm.
Payroll taxes for startups?
Vanessa Kruze, CPA, discusses the basic points of payroll at startup and gives advice on how to budget for your startup's payroll taxes.
When do payroll checks bounce?
Vanessa Kruze, CEO and Founder of Kruze Consulting, explains the rare circumstances under which payroll checks might bounce and how to avoid them.
I am not passionate about the product my marketplace startup caters to. Should I be concerned?
Vanessa Kruze, CPA, explains why you should be concerned if you are a founder that is no longer passionate about the product your marketplace startup caters to.
How do you model 2 and 3 year growth for financial projections of a mobile tech startup?
Vanessa Kruze presents the common points to include in your financial model to demonstrate 2 & 3 year growth for financial projections at a mobile tech startup.
What are some mid-sized/small firms that deal with start-ups/venture capital/tax in California?
If you’re looking for a startup accountant in California then we can help! Kruze Consulting provides Accounting, Tax, Finance, and HR for over 500+ startups.
What is a good low-cost bookkeeping/accounting solution for my start up?
Vanessa Kruze, CPA, presents three things you should consider when you are looking for a good low-cost bookkeeping/accounting solution for your startup.
When a Startup is Low on Cash but Wants Venture Debt, Do the Lenders Require Equity to Come Into the Startup too?
Vanessa Kruze, CPA, explains why lenders require equity to come into the startup when a startup is low on cash but is looking for Venture Debt.
Where can I learn finance and accounting for a start-up?
Vanessa Kruze, CPA, explains why the best places to learn about startup accounting and finance are QuickBooks and Lynda.com from her experience.
I want to create pro-forma financial statements including direct cashflow statement and use it for cash-flow management (monthly). Is it a good idea?
Vannessa Kruze, Kruze Consulting's CEO, explains why creating pro-forma financial statements for cash-flow management is definitely a good idea!
Which is the best firm assisting to incorporate a tech startup and continue with tax and administrative issues?
When looking to incorporate your tech startup you will need a lawyer or online service, Kruze Consulting can assist with Accounting, Tax, Finance, and HR .
What is the best state to incorporate a startup?
Vanessa Kruze, CPA, explains why you must incorporate as a Delaware C Corp if you’re a startup that is seeking Venture Capital investment in the future.
What is the best state to incorporate a startup (taxes-wise)?
Vanessa Kruze, CPA, explains why you must be a Delaware C Corp if you’re a startup that is seeking Venture Capital investment in the future.
Where can I find a financial model for a hardware startup?
Vanessa Kruze, CPA, breaks down the common points to include in your financial model for a hardware startup, bearing in mind every startup's model is unique.
What does Gusto offer that your business bank doesn't?
Vannessa Kruze, CPA, explains the reasons why Gusto is the best payroll solution for your startup, as well as what Gusto offers that your bank doesn't.
What are some green tech companies in Los Angeles?
Here are a few:- Verengo Solar- SolarReserve- eSolar- H2scan- FirstCarbon Solutions...
Is there a good accounting firm for startups?
I run Kruze Consulting, one of the top accounting firms that works exclusively with startups. Our clients raise billions in venture funding every year
How important is gender distribution in a startup?
First Round Capital reported that 'Companies with a female founder performed 63% better than our investments with all-male founding teams' Keep in mind that they were polling from a particular subse...
Say you sold a VC backed startup for 1B with an equity stake of 5%, How much actual cash vs stock does a founder get from selling/exiting a start-up?
Vannessa Kruze, CPA, explains the calculations to figure out how much actual cash vs stock a founder will receive when exiting/selling a startup.
How do I create financial projections for a startup?
Vanessa Kruze, CPA, provides a guide to creating financial projections for your startup plus free templates that you can download and use.
Are there examples of financial models for b2b startup?
Vanessa Kruze, CPA, breaks down the common points to include in your financial model for a B2B startup, bearing in mind every startup's model is unique.
What is the most effective financial model template for B2B SaaS start-ups?
Vanessa Kruze, CPA, breaks down the common points to include in your financial model for a B2B SaaS startup, bearing in mind every startup's model is unique.
What are the top 5 disruptive start-ups focused on accounting/closing the books software?
Vanessa Kruze, CPA, discusses the top disruptors in the Accounting Software space and why she still believes that QuickBooks is the best.
What is the average default rate of a venture debt portfolio?
Vanessa Kruze, CPA, answers the question 'What is the average default rate of a venture debt portfolio?' and how there is default rate variability.
What banks offer revolving credit facilities for early stage companies?
Vanessa Kruze, CPA, discusses the core players in bank finances and the loan financing providers that offer revolving credit facilities for startups.
How much do startup accountants charge?
Vanessa Kruze, CPA, answers the question 'How much do startup accountants charge?' and what the monthly cost for Accounting & HR depends on.
What is a reasonable monthly cost for HR and accounting for an early stage startup?
Vanessa Kruze, CPA, answers the question 'What is a reasonable monthly cost for HR and accounting for an early stage startup?' and what it depends on.
Can a Corporate Spin-Out Startup get Venture Debt?
Vanessa Kruze, CPA, answers whether or not a Corporate Spin-Out Startup get Venture Debt, and why it isn't a good scenario for the Venture lender.
How do I file a corporate startup tax return?
Vanessa Kruze, CPA, discusses how to file a startup tax return and why you should consult with a CPA or EA who specializes in startup taxation.
How can a startup find a consulting CFO to answer urgent questions, before the company is ready to hire a full-time CFO?
Vanessa Kruze, CPA, explains the best way a startup can find a consulting CFO to answer urgent questions, before the company is ready to hire a full-time CFO.
What are some competitive alternatives to InDinero, and what are your experiences using it, if you have?
Vanessa Kruze, CPA, summarises the similarities and differences between Kruze Consulting and InDeniro and why Kruze is the best alternative.
What are some common complaints about Bill.com?
Vanessa Kruze, CPA, uses Bill.com and will always recommend it. She goes into detail about the best bits of Bill.com as well as the drawbacks.
What are recommendations for a good startup accountant in Chicago?
If you’re looking for interim CFO level services, then Kruze Consulting can help! We provide Accounting, Tax, Finance, and HR for over 500+ startups.
How should a chart of accounts be structured for a SaaS company?
Looking at the Chart of Accounts can be a bit dense so I've decided to present a sample P&L instead. (The goal of the Chart of Accounts is to get the accounts to track to the appropriate location...
Early Stage Venture Capital: What characteristics should a startup have during a Series A?
Vannessa Kruze, CPA, presents the best attributes for a startup to have when operating at Series A, in order to impress Venture Capital firms.
Where can I find a part-time Silicon Valley-based startup CFO/Consultant or firm?
Kruze Consulting is one of the leading providers of part time CFO services to over a hundred venture funded companies in Silicon Valley and beyond.
After a startup get million dollars investment, how to prevent the startup CEO indiscriminate use of funds?
Vanessa Kruze, CPA, identifies four roadblocks that will prevent a startup's CEO's indiscriminate use of funds after the startup gets an influx of cash.
What kind of bank account should a start-up open?
As a CPA who works exclusively with funded startups, I see our founders either loving or struggling with their bank. Here are the best banks for startups:
What is the best HR program for a startup?
Vanessa Kruze, CPA, talks about Zenefits, an incredible HR resource that startups can use until they need a full time HR manager in the company.
Who are the best CPAs for startups?
Here at Kruze Consulting we are 100% dedicated to venture capital backed startups and as one of the largest CPA firms, we consider ourselves to be the best.
Startup Advice and Strategy: I'm creating an asset tracking system for our small company of 15 people. What assets are worth tracking?
Vanessa Kruze, CPA, says anything over $500 is worth tracking when you are creating an asset tracking system for your small company or startup.
Who are the most influential angel investors in Utah?
[Gavin Christensen](http://kickstartseedfund.com/index.php?id=11) at Kickstart Fund is pretty awesome....
Is there an alternative to bill.com?
Vanessa Kruze, CPA, recommends that startups use bill.com for finances as alternatives don't provide every service you need to meet IRS requirements.
What's the typical Advance Rate on a Startup’s Accounts Receivable Line with a Bank?
Kruze Consulting's CEO, Vanessa Kruze, answers the question 'what is the typical advance rate on a startup’s Accounts Receivable Line with a bank?'
Who are the best startup accountants in the Los Angeles area?
Kruze Consulting is a leading CPA firm for startups in the Los Angeles area, providing Accounting, Tax, Finance, and HR for over 500+ businesses.
What do you like most about Credit/Accounts Receivable?
Vanessa Kruze, CPA, discusses Credits/Accounts Receivable, how they can be a valuable tool for a growing business and why banks love them.
Which accounting statements do I need for my startup pitch deck?
Vanessa Kruze, CPA, explains you don't have to include financial statements in your pitch deck but you do need a high level summation of your financial model.
What is the best accounting software to use for a startup CPA firm?
Vanessa Kruze, CPA, recommends the accounting software programs that are most suited for a startup CPA firm and why QuickBooks is the best in her opinion.
What is the best way to manage bookkeeping/accounting for a SaaS startup?
Vanessa Kruze, CPA, explains why the best way to manage your bookkeeping and accounting for a SaaS startup is by using QuickBooks Online.
What is the best accounting & POS Software?
Vanessa Kruze, CPA, discusses the best accounting & POS Software options worth looking into if you sell physical goods, such as QuickBooks.
What do accounting firms contribute to startups?
Vanessa Kruze, CPA, shares the quantitative and qualitative contributions an accounting firm makes to startups, including help with bookkeeping and compliance.
What is the legal/accounting checklist for a CA startup with a remote employee in NY?
Vanessa Kruze, CPA, advises on how to make sure you meet all of the legal/accounting deadlines for startups with remote workers in other states.
Which VCs invest in hardware?
1. Iconiq Capital2. Sequoia Capital3. Tiger Global Management...
At what point should a SaaS startup consider hiring a full time CFO?
Vanessa Kruze, CPA, discusses at what stages a SaaS startup should consider hiring a part-time and full-time CFO, services that Kruze Consulting can provide!
Is there any need of HR person for a startup?
Vanessa Kruze, CPA, discusses the need for an HR person at a startup and lists Zenefits as an incredible HR resource that startups can use.
Startup Accounting and Accountants: What CPA firms do top angel investors use?
At Kruze Consulting CPA we are very lucky to have great relationships with angels. If you are looking for the best CPA for a startup, look no further.
What are some good CFO outsourcing companies that focus on startups?
Here at Kruze Consulting we are a leading CPA firm and we provide services in Accounting, Tax, Finance, and HR which are specially designed for startups.
Does a CFO need to have his CPA or CFA?
Vannessa Kruze, CPA, explains if a CFO needs to have CPA, CFA, or MBA designation and the most important designation to have as a startup CFO.
In a company / startup, should the CEO or the CFO write checks?
Vanessa Kruze, CPA, explains why both the CEO and CFO should be authorizing checks and bill payments in a startup and the best way to go about it.
Should we use ADP for bookkeeping for our small startup or hire a CPA?
Vannessa Kruze, CPA, answers the question of using ADP for startup bookkeeping or hiring a CPA. Guidance on using a payroll processor to avoid human error.
If you were to build a dynamic 3-statement financial projection that balanced, how would you build the model using a fixed cash balance? How would you build the model using a changing cash balance?
Vanessa Kruze, CPA, explains how to build a dynamic financial projection using a fixed cash balance and the financial modelingresource Kruze provides.
How do I terminate my co-founder?
Vanessa Kruze, CPA, answers the difficult question 'how do I terminate my co-founder?' and discusses the best steps to take to avoid your startup imploding.
I'm asking for $2 Million investment for a 30% stake in my company. Lets say I secure it, what should my salary be? (Dropping out of University, no other source of income, and there is a second founder)
Vanessa Kruze, CPA, explains why, when looking for investment in your startup, no matter where you live, your salary should be as low as you can take.
How much are the annual bookkeeping, accounting, tax filing expenses for start-ups incorporated in Delaware US (C corp) ?
Vanessa Kruze, CPA, breaks down why VC-backed Delaware US (C corp)s want to work with a unified bookkeeping tax services provider.
What does a US based company need to do to comply with IRS regulations in paying foreign contractors?
Vanessa Kruze, CPA, discusses what a US based company needs to do to comply with IRS regulations in paying foreign or over seas contractors.
What happens if the IRS audits me and I do not have the receipt for an expense (assuming it was a legitimate expense)?
Vanessa Kruze, CPA, breakdown audits by the IRS, who they target and what happens if you are missing receipts for a legitimate expense.
How difficult is the CPA exam?
Vannessa Kruze, CPA and CEO of Kruze, answers the question 'how difficult is the CPA exam?' and explains why it is so hard but so worth it.
How should convertible note financing be handled on the balance sheet?
Vannessa Kruze, CPA, explains what a convertible note represents and how how to handle convertible note financing on your startup's balance sheet.
How much does a 409A valuation cost?
As a frame of reference, you'll find that other firms charge $4000+ for a Seed Stage 409A, and $5000+ for a Series A 409As.