Founder's CPA

SaaS has a unique business model, and requires an accountant who knows what metrics to track, how to tailor your finances for investors, and how to structure your books to avoid issues down the line! 🤔📈💼 hubs.li/Q04f-nP20 #founderscpa #saas

Every time you sell or trade your crypto, it requires standardized, organized data to report to your taxes. Crypto software automatically pulls the relevant data from all of your transactions and organizes it. 💪📑🤔 hubs.li/Q04fZTV_0 #founderscpa #crypto #software

A fractional CFO is an experienced financial professional who works with your business on a part-time basis. They bring fresh perspective on issues to owners who may not have prior experience managing complex financial issues.🤯📚 hubs.li/Q04f-6mW0 #founderscpa #cfo

Effective cash management solutions help you build a financial roadmap that leads you to sustainable growth. 💵📈🤑Read our guide to avoid falling into the cash management pitfalls! 🕳️ hubs.li/Q04fZNPn0 #founderscpa #cash

Setting financial goals defines an action plan that establishes accountability for completing every task. You achieve this by involving your team throughout the process. 🤝 Don't forget to celebrate a successful goal! 🎉📈 hubs.li/Q04f2PsD0 #founderscpa #goals

Revenue projection is something business do to map out their finances over a specific period. It typically requires estimating units sold, selling prices, growth rates across multiple customer segments, and customer churn. 🤔📈📚 hubs.li/Q04f3syd0 #founderscpa #growth

Accounting for your #cryptocurrency #taxes can be a cumbersome process. It's always an option to manually compile, calculate, and file your #crypto taxes, but it's often more efficient to use crypto taxes software. 😮🤯🤔📈 hubs.li/Q04f26M40 #founderscpa

#Startups use #budgeting & #forecasting to grow by: Planning for new product launches or market expansions 🛍️ Preparing for seasonal fluctuations or unexpected expenses 💸 Demonstrating your financial stability to investors or lenders 📈 hubs.li/Q04f3sx50 #founderscpa #cfo

A wrapped token is a tokenized version of another type of cryptocurrency that’s tied to the value of the represented asset.🤔💼 You can use non-native assets on the blockchain of your choosing with wrapped tokens. 💸 hubs.li/Q04dq9Hd0 #founderscpa #crypto #wrappedtoken

Startup accounting doesn't have to be complicated‼️Here are 7️⃣ ways to simplify it: Use tech Track business spending Accurate invoicing Use a payroll system Use P&L statements regularly Plan for tax obligations Improve cash flow hubs.li/Q04dqnfP0 #founderscpa #accounting

A cap table is a spreadsheet that shows the equity capitalization for your business. It lists the company’s securities, including: Stock issuances Stock options Warrants Vesting structure The “who owns what” of your business. 🤩💼 hubs.li/Q04dq7040 #founderscpa #captable

Financial ratios are the relationships of data in the company’s financial reports. 📑They are a powerful analytical tool to measure your company’s financial health. Take a deep dive and find out which ratios are best for your business!🤩 hubs.li/Q04dq4hS0 #founderscpa #kpi

Not every crypto transaction is taxable - no taxes are owed when you buy crypto. 💵 But if you sell, trade, mine, receive payment, or pay a merchant, then you can be taxed. Don't get caught unaware come tax time! 🤔📚 hubs.li/Q04dpTf60 #founderscpa #crypto #taxes

The days of manually entering data into spreadsheets and crunching numbers with calculators are over. 😮🤯 Technology enables accountants to do more in less time while providing more in-depth information and analytics.💻✨ hubs.li/Q04dpPCW0 #founderscpa #tech #startup

If you own a business or receive income from a source other than wages, you’re probably making quarterly estimated tax payments. Payments are based on the last year’s tax return and your current year’s estimated income and expenses.💼 hubs.li/Q04cc_gQ0 #founderscpa #taxes

FP&A function is responsible for developing and implementing financial plans, forecasts, budgets, and other analytical activities that support a company’s major decisions and strategic goals. 📈FP&A focuses on the “why" questions! 📑🤔 hubs.li/Q04cdB_10 #founderscpa #fpa

How do you defer taxes with an NSO 83(i) election? 🤔📚 When an employee receives qualified stock, they can defer the income taxes on that stock’s value. The election has to be within 30 days of the RSU settlement or NSO exercise. 🤯 hubs.li/Q04cd2ld0 #founderscpa #nso

Run Rate is the amount of money a business makes in a specific period and can be an indicator of a business' health.📈 To calculate run rate, use this formula: Annual Rev Run Rate = Rev in Period ✖️ # of Periods in a Year💪 hubs.li/Q04ccrQz0 #founderscpa #runrate #kpi

Any business owner operating as a sole proprietor needs to file Schedule C with their 1040.😮 But what information do you need to add to the form? Business income 💼 COGS (Cost of Goods Sold) 📈 Other business expenses 💸 hubs.li/Q04cbG9W0 #founderscpa #schedulec #1040

Metric Monday: Runway Efficiency It's the runway time adjusted for the scale of the business to gauge how efficiently cash supports the business. 🛫💸 Find it by: Months of Runway ➗ ARR (in millions) #metricmonday #kpi #runway