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How To Evaluate Your Company’s Value

YoungUpstarts

This is a very introductory place to start, but if your company owns the building, machinery, inventory, and/or technology in which it uses to operate, there is often significant value in this in and of itself. Once you have tallied all existing assets, subtract liabilities to come to a determination of the company’s net assets.

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The Bare Minimum You Need To Know About Accounting

YoungUpstarts

Though personal income taxes will usually not be due until the middle of April, organizing your finances at the end of each year is an absolute necessity. In order to make sure your books are as accurate and legally compliant as they feasibly can be, we will quickly review the most essential things for you to know about accounting.

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What Is a Cash Flow Statement?

Up and Running

The cash flow statement is one of the three main financial statements (along with the income statement and balance sheet ) that shows the financial position and health of a business. The indirect cash flow statement is more popular because it can be easily created from reports produced by accounting software.

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Nonprofit Policy Review Checklist

Board Effect

The National Council of Nonprofits recommends that nonprofit boards review their policies on an annual basis. It’s important to conduct an annual review of your policies so that your nonprofit organization remains in legal compliance and avoids liability issues. Take as many meetings as you need to do a thorough review.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

We want a strong balance sheet (um, ok. but that’s our firm’s money on your balance sheet. This is why investors really like SaaS software companies where you have recurring revenue and your largest customer accounts for < 5% of your revenue and your renewals rates are > 90%.

Burn Rate 383
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[INTERVIEW] Michael Majeed, Finance Executive, SR&ED Tax Consultant

YoungUpstarts

In the last several years, we’ve seen a number of new online services and software that are designed to help business owners track their income and payables. When the business is up and running, they should tightly manage its financial performance by creating a budgeting process and reviewing the business plan regularly for performance.

Finance 217
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Cash Flow

Up and Running

The other two, an income statement (also known as a profit and loss statement ) and a balance sheet , complement the cash flow statement and help you see a full picture of your business’s finances. . Your cash flow statement is crucial for running your business well. Learn how to read a cash flow statement.