crowdSPRING Blog

JANUARY 26, 2014

Enter the accounting team: you, your bookkeeper, your CPA, and (sometimes) your tax specialist.Rat. Often these companies will engage an outside tax accountant who specializes in the arcane details of the IRS as well as state departments of revenue or taxation. Beyond that it starts to get pretty complex, pretty quickly.

Small Business 103

Small Business CPA Software Review Startup 103

Up and Running

SEPTEMBER 13, 2016

For instance, you could put revenue in your checking account, while leaving a percentage in your savings account to pay off taxes at the end of the year. Hire in-house support: When your business is large enough to warrant it, you can hire a bookkeeper to work in-house. Team up with a CPA. Set up a payroll system.

Small Business 60

Small Business CPA Finance Warrant 60

The Startup Magazine

OCTOBER 14, 2021

Richard Lavina, CPA, Co-Founder and CEO of Taxfyle. Richard: I went to school for accounting and followed a path after graduation that those of us in that major typically follow: I started working for a CPA firm in Miami. 5000 list , which lists private American companies based on three-year revenue growth between 2016 and 2019.

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CPA Founder Vertical Cofounder 138

Hearpreneur

DECEMBER 10, 2019

It could be more revenue, hiring clients or launching a new product or service, but every new year is an exciting time because it’s ripe with opportunity. As a CPA, I think it’s important to bring awareness to taxes and accounting for small business owners. 11- Double our revenue. 1- Delegate and expand.

Entrepreneur 127

Entrepreneur Security SEO Community 127

YoungUpstarts

MAY 20, 2018

Nowadays, startups are outsourcing their accounting to reduce costs and to get the best accountants and bookkeepers to manage their financials. Only once you’ve secured more funding from investors should you start looking at things like leasing an office space and hiring more people. Limit Your Spending. Pay Yourself.

Startup 140

Startup Salary CPA Small Business Administration 140

YoungUpstarts

MAY 18, 2015

Hire a CPA. Many business owners forego the advice of an expert accountant because they have financial/accounting experience or are cutting costs by taking responsibility into their own hands. First off, a CPA will save you time by doing the same work faster than you while providing a valuable third party perspective.

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Due Diligence CPA Merger Acquisition 100

Hearpreneur

DECEMBER 8, 2019

It could be more revenue, hiring clients or launching a new product or service, but every new year is an exciting time because it’s ripe with opportunity. As a CPA, I think it’s important to bring awareness to taxes and accounting for small business owners. 11- Double our revenue. 1- Delegate and expand.

Entrepreneur 62

Entrepreneur Security SEO Community 62

Up and Running

JANUARY 5, 2021

It forces you to consolidate it into a business identity while considering the market you’re entering, potential competitors, and what expenses, revenue streams, and milestones you need to hit. Talk to a CPA and/or an attorney to figure out the best structure for your business ( partnership , LLC , S-Corp , etc.).

Lean 146

Lean CPA Vesting Naming 146

ConversionXL

SEPTEMBER 28, 2017

Macro conversions are the primary goal of your website, to convert user traffic into revenue. On the other side of the coin, micro conversions are actions a user completes that are either on the path to revenue-generating macro conversions or not directly related to revenue-generation at all. 1) Revenue per visitor.

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Metrics Acquisition Conversion Revenue 121

YoungUpstarts

MARCH 31, 2016

Engage trusted service professionals (attorney and CPA) who have worked with startups before. If your solution doesn’t help potential customers reduce cost, increase sales, or improve their service to their customers, you don’t have a business anyway. Most VCs don’t invest pre-revenue. Ask questions. Seek advice. Get over it.

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United Kingdom Entrepreneur Oklahoma Ohio 100

Startup Lessons Learned

JUNE 5, 2009

And so the spreadsheet is built with conservative assumptions, including a final revenue target. No matter how low we make the revenue projections for this new product, it’s extremely unlikely that they are achievable. In a startup context, numbers like gross revenue are actually vanity metrics, not actionable metrics.

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San Francisco Lean Continuous Deployment Startup 102

The Next Web

JUNE 15, 2015

Take Airbnb’s expansion into Europe as an example, a market that now generates over half of the company’s revenue. For the areas that the company found harder to crack, Airbnb employed a hands-on strategy by sending in small teams at a relatively low cost to generate grassroots interest in their service. Talent-Driven Expansion.

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Global Burn Rate Startup CPA 60

infochachkie.com

SEPTEMBER 24, 2011

For instance, many a BDC CEO has initiated a consultant to study cost cutting issues before announcing a significant layoff. For instance, if a consultant proposes to help you with public relations, pay them a commission equivalent to the greater of a flat fee per story placed or a percentage of revenue generated from the PR coverage.

Equity 40

Equity Silicon Valley Cofounder Technical Review 40

Duct Tape Marketing

JUNE 12, 2018

For example, if you’re a CPA, wouldn’t it be easier to focus on the clients you already have year after year as opposed to constantly be looking for new ones? Set a revenue goal. Before you put any meetings on the calendar, you need to determine your annual revenue goal.

Lead Generation 76

Lead Generation CPA Audience Revenue 76

searchengineland.com

MAY 30, 2012

That would be liking hiring a jockey without seeing him ride or a heart surgeon based on her MCAT scores. The result – I’ve hired some of the best co-workers imaginable. Depending on which side of the desk you are on, what follows is either a “how to nail a search interview” or “how to hire awesome search talent.”

SEO 54

SEO SEM Social Media Search 54

Hearpreneur

JANUARY 8, 2020

This year, I implemented some changes which will mean a dip in short term revenue, but will let us grow and scale faster in 2020. As someone who manages a team, I know all too well the importance of hiring the right people for the job. At the same time, hiring external consultants help me bridge my knowledge and experience gap.

Entrepreneur 127

Entrepreneur Due Diligence LLC .Net 127

Duct Tape Marketing

FEBRUARY 10, 2012

In this episode of the Duct Tape Marketing podcast I visit with Greg Crabtree, a CPA who’s spent most of his career helping business owners see beyond the numbers that blind and focus on the simple numbers that help unlock business potential. So many business owners confuse profit with revenue or treat profit as salary.

Salary 55

Salary CPA .Net RSS 55

Up and Running

MAY 28, 2015

There’s a lot of questions about what do you actually need in terms of information, if you’re going to do your forecasting, and how does one put together a revenue forecast if you’ve never started a business or your business is brand new. When do we hire that new person? It is a very difficult proposition.

Lean 60

Lean Business Plan Video Software Review 60

Occam's Razor

DECEMBER 9, 2013

People become frustrated (you hire smart people, they run off to build you the Taj Mahal, meanwhile you don't have a functioning toilet). Hence none of you will mis-understand that recommending a focus on CPA in stage four means you run the company to the ground because you ignore business fundamentals! [A Business results suffer.

Analytics 165

Analytics Marketing Channel Metrics 165

ConversionXL

FEBRUARY 3, 2017

But in the worst-case scenario, they become a branding liability and an actual cost center if margins and fraud aren’t properly managed.” (via Carefully analyze your customer and revenue data. Are you aware of your cost per acquisition on other channels? CPA / Sub-Affiliate. Do you know the value of a repeat customer?

Affiliate 48

Affiliate Programming Marketing PPC 48

Startup Lessons Learned

DECEMBER 14, 2009

A business that strives for something like this should absolutely be charging money from day one, in order to establish baselines for their two key metrics: CPA (the cost to acquire a new customer) and LTV (the lifetime value of each acquired customer). This is the simplest ecosystem and simplest driver of growth.

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Customer San Francisco Viral Lean 156

Entrepreneurs-Journey.com by Yaro Starak

MARCH 10, 2011

If you can’t do it, hire someone who knows what they are doing. I spend a mere $10 a month on it, mainly because I haven’t found anyone else in the niche and therefore am able to generate a relatively high revenue to expense ratio or return on investment (ROI). PPC marketing can be very exciting, addictive and lethal at the same time.

Technical Review 71

Technical Review PPC Due Diligence Exit Strategy 71

Software By Rob

JULY 21, 2011

But we rarely think about the specifics of how we are going to reach prospects, and how much that’s going to cost. Since this will be easier to explain with an example, let’s start by looking at the cost of acquiring a customer using Google AdWords. your CPA jumps to $800. your CPA jumps to $800.

CPA 73

CPA Churn Rate Customer Acquisition 73

Occam's Razor

DECEMBER 12, 2011

Cost Per Acquisition. Oh, and everything has a CPA (not just your paid search or display/banner ads). That's the cost. Kill things that don't have an optimum CPA. Kill things that don't have an optimum CPA. Tip: Remember this is just cost, not profit. Cost Per Acquisition. Where is it?

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Metrics Web Analytics CPA 151

infochachkie.com

DECEMBER 5, 2011

As noted in Beware The Consultant , such pay-for-hire charlatans barter their time for your money – the more time they trade with you, the more of your money they take. Once GoToMyPC became a highly successful product, we renamed DesktopStreaming “GoToMeeting,” but not before DesktopStreaming had generated over $30 million dollars of revenue.

Naming 40

Naming Technical Review Product Product Name 40

Up and Running

JUNE 19, 2015

You guys are growing, there’s a lot of pressure, more shows, hire more people, how do you have time to deal with that and make sure that you build the culture that you need and want in the context of “But we don’t have enough people to do everything we want to do? Levi: That’s an interesting question.

Cloud 60

Cloud Small Business Silicon Valley Media 60

Up and Running

JUNE 11, 2014

Plus, paying yourself less means you’ll have extra funds to hire an extra employee, or invest in other growth areas. Reinvestment: We make sure to reinvest enough of our revenues back into growing the company for everyone’s future benefit. - Nicolas Gremion , Free-eBooks.net. Ask Your CPA or Financial Planner.

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CPA Salary Exit Strategy Cofounder 123

Up and Running

DECEMBER 9, 2014

Three, I’m a book keeper, accountant or CPA and other. Three, I’m a bookkeeper, accountant or CPA or other. The DIY mentality can really bog you down and become a burden eventually, plus it can really cost you more time and money in the grand scheme of things. Two, revenue. I’ll say that one more time.

Small Business 95

Small Business Finance Forecast Metrics 95

Entrepreneurs-Journey.com by Yaro Starak

JANUARY 21, 2011

Professionally, I am a Certified Public Accountant (CPA), may also be called a Chartered Accountant (CA) on your side of the globe, a Finance Charter-holder and a Certified Financial Planner. Establishing this website cost me less than $2,000 and a ton of man hours, headaches and heart burns to go with it. Same as above.

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Internet Technical Review Stock Due Diligence 80