Remove CPA Remove Employee Remove Revenue Remove Salary
article thumbnail

8 Essentials To Qualify Your Startup For A Bank Loan

Startup Professionals Musings

The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back up the loan. Pay particular attention to the financials, and have a CPA friend review for reasonableness before presenting. Demonstrate an ability to repay from revenues, not collateral.

article thumbnail

8 Strategies To Improve Your Odds Of Getting A Loan

Startup Professionals Musings

The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back up the loan. Pay particular attention to the financials, and have a CPA friend review for reasonableness before presenting. Demonstrate an ability to repay from revenues, not collateral.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Startup Tax Planning for Better Cash Flow Management

Up and Running

Many small business owners have no idea what they will owe in taxes until it’s time to pay them,” says Paul Gevertzman, CPA, a tax partner at Anchin, Block, & Anchin in New York. This is the Social Security and Medicare tax that is usually paid by an employer for a normal W-2 employee,” he says.

article thumbnail

8 Keys To Convincing A Bank To Fund Your New Venture

Startup Professionals Musings

The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back up the loan. Pay particular attention to the financials, and have a CPA friend review for reasonableness before presenting. Demonstrate an ability to repay from revenues, not collateral.

article thumbnail

Machine Learning for Regular Recruiters

Transformify

A good recruitment software can match the applicants based on the number of skills, salary expectations, location, willingness to relocate, etc. It is entirely in Mr Jones hands to decide if a candidate lands on the short list if the applicants happen to have a similar number of matching skills, experience and salary expectations.

article thumbnail

5 Tips For Startups To Avoid A Financial Disaster

YoungUpstarts

Whether it’s hiring a full staff of employees you don’t need yet or running multiple marketing campaigns left and right without any obvious branding objectives, spending cash unwisely can eventually lead to the death of your business. David Johnson is a CPA and holds an MBA from Columbia. Final Thoughts.

Startup 140
article thumbnail

How Entrepreneurs Qualify for Funding from Banks

Startup Professionals Musings

The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back up the loan. Pay particular attention to the financials, and have a CPA friend review for reasonableness before presenting. Demonstrate an ability to repay from revenues, not collateral.