Startup Professionals Musings

SEPTEMBER 16, 2023

In my view, starting a new business has never been easier, and according to reports from the Kauffman Foundation , the numbers are here to show it. The days of lengthy, text-heavy, business plan documents prepared by expensive experts are behind us. Just make sure you can fill in all the details.

Intellectual Property 261

Intellectual Property Entrepreneur Angel Groups Social Media 261

ReadWriteStart

OCTOBER 13, 2021

Shopify is quite popular for its unique online store designs , branding tools, customized services, and applications to make insightful decisions based on real-time reporting and other ready-made programs. Merchant tools such as reports and analytics help you keep an eye on profits and other metrics and make decisions accordingly.

Artificial Inteligence 182

Artificial Inteligence Technical Review Software Review Analytics 182

The Startup Magazine

JUNE 15, 2023

Users can create professional invoices, track expenses, manage inventory, and generate financial reports. Detailed reports on profitability, cash flow, and tax obligations support financial planning and regulatory compliance. Integration with bank accounts allows for automatic transaction syncing and reconciliation.

Software Review 153

Software Review Software Small Business Social Media 153

The Startup Magazine

MARCH 31, 2023

Business owners must deeply understand their company’s financial health, track their expenses and revenues, and adjust accordingly. Properly recording lease accounting journal entries helps businesses comply with accounting standards such as IFRS or GAAP, which is necessary for financial reporting and regulatory compliance.

Management 97

Management Software Review Finance Bankruptcy 97

Board Effect

OCTOBER 9, 2023

Cybersecurity Best Practices: Why They’re Critical for Healthcare Boards A data breach in the healthcare industry is an expensive matter. The IBM Cost of a Data Breach Report 2023 shows that the average cost of a data breach in the healthcare industry is $10.93 million, which is the most expensive cost of all industries.

Software Review 97

Software Review Technical Review Security Reputation 97

The Startup Magazine

DECEMBER 15, 2021

Upgrading to this system saves unnecessary expenses and time andlets your staff focuson other important duties that keep the company steady and moving forward. Important obligations such as data analysis, management reporting, and staying up to date with minor tasks can be dealt with more efficiently and quickly.

Management 141

Management Software Review Mobile Employee 141

The Startup Magazine

SEPTEMBER 2, 2021

Easy Reporting. Another key role of management is generating accurate reports. Here’s just a sampling of a few of the HOA management software reports that you can simplify: Ownership (both single and multiple units). Financial reports. This is another area where software comes in handy. Financial statements.

Management 116

Management Software Review Technical Review Software 116

The Startup Magazine

FEBRUARY 16, 2022

DataRails , the financial analysis and reporting software startup, has announced the hiring of David Rosenberg as the company’s new VP of customer success. Many companies across the globe rely on Excel to manage their finances, but reports can often sustain hard-to-find errors due to the amount of manual work needed to maintain them.

Hiring 136

Hiring Software Review Customer 136

The Startup Magazine

APRIL 25, 2023

By understanding them, HR and Finance can work together to identify ways to optimize processes and reduce expenses. Evaluating Compensation And Benefits Compensation and benefits are critical components of attracting and retaining top talent, but they also represent a significant expense for organizations.

Finance 128

Finance Retention Forecast Employee 128

Startup Professionals Musings

NOVEMBER 28, 2020

In my view, starting a new business has never been easier, and according to reports from the Kauffman Foundation , the numbers are here to show it. The days of lengthy, text-heavy, business plan documents prepared by expensive experts are behind us. Just make sure you can fill in all the details.

Intellectual Property 404

Intellectual Property Startup Angel Groups Social Media 404

YoungUpstarts

MAY 3, 2019

Rather than establishing an entire department to manage company travel, small business owners should develop a company travel policy for employees that enables and empowers them to book their own travel, report expenses and get reimbursed by the company. How expenses should be reported. Who should approve expenses.

Employee 127

Employee Reputation Small Business Global 127

The Startup Magazine

APRIL 22, 2024

In 2023 alone, around 3,000 startups in the US ended up failing as reported by The New York Times. Why is it more expensive to land new clients than to retain existing ones? Stability Amidst Volatility Startups navigate turbulent waters characterized by uncertainty and volatility.

Retention 114

Retention Reputation Startup Social Network 114

YoungUpstarts

AUGUST 10, 2017

For the last eight quarters, the number of angel and seed stage deals has declined, according to an Eisner Amper VC report. Investors want to see in-depth financial reports that reinforce the startup has an organized business model with potential for revenue growth. That downward trend includes the most recent quarter from 2017.

Software Review 124

Software Review Technical Review Due Diligence Startup 124

YoungUpstarts

SEPTEMBER 3, 2020

Starting a business from home is a dream for many due to the fact that they cannot afford the expenses that come with renting out an office. Working from home is can prove tricky because it is easy to mix work and home expenses, something that might ruin your business. Designate some space using pocket doors. Have a financial guide.

Flash 283

Flash Software Review Startup Social Media 283

The Startup Magazine

MARCH 4, 2023

Moreover, a Statista’s report reveals that the number of quits has now surpassed the pre-pandemic peak for 21 consecutive months. It’s an important metric for employers & managers because high turnover is often expensive and disruptive for the organization. Did you know approximately 4 million Americans (2.6% of the U.S.

Employee 160

Employee Management Software Review Technical Review 160

Startup Professionals Musings

FEBRUARY 8, 2021

Even if a board member won’t work for equity, and demands a monthly stipend, the value of their contacts can easily make the difference between a successful rollout, versus an expensive pivot. An early Advisory Board is the best way to evaluate candidates for this formal Board, to be your boss, and accountable for business reporting.

Advisory Board 356

Advisory Board Bandwidth Cofounder Technical Review 356

YoungUpstarts

DECEMBER 11, 2019

The majority of new businesses will only be looking at expenses and revenue. As a business grows larger, they can think about reporting expenses monthly, as well as things such as profit and loss. Learning at least somewhat about accounting will make understanding financial reports easier as well. Finding Good Software.

Startup 147

Startup Finance Software Small Business 147

YoungUpstarts

SEPTEMBER 24, 2019

Sending money via expensive paper checks or wire transfer may be the norm, but they both have fraud rates and postal issues that make them a poor choice. These methods also eat into your profits: They’re expensive and subject to exorbitant currency conversion bank fees. Speeding up time to financial close. Go paperless.

Artificial Inteligence 165

Artificial Inteligence Technical Review Cofounder Cloud 165

Up and Running

OCTOBER 13, 2022

If you’re in startup mode and have limited working capital to cover your operating expenses , you may be bootstrapping your way through the early days. This typically includes reviewing financial reports, overseeing budgets, managing overall financial planning, and more. When is the right time to hire an executive team?

CTO Hire 163

CTO Hire Fractional CTO CTO Hiring 163

VC Cafe

MAY 16, 2023

Pretraining LLM base models remains very expensive. LLMs leadeboard in ChatBot Arena High competition and no moat is giving investors jitters According to the State of AI Q1’23 report by CB Insights, during Q1 2023, AI startups raised $5.4B, a 66% drop from the previous year’s figure and a 43% decline quarter-over-quarter.

Artificial Inteligence 178

Artificial Inteligence ChatGPT Generative AI Open Source 178

YoungUpstarts

AUGUST 31, 2020

In fact, according to a McKinsey report , workers surveyed are looking to spend less time on repetitive manual tasks, and want to dedicate more time to meaningful aspects of their work. While this option is good for short gigs due to no upfront costs, it can be expensive for continuous or recurring labor.

Artificial Inteligence 214

Artificial Inteligence Mali Management Technical Review 214

Startup Professionals Musings

AUGUST 31, 2019

According to a recent Ernst & Young global report , the first half 2019 global IPO activity slowdown continued, following an unusually quiet Q1 2019 as ongoing geopolitical tensions and trade issues dampened IPO sentiment. Going public is an expensive process. Complying with Sarbanes-Oxley requirements is a heavy burden.

IPO 210

IPO SEC Prospectus Startup 210

YoungUpstarts

DECEMBER 16, 2019

Cash accounting records income when received and records expenses when paid. By contrast, accrual accounting records income when earned and records expenses when incurred, not when money is exchanged. This is because work billed in May but paid for in June shows up in May, and the same goes for expenses.

Software Review 147

Software Review Cash Position Finance Startup 147

VC Cafe

JANUARY 14, 2022

According to the 2021 Tech Review report by IVC , Israeli tech startups attracted a record of $25.6 Shortage of talent – Israel is a country of 9 million people, and according to a recent report by the Israel Innovation Authority, only about 334,000, about 9.8% Tel Aviv became the most expensive city in the world.

Technical Review 158

Technical Review Lock-up Period South Korea 158

The Startup Magazine

DECEMBER 29, 2022

A POS system automates accounting and reporting, allowing you to track inventory, sales, and cash flow. . It also helps you manage your employees by providing payroll reports and time off requests. For example, if someone decides to order wine with dinner instead of beer because it’s more expensive.

Management 139

Management Software Review Revenue Cost 139

Up and Running

MARCH 25, 2021

Look for changes in expenses. However, the situation becomes more worrisome when you see a major increase in expenses and can’t immediately pinpoint the cause. Perhaps you had $8,000 more in average expenses last year, despite recording relatively consistent figures until that point. Check for evidence of recurring charges.

Software Review 117

Software Review Forecast CPA United States 117

Up and Running

SEPTEMBER 15, 2021

According to Blissfully’s report, overall spend per company on SaaS has increased by 50% in 2020 as compared to 2018. In this blog, we are going to discuss some of the important practices to optimize product development and remove unnecessary startup expenses. Create a detailed requirement document.

Cost 158

Cost Developer Azure Cloud 158

The Startup Magazine

SEPTEMBER 17, 2023

The traditional use of car sharing, such as maintaining a large company fleet, is an expensive and inefficient option. Corporate software enables obtaining a detailed report on the efficiency of transport usage. car sharing software should have reservation, payment, vehicle tracking, as well as reporting functionality.

Software Review 138

Software Review Software Mobile Technical Review 138

Startup Professionals Musings

JULY 26, 2020

These include the following: Taking a company public is an expensive process. In addition, officers may face liability for misrepresentations or speaking out in public and SEC reports. It will take many months and require endless amounts of time, money, and energy. The public company corporate culture may not fit you and your startup.

Cost 319

Cost IPO Exit Strategy Initial Public Offering 319

Up and Running

APRIL 13, 2021

Short of some extremely expensive budgeting software for corporations, that was the only way to do it. If you don’t have more than 20 or so each rows of sales, costs, and expenses, then make the rows in the projected statement match the rows in the accounting. For costs and expenses, less is better. The same methodology applies.

Forecast 147

Forecast Matching Balance Sheet Software Review 147

Up and Running

OCTOBER 14, 2022

By doing so, you’ll have more consistent control over budgets and expenses while also devoting more time to your company’s more mission-critical, revenue-generating tasks. If you are firmly against using any sort of accounting software, you should still be tracking things in spreadsheets so you can generate simple reports.

Management 81

Management Balance Sheet Forecast Software Review 81

ReadWriteStart

OCTOBER 13, 2021

Shopify is quite popular for its unique online store designs , branding tools, customized services, and applications to make insightful decisions based on real-time reporting and other ready-made programs. Merchant tools such as reports and analytics help you keep an eye on profits and other metrics and make decisions accordingly.

Artificial Inteligence 78

Artificial Inteligence Technical Review Software Review Analytics 78

YoungUpstarts

DECEMBER 21, 2020

Though recovery may take time, a new report confirms the strength of entrepreneurialism and grit of small business owners, who remain optimistic that their businesses will overcome any present and future obstacle with the right resources and preparedness. Cutting expenses (36%). by Kathryn Petralia, cofounder of Kabbage.

Small Business 147

Small Business Cofounder United States Technical Review 147

Women Entrepreneurs Can

NOVEMBER 18, 2023

This provides instant access to working capital, which can be used for growth or to cover unexpected expenses. To qualify for invoice financing, a business needs to meet several criteria, including having a trading history and being able to produce an accounts receivable aging report.

Finance 52

Finance Artificial Inteligence Software Review Security 52

YoungUpstarts

JULY 18, 2018

Pull Reports and Check for Errors. But one way to improve your business credit profile is to regularly review your reports for errors. If the payment isn’t mirrored on your report, chances are a clerical error may be to blame. Here are four ways you can improve your business credit profile: 1.

Technical Review 113

Technical Review Small Business Administration Finance Metrics 113

The Startup Magazine

FEBRUARY 17, 2022

While you’re at it, you should calculate 3 of your deductions: business-based vehicle mileage, your internet and phone deductibles, and home office expenses. If they don’t match, you may be underreporting or overreporting your expenses. A Profit and Loss report for your business.

Software Review 141

Software Review Due Diligence Matching Security 141

Up and Running

SEPTEMBER 11, 2020

But not all items that land in expense reports are blatantly over-the-top. In fact, some of the biggest company expenses start off as cost-cutting measures. Unfortunately, while many expense-reduction strategies are well-intentioned, some have you paying more than you bargained for. Cutting costs vs. cutting corners.

Cost 150

Cost Technical Review Salary Social Media 150