article thumbnail

What Is a Balance Sheet?

Up and Running

If you’re in the process of starting a business or writing a business plan document, you’ll have heard the phrase “balance sheet” mentioned, or maybe you’ve seen one in a sample business plan. Now that we’ve had a general overview of the balance sheet, let’s take a deeper look at the information a balance sheet should include.

article thumbnail

Tax and accounting treatment for website development costs

The Startup Magazine

Or does it go on the balance sheet and count as an asset? If Adam had put his website on his balance sheet by mistake, he’d have been taxed on all his £100,000 profits. If you’re unsure of what a balance sheet is – it’s a statement of the assets, liabilities and capital of a business. But which part?

Insiders

Sign Up for our Newsletter

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

article thumbnail

What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

I was reading Danielle Morrill’s blog post today on whether one’s “ Startup Burn Rate is Normal. We want a strong balance sheet (um, ok. but that’s our firm’s money on your balance sheet. I call this “using your balance sheet as a strategic weapon.”

Burn Rate 383
article thumbnail

How To Start a Dry Carpet Cleaning Service

The Startup Magazine

This blog aims to guide you through the process, from the initial steps of conducting market research to operational management, hiring staff, and more. Regular monitoring and evaluation of income statements, balance sheets, cash flow statements will help you make informed decisions regarding spending and investments in the future.

article thumbnail

WP Engine passes $100M in revenue and secures $250M investment from Silver Lake

A Smart Bear: Startups and Marketing for Geeks

Of course a nice chunk is primary capital, i.e. for the company balance sheet, to invest in growth initiatives, security and quality, and advancing our existing strategic priorities through acceleration and de-risking. We just announced a few more things. Late last year we passed $100M in annual recurring revenue.

Engineer 152
article thumbnail

Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors

Steve Blank

This article first appeared on the Harvard Business Review blog. Next, they use the financial press and blogs to spread their message to the institutional investors. Jeff Immelt ran GE for 16 years. They then buy stock in these public companies and attempt to convince management to increase the price of the shares.

article thumbnail

5 Tasks Startups Can Outsource to Professionals

Women Entrepreneurs Can

This blog post will go over five tasks startup businesses should consider outsourcing. Running a startup also requires an understanding of cash flow, balance sheets, and budgets. However, there are many tasks that startups should outsource to professionals to free up time for more critical work. Tax and Accounting.