The Startup Magazine

OCTOBER 14, 2021

The Startup Magazine continues our Founder Interview series with entrepreneur Richard Lavina, Co-Founder and CEO of accounting services platform, Taxfyle. Richard Lavina, CPA, Co-Founder and CEO of Taxfyle. Here are Richard’s insights and startup advice he shared with us about his entrepreneurial journey….

CPA 172

CPA Founder Vertical Cofounder 172

Hearpreneur

DECEMBER 8, 2019

Often entrepreneurs and business owners create their New Year’s Resolutions around their business. We asked entrepreneurs to share their biggest goals and what they were looking forward to in 2020. #1- 2- Get more serious about eco-friendly travel and content. 1- Delegate and expand. Photo Credit: Dale Johnson. 4- Visibility.

Entrepreneur 62

Entrepreneur Security SEO Community 62

Hearpreneur

MARCH 16, 2018

We asked some entrepreneurs and business owners, why they started their businesses: #1- After a disappointment on my biggest day. I love it because it’s something that I’m truly passionate about. Everything was about profitability and earnings. There was a HUGE issue here that nobody was doing anything about it.

Entrepreneur 100

Entrepreneur Cuba Haiti Technical Review 100

Up and Running

MARCH 4, 2014

For those of us with an entrepreneurial spirit, the benefits of working from home (autonomy, flexibility, comfort) often outweigh the costs (distractions, interruptions, isolation). No More Commuting Costs. Plus that’s half the oil changes, annual inspections, and other costs for us. No More (or At Least a Lot Less) Eating Out.

CPA 77

CPA Software Review Cost Salary 77

The Equity Kicker

MAY 3, 2018

Calculating an accurate CPA by channel is a good example of something that sounds simple, but is notoriously difficult in practice. So entrepreneurs do the best they can, and develop proxy metrics. That works great whilst everyone remembers that they are proxies. That works great whilst everyone remembers that they are proxies.

Metrics 87

Metrics CPA Early Stage Retention 87

YoungUpstarts

JULY 11, 2017

Small business owners and entrepreneurs often find themselves dealing with two separate yet related issues: One is the trouble of doing their own books (including navigating the complex tax system) when that’s really not a core competency and takes them away from things they actually got into business to do. But, it gets old really fast.

Phoenix 127

Phoenix North America Management Entrepreneur 127

YoungUpstarts

MARCH 31, 2016

There’s a lot of focus these days on teaching entrepreneurs how to do startups right : Validate the market before you build a prototype. The truth is, there are “wrong” mistakes that entrepreneurs can make early in the game, mistakes that will impact a startup’s ability to attract capital investment later on. Conserve cash.

United Kingdom 100

United Kingdom Entrepreneur Oklahoma Ohio 100

Hearpreneur

JANUARY 8, 2020

We asked entrepreneurs and business owners how they make bold decisions and here are the responses. #1- It may come at a significant expense but not having the right advice can often end up costing more. In other words, the decisions that an entrepreneur makes can either build or destroy a company’s assets.

Entrepreneur 126

Entrepreneur Due Diligence LLC .Net 126

Up and Running

APRIL 2, 2015

One of the first things overly-optimistic entrepreneurs discover as they look for funding is that banks don’t fund business plans. If you need to know more about Accounts Payable, just read our guide that explains things simply. CPAs get sued over bad audits. In their defense, it would be against banking law if they did.

Balance Sheet 60

Balance Sheet SBA Covenant Technical Review 60

Agile VC

APRIL 17, 2011

How To Think About The Future. Last week ZipCar began trading and has a market cap of about $1 billion. Distribution revenue is CPC and CPA. . So these three companies account for about half Kayak’s revenues today. How to Evaluate Firms for a Seed VC. AGILEVC My idle thoughts on tech startups. April 17, 2011.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

YoungUpstarts

AUGUST 12, 2019

Now – the beginning of your business – is the best time to think about its end. Your business needs to have a strong enough infrastructure to increase or decrease production as needed while maintaining or decreasing costs. Get help from advisory professionals (accountant, CFP, CPA, banker, lawyer, etc.). Conclusion.

Widget 178

Widget Intellectual Property CPA Sales 178

Startup Professionals Musings

OCTOBER 3, 2010

In this context, there are many parameters and concepts you need to understand before you buy advertising: Cost per impression (CPI). Cost per click (CPC). Cost per action (CPA). Popular keywords have higher costs. Advertising is all about getting the most results for the least cost. Marty Zwilling.

Search 225

Search Engineer SEM Widget 225

Up and Running

APRIL 13, 2016

If you are one of the many entrepreneurs interested in opening a marijuana dispensary, this article can guide you through the necessary steps. There are a lot of rules to follow and I would strongly advise that people get help right from the get-go: a lawyer and a CPA,” says Lincoln. Cost of license. Licensing application fee.

San Diego 60

San Diego Colorado California Business Plan 60

Austin Startup

OCTOBER 3, 2019

Once accepted, we help these startups meet their first investors, employees and customers with the support of our Investor Relations and VIP teams as well as our exclusive Mentor network of the top entrepreneurs and investors in Texas. Take a look at the most recent group of companies to join our VIP Accelerator below.

Curation 48

Curation Artificial Inteligence CPA Texas 48

Up and Running

JULY 11, 2014

If you’re about to start a business, you’ve probably read several how-to books looking for advice on how to be successful. If you have to sell 10,000 more units to cover the cost of an expense, it might not be worth it.”. Even if you’re a solo entrepreneur, an accountant can help you make wise financial decisions, Passley says.

CPA 108

CPA Baltimore Maryland .Net 108

Small Business Force

FEBRUARY 21, 2014

In early stage companies (and even some later stage or mature ones), there is no one area where most entrepreneurs and small business owners are lacking in just basic fundamentals, than in dealing with their company's finances and financial management. And this is especially true, if the entrepreneur is not a financial person by training.

Finance 37

Finance Management Forecast Entrepreneur 37

Women Entrepreneurs Can

NOVEMBER 14, 2021

Most entrepreneurs would rather do almost anything instead of keeping their books. How Much Do I Know About Accounting Now? A solo entrepreneur may only need the basic reporting required to file an annual tax return, while public companies need sophisticated reporting and planning capabilities. About the Author.

Software 59

Software Small Business Southern California San Francisco 59

Mike Michalowicz

NOVEMBER 11, 2021

Michael Buzinski, President & CMO of Buzzworthy Website Marketing , is a lifelong entrepreneur, digital marketing thought leader, best-selling author, and US Air Force Veteran. Her team helps lifestyle-driven entrepreneurs take back their freedom through powerful systems and effective delegation. Denise W.

Paraguay 84

Paraguay Cofounder Cleveland Email 84

Startup Lessons Learned

JUNE 5, 2009

That’s because the model is based on assumptions about customers that are totally unproven. When the project winds up getting cancelled for failing to meet its ROI justification, it’s natural for the entrepreneur to feel like it was the CFO – and their innovation-sucking spreadsheet – that is the real cause.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Both Sides of the Table

FEBRUARY 21, 2010

One recession later and the US advertising market is about $245 billion – but still only 10-12% is online and measurable. At at time where nearly all advertising was purchased on a CPM (cost per thousand) basis and not very measurable this was a huge innovation that should be credited to Bill Gross, the founder of IdeaLab.

Advertising 284

Advertising Las Vegas Affiliate RSS 284

ConversionXL

SEPTEMBER 28, 2017

3) Customer Acquisition Cost. Your budgetary number for how much you spend to acquire a customer is known as the “ customer acquisition cost ” (CAC). The initial cost per customer should be less than the profit made once they’re converted (or be lower than LTV if you know it). Customer Acquisition Cost. Conversion Rate.

Metrics 121

Metrics Acquisition Conversion Revenue 121

Up and Running

MAY 28, 2015

He is the known guru in business planning, particularly for small businesses, startups and entrepreneurs, although he’s worked with Fortune 100 and Fortune 500 companies as well. It’s all about making your business life easier, doing what works best, getting the best results by tracking what works and always improving.

Lean 60

Lean Business Plan Video Software Review 60

Gust

OCTOBER 6, 2011

In my conversations with people in the startup world – from angel investors through entrepreneurs and employees with vast startup experience – I often hear about their perceptions of the marketing role as being pretty limited to acquisition. It is shocking to me how prevalent this POV is.

Acquisition 87

Acquisition Marketing CPA PPC 87

Hearpreneur

DECEMBER 25, 2019

We asked some entrepreneurs and business owners, why they started their businesses: #1- Two reasons. I was so excited I loaded up my little red wagon with beautiful hemp plants and pulled it down Pearl Street Mall in Boulder talking with everyone who would listen about CBD, hemp and its potential benefits. Photo Credit: Jason Power.

Entrepreneur 130

Entrepreneur Technical Review LLC Software Review 130

The Next Web

JUNE 15, 2015

As a company that started locally in Canada — and currently making a push to expand into the US market and other countries — we have taken on a number of strategies that will help many entrepreneurs work around the challenges that continue to face small business expansion overseas. Talent-Driven Expansion.

Global 60

Global Burn Rate Startup CPA 60

infochachkie.com

SEPTEMBER 24, 2011

About Who the Heck is Uncle Saul? Hands-on startup advice for emerging entrepreneurs. Surely, among the tens of thousands of effective and honest consultants running about, a significant number of them are well positioned to help startups – right? One of the best things about being an entrepreneur is that there are no rules.

Equity 40

Equity Silicon Valley Cofounder PR 40

Up and Running

FEBRUARY 27, 2014

There is a lot of advice out there saying that you should find something you are passionate about “and you won’t work another day in your life.” You can be passionate about a hobby now and turn it into a business later, and you’ll have fun doing something every day that will support you and your family. Things evolve.

Vesting 101

Vesting Cloud CPA Finance 101

Up and Running

MARCH 14, 2017

This is an old one—we’ve mentioned it on Bplans before—and so I will focus on giving a few recommendations about the actual process to complement the knowledge already amassed. Everyone just wanted you to feel good and confident about your business endeavor because you’re such a likable person, and in consequence, you now have a big problem.

Business Plan 94

Business Plan PPC Lean Campaign 94

Up and Running

FEBRUARY 9, 2015

I had the opportunity to speak with Melinda Emerson, the “SmallBizLady” and America’s #1 small business expert, who took the opportunity to share with us her proven, step-by-step method to transition from employee to entrepreneur. I’m just going to give everybody another about 30 seconds to finish logging on.

Social Media 60

Social Media Small Business Software Review Technical Review 60

www.readwriteweb.com

SEPTEMBER 7, 2010

Calculation : See the Google Spreadsheet Carson admits this is a "pretty tricky number to compute," adding that "essentially this helps you understand how much profit each customer brings you, after all your costs." CACR Definition : CACR is "Customer Acquisition Cost Ratio." CPA Definition : CPA is "Cost per Acquisition."

Metrics 58

Metrics CPA Illinois Acquisition 58

Up and Running

MAY 1, 2018

It had never been my dream to own my own business and become an entrepreneur. I became an entrepreneur. . Not only did I learn a lot about the ups and downs of the hospitality industry from David Caples of Elizabeth Point Lodge, Fernandina Beach, Florida, but I also made a great friend. . Have a bookkeeper and a CPA.

Florida 102

Florida CPA Dallas America 102

www.readwriteweb.com

SEPTEMBER 7, 2010

Calculation : See the Google Spreadsheet Carson admits this is a "pretty tricky number to compute," adding that "essentially this helps you understand how much profit each customer brings you, after all your costs." CACR Definition : CACR is "Customer Acquisition Cost Ratio." CPA Definition : CPA is "Cost per Acquisition."

Metrics 58

Metrics CPA Illinois Acquisition 58

ConversionXL

MARCH 13, 2013

Only took me about 2 years. What about costs? So how about some examples of actionable metrics. So with that in mind, ask yourself this: What assumptions am I making about my business and what information do I need to test those assumptions? This is a guest post by Dan Norris from Informly. Get more revenue?

Metrics 111

Metrics Analytics Aggregator Revenue 111

Mike Michalowicz

AUGUST 3, 2015

David sheds some light on the world of credit reporting, and Kacee talks about how to create a solid business plan for your company. Awarded the CPA Practice Advisor Magazine’s “Top 40 Under 40” Award in 2012 and 2013, she is recognized as one of the young professionals leading businesses into the future. Also Available On.

Iceland 60

Iceland CPA Europe B2C 60

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). Sorry about that.) Minimum viable product is a tactic for mitigating risk.

Customer 156

Customer San Francisco Viral Lean 156

Entrepreneurs-Journey.com by Yaro Starak

MARCH 10, 2011

In part one of this post titled, How I Started, Grew & Sold An E-commerce Business For Quarter Million Dollars ($250,000) , I wrote about how I came about the idea for the e-commerce website that I started, grew and sold, while on an international work-related trip. Think about potential inventory breakage and obsolescence.

Technical Review 71

Technical Review PPC Due Diligence Exit Strategy 71

Software By Rob

JULY 21, 2011

However, over the past several years running my own businesses and working with hundreds of entrepreneurs, I’ve found a fourth ingredient that’s necessary for a company to succeed: Customers must give you more money than what you spend to acquire them. Let’s think about this for a moment. your CPA jumps to $800.

CPA 73

CPA Churn Rate Customer Acquisition 73