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[INTERVIEW] Michael Majeed, Finance Executive, SR&ED Tax Consultant

YoungUpstarts

Michael Majeed is quick to note the vast numbers of new startups that launch each year on the Canadian landscape, and he’s keenly interested in helping young business owners make the most of their opportunities, especially when it comes to their finances. Financial intelligence is important to anyone starting a company.

Finance 217
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A Brief Look At Understanding Income Statements And Balance Sheets

YoungUpstarts

The two key documents are the income statement and balance sheet, though there are more that come into play like the cash flow reports. So why are these documents important, and what is the difference between the income statement and balance sheet? Why You Need Income Statements And Balance Sheets.

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Tax and accounting treatment for website development costs

The Startup Magazine

Or does it go on the balance sheet and count as an asset? To show this progress you have to add up all the sources of revenue and the subtract all the expenses related to that revenue. If Adam had put his website on his balance sheet by mistake, he’d have been taxed on all his £100,000 profits.

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Revenue Recognition’s Effect On M&A

YoungUpstarts

There has been a lot of chatter regarding changes in revenue recognition criteria lately, but the effects it will have on the evaluation of companies planning an exit is just beginning to emerge. Specifically, the new standard will follow a five step model for revenue recognition: Identify the contract (the deal that has been reached).

Revenue 124
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Praying to the God of Valuation

Both Sides of the Table

We had nascent revenues, ridiculous cost structures and unrealistic valuations. Almost no financings, many VCs and tech startups cratered for the second time in less than a decade following the dot com bursting. Until we weren’t. 2001–2007: THE BUILDING YEARS The dot com bubble had burst. Nobody cared about our valuations any more.

Valuation 466
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How will a buyer value your business?  

Berkonomics

5 to 4 times gross revenues for similar businesses. Free cash flow is important when the buyer intends to finance the purchase using the revenue from the purchased company itself. 4. Book Value Method: This is the basic net worth of the Company on the balance sheet.

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

A Smart Bear: Startups and Marketing for Geeks

Late last year we passed $100M in annual recurring revenue. That revenue is in on 75,000 customers, earned through the hard work of 500 employees across six offices on three continents. This week we closed $250M in financing from Silver Lake , the premier technology private equity firm. We just announced a few more things.

Engineer 152