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When Is It Time For Your Startup To Stop Relying On In-House Accounting?

YoungUpstarts

Most small businesses use cash accounting because it’s the easiest way to track cash flow. Since transactions are recorded at payment, you can track your cash position without adjusting the dates for your bills or invoices. Review Your Accounting Tools. Choose Your Ideal Accounting Resource.

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Create Structure out of the Gate and You’ll Thank Yourself Later

Feld Thoughts

His most recent company, Filtrbox, participated in the inaugural Techstars class (Techstars Boulder 2007) and was a win for all parties involved; Filtrbox was acquired in 2010 by Jive Software (NASDAQ: JIVE). They close on the $750k, hire a buddy or two, buy some Macs, and get to work. Three months in, the burn is now at $70k/month.

Burn Rate 152
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What to Look for in Equipment Hire Management Software

Women Entrepreneurs Can

One of the prime requirements for an equipment rental software is reliability, which is not as common among the equipment hire software providers as it should be. So, how do you find the right equipment hire management software for your company? Industry Specific Templates/Pre-Sets. Project Estimations.

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How to Run a Productive Monthly Business Plan Review Meeting

Up and Running

But, here at Palo Alto Software, we’ve found one meeting that is simply indispensable. This meeting is our monthly plan review meeting. Instead, it’s an ongoing process where we are constantly reviewing our process and adjusting course as necessary while ensuring that we’re staying on track toward our larger goals.

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10 Things Every Small Business Needs To Do

Up and Running

Do you depend on supplies that vary in price due to market conditions (fuel for instance)? There are a series of “levers” in your business that will affect your cash position. It turns out when they dug into the business they had multiple product lines that were dragging down the profits due to terrible margins.

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Cracking The Code: The Bessemer 10 laws of SaaS - Fall 2008.

Cracking the Code

Cracking The Code. Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. Only after reaching $1M in CMRR should you consider hiring European sales and services execs behind customer demand. Labels: SaaS , sales and marketing , software. at 11:09 AM.

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The Key Elements of the Financial Plan

Up and Running

Consider this: What happens when you send out an invoice to a client, but they don’t pay it by the due date? These kinds of things aren’t reflected in your profit and loss statement, but they are explained in your cash flow statement. That might sound like sales, expenses, and profits, but it’s not.