Up and Running

AUGUST 29, 2014

Do I need to hire a Certified Public Accountant (CPA) for my small business? A Certified Public Accountant (CPA) is a state licensed professional who offers various accounting, auditing, tax, financial analysis, business valuation and consulting services. As a licensed professional, a CPA has to adhere to a code of professional ethics.

Small Business 87

Small Business CPA Government North America 87

Up and Running

JUNE 2, 2011

The SBA considers additional character points when reviewing a loan request: criminal background, citizenship and legal status within the US. There needs to be a comfortable buffer between what goes out (expenses) and what comes in (revenue). On this point it is important to have financial statements and understand them.

Vesting 82

Vesting CPA SBA Bankruptcy 82

Startup Professionals Musings

JUNE 23, 2023

The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back up the loan. Pay particular attention to the financials, and have a CPA friend review for reasonableness before presenting. Demonstrate an ability to repay from revenues, not collateral.

Silicon Valley 292

Silicon Valley CPA Startup Small Business Administration 292

Startup Professionals Musings

SEPTEMBER 27, 2020

The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back up the loan. Pay particular attention to the financials, and have a CPA friend review for reasonableness before presenting. Demonstrate an ability to repay from revenues, not collateral.

Silicon Valley 431

Silicon Valley CPA Small Business Administration SBA 431

Up and Running

MAY 28, 2015

There’s a lot of questions about what do you actually need in terms of information, if you’re going to do your forecasting, and how does one put together a revenue forecast if you’ve never started a business or your business is brand new. You don’t need a CPA. It is a very difficult proposition.

Lean 60

Lean Business Plan Video Software Review 60

Startup Professionals Musings

DECEMBER 1, 2018

The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back up the loan. Pay particular attention to the financials, and have a CPA friend review for reasonableness before presenting. Demonstrate an ability to repay from revenues, not collateral.

Silicon Valley 210

Silicon Valley CPA Small Business Administration SBA 210

Startup Professionals Musings

MAY 11, 2013

The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back up the loan. Pay particular attention to the financials, and have a CPA friend review for reasonableness before presenting. Demonstrate an ability to repay from revenues, not collateral.

Entrepreneur 252

Entrepreneur Angel Investor Silicon Valley CPA 252