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Financial Benchmarks for SaaS Startups, a Self-Assessment Tool

BurklandAssociates

One of the most frequent questions Burkland CFOs receive from our SaaS startup clients and their investors is, “how do we compare to other SaaS startups?” ” It is a good Read More. The post Financial Benchmarks for SaaS Startups, a Self-Assessment Tool appeared first on Burkland.

Improve Your SaaS Gross Margin

BurklandAssociates

Gross margin is a critical metric for SaaS startups to measure and improve. Low margins aren’t healthy or sustainable for most SaaS companies, and gross margin is one of the Read More. The post Improve Your SaaS Gross Margin appeared first on Burkland. Accounting CFO Insights Financial Modeling Saa

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Four Things Startup Founders Should Do Now to Prepare for a Downturn

BurklandAssociates

As noted in my May email, we recommend taking action from the downturn playbook now. In today’s article, I’ll share four things startup founders should do to prepare for a Read More. The post Four Things Startup Founders Should Do Now to Prepare for a Downturn appeared first on Burkland.

Critical Series A Finance Metrics for SaaS Startups

BurklandAssociates

SaaS startups need strong metrics for Series A funding that demonstrate traction, growth, profitability, and efficiency. The post Critical Series A Finance Metrics for SaaS Startups appeared first on Burkland. CFO Insights Financial Modeling Fundraising SaaS

5 Pain Points Every Small to Medium-Sized Accounting Firm Experiences

These are the top 5 pain points that come up over and over again when we talk to small to medium-sized accounting firms. Let's break each one down and talk about solutions!

3 Tools to Extend Your Startup’s Cash Runway

BurklandAssociates

We first published this article as part of a three-part series to help startups in the early weeks of the Covid downturn. In light of current world events and economic Read More. The post 3 Tools to Extend Your Startup’s Cash Runway appeared first on Burkland.

The 3 C’s of Downturn Planning: Cash, Communication, Contingency

BurklandAssociates

This conversation is from an episode of Startup Success. In this special episode, Burkland’s Steve Lord, CFO Fintech Practice Lead, and Daniel Rosenbaum, Burkland Consulting CFO, give candid advice on Read More.

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People Operations vs. HR: What’s the Difference?

BurklandAssociates

In 2006 Google renamed its HR department “People Operations”. Since then, the term has seen a steady rise in adoption among companies of all sizes. People Operations” Interest Over Time: Read More. The post People Operations vs. HR: What’s the Difference? appeared first on Burkland.

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What is a Startup CFO’s Role in Fundraising?

BurklandAssociates

Even in a down market, 2022 has the potential to be a solid year for fundraising for startups with a sizable market opportunity, proven product-market fit, and solid metrics. As Read More. The post What is a Startup CFO’s Role in Fundraising? appeared first on Burkland.

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Our New TechCrunch Article on Remote Work Laws & Tax Guidelines for Startups

BurklandAssociates

Burkland’s Managing Director, Tax Practice, Ardy Esmaeili, CPA contributed an article to TechCrunch this month; Starting up remotely? Keep these labor laws and tax guidelines in mind. Our team has Read More.

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When Should My Startup Raise Series A Funding?

BurklandAssociates

Your startup should raise Series A funding once you’re beyond the MVP stage, have a proven product-market fit, and are ready to accelerate growth. The post When Should My Startup Raise Series A Funding? appeared first on Burkland. CFO Insights Financial Modeling Fundraising SaaS

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Cyber Security, Change Management and Enterprise Risk Management: Scaling Operations for Growth

Speaker: William Hord, Vice President of Risk Management and Compliance

Join us as we discuss the various tangents of data and the change management process that will help you make better risk-based business decisions to save time and money for your organization.

Soft Skills: The Key to Making Good CFOs Great CFOs

BurklandAssociates

Conventional wisdom holds that the person leading a business's finance function is highly quantitative by nature. By and large, this is true. But after working with hundreds of venture-backed startups Read More. The post Soft Skills: The Key to Making Good CFOs Great CFOs appeared first on Burkland.

Is My Startup Ready for a Fractional CFO?

BurklandAssociates

The fractional CFO model has seen a big rise in popularity among startups in recent years. Solid financial guidance is one of the keys to scaling a startup, and a Read More. The post Is My Startup Ready for a Fractional CFO? appeared first on Burkland. CFO Insights Financial Modeling Fundraising

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How Much Money Should My Startup Raise at Series A?

BurklandAssociates

Raise enough money to cover 18-24 months of runway based on your growth plans after the round while preserving as much equity as possible. The post How Much Money Should My Startup Raise at Series A? appeared first on Burkland. Accounting CFO Insights Financial Modeling Fundraising SaaS

Six Key Things Crypto Startups Should Know About Finance

BurklandAssociates

The last two years have seen explosive growth in the number and size of crypto startups. The startup ecosystem experiences the normal ebbs and flows of mood and macroeconomics over Read More. The post Six Key Things Crypto Startups Should Know About Finance appeared first on Burkland.

Sales & Operations Planning (S&OP) Process for Startups

BurklandAssociates

This article is the second installment of a two-part series on supply chain challenges and Sales & Operations Planning (S&OP) for startups. In last week’s article we examined cash management Read More.

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How Preparation and Strategy Can Be Used to Fight and Defeat Any Ransomware Attack

Speaker: Karl Camilleri, Cloud Services Product Manager at phoenixNAP

Through a detailed analysis of major attacks and their consequences, Karl Camilleri, Cloud Services Product Manager at phoenixNAP, will discuss the state of ransomware and future predictions, as well as provide best practices for attack prevention and recovery.

Cash Management & Supply Chain Challenges of Startups

BurklandAssociates

This article is the first installment of a two-part series on cash management and supply chain challenges of startups. Check back next week for the second installment, where we’ll explore Read More. The post Cash Management & Supply Chain Challenges of Startups appeared first on Burkland.

8 Common Startup Tax Mistakes to Avoid

BurklandAssociates

It’s easy to forget about taxes in the early days of a startup’s formation when you are pre-revenue and working on product or service market fit. It’s understandable why most Read More. The post 8 Common Startup Tax Mistakes to Avoid appeared first on Burkland. Taxes

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How to Prepare Your Startup for the Future of Work

BurklandAssociates

What will the future of work for startups look like? Shahar Erez, Co-Founder & CEO of Stoke Talent, joined us on Startup Success to share his thoughts on the future Read More. The post How to Prepare Your Startup for the Future of Work appeared first on Burkland. HR Operations

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2021 Favorites from Burkland’s Blog for Startups & Investors

BurklandAssociates

As we get ready to head into 2022, Burkland is ending this year by looking back at six of our readers’ favorite blog posts from 2021. These articles are selected Read More. The post 2021 Favorites from Burkland’s Blog for Startups & Investors appeared first on Burkland.

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by speeding up the month-end close and better managing your remote teams.

Surviving Due Diligence, Part 4: Quality of Earnings

BurklandAssociates

Welcome to the fourth installment of our Surviving Due Diligence series, a collection of best practices and tips to help startups successfully get through the due diligence process that precedes Read More. The post Surviving Due Diligence, Part 4: Quality of Earnings appeared first on Burkland.

The Top Four Finance Pain Points for Consumer Startups

BurklandAssociates

I’ve spoken with hundreds of founders at Consumer startups over the years, and from a Finance and Accounting perspective, the same four pain points come up over and over again. Read More. The post The Top Four Finance Pain Points for Consumer Startups appeared first on Burkland.

Advice for Founders from a Fractional CFO for Startups

BurklandAssociates

Some of my best tactical and strategic advice gleaned from two decades of working with startups in different stages and sectors. The post Advice for Founders from a Fractional CFO for Startups appeared first on Burkland. Accounting CFO Insights Financial Modeling Fundraising Taxes

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PPP Forgiveness & Tax Update

BurklandAssociates

Many have asked for the latest update on PPP forgiveness. There are a few Burkland clients who have submitted their PPP forgiveness application, were approved, and had their loan fully Read More. The post PPP Forgiveness & Tax Update appeared first on Burkland.

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Live Demo: Supercharge Your Month-End Close

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation, such as ART (our month-end close solution), into your processes can help you reach the next level of closing.

Taking a Look at Alternative Financing Options for Consumer Startups

BurklandAssociates

Much has changed in the consumer startup market over the last couple of years. For one, SaaS enterprise investors who had dipped their toes into the consumer space are now Read More. The post Taking a Look at Alternative Financing Options for Consumer Startups appeared first on Burkland.

Our New TechCrunch Article on R&D Tax Credit Resources for Startups

BurklandAssociates

Burkland’s Tax Services lead, Ardy Esmaeili, CPA contributed an article to TechCrunch this week, What US Startup Founders Need to Know About the R&D Tax Credit. Our tax team has Read More.

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Diversity in Venture Capital & Startups, a Conversation with Alpha Bridge Ventures

BurklandAssociates

Howie Diamond is a Co-Founder and Managing Partner of Alpha Bridge Ventures. Howie recently joined Burkland’s Ruben Austin for a discussion about diversity in venture capital and startups. Q: Please Read More.

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My Startup Got Our First Big VC Check. What Should I Do with It?

BurklandAssociates

What do you do when you start getting those checks with a lot of zeros on the end? The post My Startup Got Our First Big VC Check. What Should I Do with It? appeared first on Burkland. Accounting CFO Insights Financial Modeling Fundraising Uncategorized

Happily Ever After: Core Guiding Principles to Achieving a Fairy Tale Month-End Close

Happily Ever After doesn’t just happen, except of course, in fairy tales. Hard work alone is not enough for month-end close best practices. It requires discipline, teamwork, and the right tools. All of this is within reach. Discover how your organization can achieve a Happily Ever After close.

What to Look for When Hiring a Fractional CFO for Your Startup

BurklandAssociates

Hiring a fractional CFO is a significant milestone and an important strategic move for your startup. Even on an outsourced basis, your CFO is one of the pillars of your Read More. The post What to Look for When Hiring a Fractional CFO for Your Startup appeared first on Burkland.

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What’s a Good LTV:CAC Ratio for a SaaS Startup?

BurklandAssociates

Summary: LTV, or Lifetime Value of a Customer, is the average total revenue one customer generates for your business over their lifetime. CAC, or Customer Acquisition Cost, is simply the Read More. The post What’s a Good LTV:CAC Ratio for a SaaS Startup? appeared first on Burkland.

Fintech Landscape in 2022: Insights from a Fintech Co-Founder

BurklandAssociates

In 2021, few industries received more venture capital investment than fintech, and many industry observers predict 2022 will be another banner investment year for the sector. To guide you through Read More.

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How to Lower Your Investment Risk in a Startup

BurklandAssociates

Who is the Startup’s Banking Partner? A startup should have a business account with a bank that specializes in startups. Startup Banking Dos & Don’ts Open a bank account Read More. The post How to Lower Your Investment Risk in a Startup appeared first on Burkland. CFO Insights Fundraising

Perfecting the Close Checklist

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Let’s get up close and personal with balance sheet reconciliations to better understand the purpose behind this activity, so often taken for granted. Let’s rediscover the power of reconciling the balance sheet, the best way to approach the work, and the pitfalls to avoid when preparing or examining reconciliations.

Foodtech Investment is Accelerating, Especially in BioEngineered Foods

BurklandAssociates

As concern over global warming grows around the world, VC investment continues to accelerate in Foodtech. The sector positions itself as a sustainable alternative to the existing food ecosystem and Read More.

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2022 Tax Deadlines for Startups

BurklandAssociates

Estimate your tax preparation costs using our Startup Tax Preparation Cost Calculator. 2022 Tax Calendars 2022 U.S. Tax Deadlines for Startups 2022 San Francisco Tax Deadlines for Startups 2022 New Read More. The post 2022 Tax Deadlines for Startups appeared first on Burkland. Taxes

Surviving Due Diligence, Part 3: Cap Tables

BurklandAssociates

Welcome to the third post of our Surviving Due Diligence series of tips and suggestions for startups exploring or undergoing investment rounds, exit conversations, and other transactions. Early-stage founders, particularly Read More.

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Inside Highlights from Burkland’s #CFO Slack Channel

BurklandAssociates

Highlights from a few of 2021’s most relevant and thought-provoking knowledgeshare discussions. The post Inside Highlights from Burkland’s #CFO Slack Channel appeared first on Burkland. Accounting CFO Insights Fundraising Operations SaaS

Management Techniques for Offshore Employees

This whitepaper looks at the changes and challenges that stem from remote hiring and current HR trends that address them. Download this comprehensive guide to learn more!