Some people say that money isn’t everything. At the end of the day in the business world, money is everything. Money monetizes your company’s success and is what keeps you running. While some believe startups don’t need an accountant, it’s best to have your money in order no matter what your company’s size is. This is why we strongly believe your startup needs some sort of accounting and why it’s on our Startup Biz Checklist.
As an entrepreneur starting your own business, you are going to be really, really busy. The days will become shorter and your time will become valuable. How you manage your accounting isn’t something you want to skimp on. Not to mention, taxes are a pain, especially for new business owners.
Staying on top of your accounting will also makes growth easier and looks great in the eyes of investors. They will be able to provide financial projections and data that will allow you to pitch your company effectively.
Our partners at FreshBooks have a solution to help startups and small businesses avoid those accounting pitfalls and allow your company to capitalize its success. Stay tuned for our next blog post featuring FreshBooks and how they can help you.