Insights
Challenges in Preparing Annual Financial Statements
What are Annual Financial Statements? Annual financial statements are comprehensive reports that companies prepare at the end of their fiscal year to summarize their financial
Tips from Expert Founders On How They Scale Their Companies
The myth of easy success Founder, entrepreneur – it all seems so glamorous. These days it seems that the myth of the successful entrepreneur taking
Equity Financing vs. Debt Financing: What’s the Difference?
Financing your business There are many reasons why your business might need external funding – whether to cover initial expenses such as equipment, inventory, marketing,
Innovative Approaches to Fundraising: Exploring New Trends and Techniques
One of the biggest challenges entrepreneurs face is raising money for new business ideas or growth after startup. Unless you’re independently wealthy, you’re going to
Fraudulent Financial Reporting: How To Catch It And What To Do
Fraud, by its very nature, is deliberately hidden, and is therefore harder for financial experts to spot than other irregularities or honest errors. Financial fraud
Burn Rate: A Comprehensive Guide for Startups & Entrepreneurs
We’ve all heard the ominous phrase ‘burning through your cash’ – nobody want that! But what does the term ‘burn rate’ mean exactly, and is
4 Steps to Move Your Business in the Right Financial Direction
Understanding your business’s current financial situation The financial position of your company is important not only for the day-to-day running of your business but also
Founder Compensation: Are They Market-Related and Secured?
What is founder compensation? Most entrepreneurs put the needs and finances of their company ahead of their own. Putting in the hours and all their
Profit First Method: Increase Profit With This Formula
You’ve done all the planning and hard work to get your business off the ground. Perhaps you’ve even funding and outside investments. But suddenly you