Simple Startup Blog

See the financial issues being discussed in our most recent blog posts.

Any business owner worth their salt knows how important clean books and great, investment-ready accounting is to the health of their business. It’s the very heart of business growth! And this includes how to properly integrate deferred revenue into your accounting practices. In this blog, we’ll discuss what deferred revenue is, where exactly it…
Planning is always key and this has never been more true than when it comes to dealing with your money! As a small business owner, the influx and outflux of capital is probably always on your mind. And so, when you receive a big influx of cash from a loan or an investment, how…
Technology has facilitated it, the pandemic accelerated it, and organizations are dealing with it. It’s not news any more. Remote working is here to stay in some shape or form. What isn’t quite as clear is how we, as business owners and managers, make the most of it. How do we replace the subtleties…
What is a Financial Runaway? In the startup world, the concept of your financial runway is used to assess the number of months until new capital needs to be raised (or you need to find more cash) so your business can survive and keep on growing. It’s all about making sure that you know…
As you’ll probably already know, business are built on a host of decisions, big and small. One such decision is the type of entity you choose to register your business as and what implications this decision has for your business tax-wise. In this blog, we’ll go through the differences between an S-Corp and a…
In the second installment of our financial statement series where we address the balance sheet, income statement, and cash flow statement and the inter-relationship between the three statements, we’re talking about income statements. What is an Income Statement? An income statement, alongside your balance sheet and cash flow statement, gives you a good idea…
Let’s say you’re a relatively young business, you’ve experienced initial success and growth, but now you feel like you’re hitting a wall with your growth initiatives. It might be time to consider financial modeling and budgeting, with the support of an expert, to help you get over your growth hump. We’ve pulled together a…