Generally speaking, startups present a particular set of circumstances. During the planning and pre-launch phase there are irregular but notable spikes in spending including expenditures related to setting up an office space, establishing a footprint in the industry, and keeping a top-notch bench of employees, not to mention the actual development of the product or service.

On the other side of that, startups have to keep their investors happy. While most investors are thrilled to be in on the ground floor of something they believe in, they also want to feel confident about its foundation.  Besides seeing the company come to fruition, they want to make sure expenses are responsibly handled throughout and that the company is remaining compliant with applicable tax, labor, and business bureaus.

Beyond ensuring that expenses are booked properly for tax purposes, we also work with startups to create financial reports that highlight the relevant and important figures that investors care about - which will differ from company to company. Further, having a third-party handling your books gives your investors peace of mind that no one is taking a joyride on their dime.