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Sep 09, 2020

Accounting Services, Personalized For Startups

Startups are not like small businesses. They are built differently and have specific needs that most small businesses rarely encounter. This is why we are diving into why you should seek out accounting services that are personalized for startups.

Tech

No startup is clueless when it comes to technology - and your accountant shouldn't be either. Most of us who work in business understand technology at a basic level, but startups often are the first to try something new.

Your accountant needs to operate the same. They need to be able to provide you with the newest apps that make running your business streamlined. This includes your accounting!

Here are a few of our favorites that you need to jump on:

Forward Thinking

You are going to struggle to work with an accountant who does not understand your business. Take AirBnb for example. They were a startup that many business gurus thought would tank. Who would ever be brave enough to rent out their home short-term? Who would even want to stay in it?

Turns out, a lot of people.

Accountants already have a reputation for being buttoned up and old-fashioned, so make sure whoever you are working with believes in your SAAS or product as much as you do.

 

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Hourly Billing

You have limited funding - why waste it on asking a simple tax question? Too many accountants charge by the hour and frankly, we think it's just wrong. 

Great accountants charge flat rates because they are experienced enough to know how much work will go into your project. 

This eliminates the worry of calling your accountant and finding you have a new invoice in your email about something that was concerning you.

 

Startups have different needs than small businesses. So you need an accountant that understands those needs and can be flexible enough to meet you where you are at.

If you are ready to work with an accountant who is as forward-thinking as you, send us a message.

 

 

Disclaimer:

This publication is designed to provide information on federal tax and accounting laws and/or regulations. It is presented with the understanding that the author is not rendering legal or accounting services.

This text is not intended to address every situation that arises or provide specific, strategic tax and/or accounting planning advice. This text should not be used solely to answer tax and/or accounting questions and you should consult additional sources of information, as needed, to determine the solution to tax and/or accounting questions.

This text has been prepared with due diligence. However, the possibility of mechanical or human error does exist and the author accepts no responsibility or liability regarding this material and its use. This text is not intended or written by the practitioner to be used and cannot be used by a taxpayer or tax return preparer, for the purpose of avoiding penalties that may be imposed.

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