Startups Accounting Services
We’ve helped dozens of startups solve their accounting problems. Whether you need help with bookkeeping, investor deck building, tax filing, or payroll, we’ve got you covered!
The Problem: Most founders choose a DIY approach for their accounting and make the classic mistake of doing everything in their business to save money. We understand where you’re coming from. You want to keep your expenses low and preserve cash. We get it.
Although saving a bit of money in the short term is tempting, we believe this can be a costly decision in the long term. Here is why:
You might spend 20 hours each month doing your accounting and save $300 by not paying for an outsourced bookkeeper or CFO. But have you ever wondered what would happen if you spent 20 hours per month getting new customers or increasing sales in your business instead of bookkeeping?
If you can spend 20 hours and make an additional $1,000 in revenue for your business, it’s a no-brainer. You’ve basically paid for the cost of outsourcing bookkeeping at $300 and made an extra $700.
The opportunity cost of outsourcing your bookkeeping comes down to the old adage “In trying to save a few pennies, don’t be penny wise and pound foolish.”
Our startup accounting services include:
- CFO services
- SR&ED filing
- Corporate tax filing
- CRA audit assistance
- FP&A (Financial Planning & Analysis)
- Business modeling
- Cash flow management and planning
- Cap table management
- Grant assistance
- GST/HST filing
Our Startup Accounting Services
Bookkeeping for Startups
Our bookkeeping services are used by dozens of startups. We use a “high touch” customer service approach by taking the time to sit down with you to understand how your business works, how clients pay you, and how revenue should be recognized.
We take the time to understand your business to ensure that we develop a bookkeeping solution that utilizes technology and apps to make the process automatic, accurate, and seamless.
We will design an accounting tech stack for you based on three pillars:
- Record accounting transactions (Xero, QuickBooks Online)
- Keep track of expenses (Dext, Hubdoc)
- Integrate payments (Plooto, Stripe, Wise)
Business Modeling for Startups
We’ve worked with dozens of startups to develop business models and projections used for fundraising, board reporting, or business planning. If you need help developing a financial model for your business or require assistance developing financial projections, we can help.
Our team is uniquely positioned to help you with budgeting, forecasting, and business modelling. Whether you’re just getting started, thinking of expanding, or would like to make an acquisition, our professionals can help you with your decision.
Financial Planning & Analysis (FP&A) for Startups
Our FP&A services help companies forecast future business growth and profitability while considering economic trends and reviewing past performance. If you’re looking for help with day-to-day operational decisions such as guidance on hiring decisions, launching a new product line or service, or international expansion, our professionals can help you develop forecasts and business cases to provide the data and insights you need for decision-making.