How to Raise Pre-Seed Funding for Your Start-Up
If you are a first-time founder and your business is still in the proof-of-concept stage or not yet generating enough revenue to support your growth or expansion, you may be able to raise pre-seed funding from interested investors to get your business off the …
Tips to Streamline the Month End Close for Start-Up Businesses
Each month, businesses must undergo an accounting month end close process to verify account balances, identify and solve any discrepancies and produce monthly financial statements. This provides strong insight into the financial health of a business. Bookkeepers and accountants tend to start the monthly close …
Independent Contractors and Employees
The Difference Between Independent Contractors and Employees As start-ups and newly formed businesses map out their growth and hiring plans, its not abnormal to prioritise a mix of full-time employees and independent contractors for various reasons. There are important distinctions between independent contractors and employees …
Start-Up Employee Equity
Start-Up Employee Equity: What Every Founder Should Know If your early-stage start-up is looking to attract passionate and dedicated employees, equity compensation can help you build a team that is committed to making the business a success. Employee equity is the practice of granting stock to employees as …
How to Create a Start-up Budget from Scratch
Creating an effective budget is crucial to setting your business up for success. Without a clear understanding of your expected costs, the amount you need to succeed, and the amount of capital you have on-hand at any given time, you’ll likely never to be able …
Checklist for Starting a Business in Ireland
Starting a business can seem like a daunting process for many. We have outlined steps to guide you through the process and highlight some areas you may not have considered previously. Checklist for Starting a Business Test Your Business Idea A good business idea is …
Five Tips to Improve Financial Management for Start-Ups
Most start-up business founders do not have a finance or accounting background. Most of the time it may not make sense for a start-up business to hire a full-time finance manager. This sometimes means that financial management for start-ups is complex and daunting. Managing your …
How to Build a Seed Round Venture Capital Pitch Deck
A compelling start-up pitch deck can lead to the start of a great founder-investor relationship. Having a strong investor pitch deck can help start-ups obtain the investment they need. Having an over complicated pitch deck can lead you to miss out on funding opportunities. We …
Tips to Optimise Expense Management for Start-Ups
All businesses should have proper expense tracking and reconciliation in place. However, many start-up businesses often look only at their overall outgoings each month. This can lead to spending more than the business can afford, calculating cash on hand and cash zero date incorrectly, and …
Building a Start-Up Financial Model
A comprehensive financial model allows you to have good visibility into how your start-up’s financials will look down the line. Many early-stage businesses do not have a financial model in place, assume they do not need one at this point and are put off by …