Tag: denver
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7 Scary Pitfalls of Using a Tax Accountant for Bookkeeping
This blog discusses 7 limitations of using a tax accountant to perform business bookkeeping and why outsourced bookkeeping is a superior solution. Read more
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Unlock Growth and Funding Opportunities With A Part-Time CFO
The 8 Powers Fractional CFOs Unlock for SMEs Introduction In the fast-paced and competitive world of business, small and medium-sized enterprises (SMEs) often face financial challenges that can impede their growth. However, there is a solution that can provide valuable insights and guidance without the burden of a full-time commitment: Fractional CFOs. In this post,… Read more
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The Hidden Risks of DIY Bookkeeping
Why Hiring An Outsourced Bookkeeper is Crucial for Your Business Introduction DIYing most things ends up being the most expensive option. Either pay me now or pay me later. Business bookkeeping is no different and we believe not outsourcing your bookkeeping is a costly mistake. While entrepreneurs and small business owners might find handling their… Read more
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Close More Deals By Selecting the Right Insurance for SaaS Companies
We discuss how business insurance is more critical for SaaS company to close deals with customers and raise funding. This is a high level discussion of general liability, cyber, and directors and officers insurance. Read more
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SaaS Contract Pricing: Are You Leaving Value On the Table?
A CFO’s Perspective on SaaS Price Changes “Nothing is certain except death, taxes and annual SaaS subscription price increases.” – Benjamin Franklin 1789 SaaS Contract product pricing is equal parts art and science. The key is trying to find a balance that maximizes your company’s profitability and maintains good relations with your customer base. In… Read more
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Make Accounting Sexy (Again): Using Visualization To Make Better Decisions
Is Your Bookkeeping & Accounting Giving You Data or Information? Seeing is believing – or so I am told. Numbers, spreadsheets, and financial reports have long been the domain of accountants, leaving non-accountants feeling lost in a sea of confusion. But fear not! The presentation of accounting information is starting to become sexy, again. If… Read more
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SaaS Metrics: Companies Needs to Ditch CLTV & Use Payback Period
Trusting Payback Period In An Era of CLTV As SaaS companies continue to enter the marketplace, continually evaluating and monitoring performance has become essential. Metrics play a crucial role in assessing the financial health and growth potential of a SaaS company and one of the most loved and used is Customer Lifetime Value (CLTV or… Read more
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5 Steps ISV’s Can Take to Immediately Improve Cash Flow
Unlock Your SaaS Cash Flow By Taking These 5 Simple Steps Accounting profit is great, but cash pays your bills. For ISV’s, maximizing cash flow with your customer’s money helps you grow quickly with less outside capital. Here are 5 easy (and mostly free) ways to help your business improve cash flow almost overnight. Taking… Read more
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25 Simple Questions Tell You If Your Accounting Is Healthy
How Fiscally Fit Is Your Organization? Is your accounting healthy? It’s a simple question. For operators, it’s tough to know how financially fit you are. Afterall, you have a business to run and may not live and breathe accounting. Also, how can you make comparisons if every other company is “crushing it”? What managers want… Read more
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Hello world! Introducing Sanitas Accounting
Welp, this is exciting and somewhat terrifying. I’ve launched and run businesses before, but this is the most personal experience yet. In 2010, I launched my first real company (EIN and all), Prediculous. It was a terrifying day. I remember feeling afraid and intimidated about what my friends and family would think and wondered if… Read more