Startup entrepreneurs should implement measures for protecting their companies’ management and financial data according to compliance regulations and company laws. Internal controls play a crucial role in your startup’s growth since they ensure accurate financial reporting, thus enabling you to achieve your business objectives. Even so, …
In a short sentence, payroll is the total amount of salaries compensated by a company to its employees and workers on a yearly/monthly/daily basis. Payroll services are probably the biggest investment of a company, especially when it’s a startup. During the startup process, there are so …
Business is filled with risk, and that can either give you a tremendous reward or crushing loss. Many entrepreneurs are ready to invest their entire lives’ savings into getting a company off the ground, but this can backfire when they choose the wrong industry or the …
Have you heard of Fab? You probably haven’t, because, after spending $200 million of the $336 million they raised in startup capital from venture capitalists in less than two years, they ended up having to lay off two-thirds of their staff and were ultimately bought by …
Creating a startup company is an exciting process, but it can also be a daunting one, it is important to maintain good health during this time to help achieve the business’s best potential. Many people running startups will experience stress, which can cause adverse effects on …
Hiring for a startup isn’t quite the same as hiring for a large corporation. Why? Because the type of person who can thrive in a startup is quite different from the person who would perform better in a corporation. So the question is, how can we …
There are many standards and certifications available in the compliance landscape. With so many frameworks out there, it can be challenging for investors to know which compliance certifications to look for in a startup before investing their money. As an investor or venture capitalist, you should …
When you are still working on getting your business off the ground, you may want to keep the number of employees to a minimum. This includes any work you may need to outsource as well. Thus, you are going to have to think long and hard …
