Understanding Your Cash Burn Rate: The Essential Metric for Every Startup.

“Revenue is vanity, Profit is sanity, and Cash is king”  As a founder or CEO, there are numerous metrics to monitor, ranging from customer acquisition costs to revenue growth. However, one metric that entrepreneurs frequently overlook is their cash burn rate. Simply put, as a start-up founder, cash should and will always be a top […]

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Contractor Payments for Startups 101: Everything You Need to Know

When speaking about processes, one of the main questions we get is: How do I pay my contractors?  If you’re a founder, you’ll almost certainly need to hire contractors at some time to help your company expand. Whether you’re employing a freelancer for web development or an independent contractor to manage your social media marketing,

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Safe Note Vs. Convertible Note: What’s the Difference?

SAFE and Convertible notes can be used to generate investment for startups. SAFE notes are short for Simple Agreement for Future Equity, which basically allows investors to purchase shares for the future through convertible security. You can turn this in for shares in the future when the company raises the price.  Companies usually provide SAFE

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Introducing Cypher : Our Commitment to Better Accounting and Finance Services

We are excited to share our new brand expression as we transition from PROKONECT to Cypher. Our journey to Cypher began with a desire to serve our clients better and help them unlock the full potential of their business. We wanted a name and brand that represent our core values and commitment to growth and

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