Startups

The Top Mistakes to Avoid When Selecting an Accounting Provider for Your Startup.

Accounting, Services, Startups /

Choosing the right accounting team for your startup is critical to your long-term success. With so many providers, figuring out where to begin can take time! This blog will outline the top mistakes to avoid when selecting an accounting provider to help you avoid common mistakes and make the right choice. Failing to Consider the […]

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

Accounting, Startups /

“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

Accounting, Startups /

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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Why learning is crucial for every digital entrepreneur

Company Values, Startups /

“I just sit in my office and read all day.” Warren Buffett. “The absence of information breeds poor performance.” Janice Bryant.  “Education is the kindling of a flame, not the filling of a vessel.” Socrates. They have all said it, billionaires, successful entrepreneurs, philosophers, scientists: ignorance is your worst evil.  To start Cypher, I believed

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