Outsourced Accounting for Startups: Building a Finance Function Before You Can Fund One
Introduction Eighteen months after incorporation, a SaaS founder sits down with an investor’s due diligence team to close a £1.5m seed round. The product is strong and the revenue chart points the right way. Then the questions start. Why are there 140 entries in the director’s loan account? Which of these card payments were for […]
Veterinary Practice Accounting: Drug Stock, Client Debt and Practice Profitability
Introduction A four-vet companion animal practice closes its year on £1.9m of turnover and a profit the partners are pleased with. Then the reviewer starts pulling threads. The stock figure came from the practice management system, not a count, and health plan direct debits were booked as income the day they landed. There is more. […]