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 […]
Outsourcing Accounting Services for Small Business Clients Without Damaging the Relationship
Introduction A three-partner practice with 340 small business clients moves 60 of its bookkeeping files to an offshore team. The trial goes well. Reconciliations come back complete, the year-end files are tidy, and for the first time in months a partner has a free weekend. Then, at a routine accounts meeting, the owner of a […]