YOU NEED TO KNOW ABOUT START-UPS:
Start-ups usually neglect their bookkeeping as they classify it into the ‘too-hard’ basket. By taking a proactive approach, not only are you able to be in more control, you will also be able to make better decisions.
Start-ups need to focus on two key things, growing and scaling the business, and keeping costs at a controllable level. Working with a professional can ensure your bookkeeping is up to date so you are able to review your numbers regularly and review effectiveness of growth strategies.
Cash flow is a key consideration for start-ups. By having an accounting solution that tracks your cash incomings and outgoings, you will be able to account for this in a more predictable manner.