How does inflation affect my business?
January inflation was 7.5% – the highest rate in over 30 years! While most businesses bemoan the impact of high inflation, savvy Entrepreneurs can leverage the environment to...
Startup Archives - CFOShare
Sales Tax for CBD
As cannabis business, you want to know, are CBD products taxable? The answer: yes. Since the 2018 South Dakota vs Wayfair, Inc ruling, the tax code declares that...
How do I find an Angel Investor?
It is very common for a small business to need an infusion of capital at some stage of development. Other than wealthy family members and friends, how do...
How to Calculate Sales Forecast for a New Business
Projecting sales is the most important and challenging piece of forecasting, especially for new businesses with little to no historic data. Many small business owners don’t know how...
What Are Pro Forma Financial Statements?
Pro formas aid startups, investors, and established businesses by modeling the what-if scenarios of the business and the potential profitability. Pro forma financial statements are made up of...
Two Simple KPIs for Product Startups
Product companies have moving parts and challenges that other industries do not face. Some managers track dozens of key performance indicators (KPIs) in order to overcome these challenges,...
The SaaS Rule of 40
For SaaS businesses and particularly software startup companies, the balance of growth and profit is vitally important. A new business interested in “disrupting the industry” must at times...
How Successful Entrepreneurs Launch a Startup in a Recession
New business applications are the highest since 2008, reports the Wall Street Journal. Is it crazy to start a business during the Covid-19 pandemic? I say it’s brilliant,...
Why Do Small Businesses Need Financial Statements?
Most small business owners keep a sharp eye on their bank balance, so why do they need financial statements? If the balance goes up, they are making money,...
How Do You Measure the Success of a CFO?
As the person in charge of your company’s financial health, the chief financial officer (CFO) is vitally important. But how can you measure their effectiveness? In this article,...