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SaaS Startup Financial Fails and How to Avoid Them

Over the last decade, software-as-a-service (SaaS) has exploded as companies have flocked to subscription and cloud-based services for their software needs. While the growth of the SaaS market has lowered barriers to entry, it has also created opportunities for entry. This presents a double-edged sword: the SaaS sector provides you the opportunity of founding a […]

Top 3 Financial Considerations for Acquisition

The goal for most startups is acquisition. Being acquired shows that your company has a successful product and your hard work and long hours have paid off. But there’s a lot of work to be done for the acquisition to be successfully executed. As you’ll know from funding rounds, investors do their due diligence to […]

SaaS Profitability: Determining a Break-Even Point for SaaS Startups

One of the first benchmarks for any business is reaching its break-even point. The break-even point is when you’re in a no profit, no loss situation. But you’ll encounter many obstacles on your road to break-even, particularly in competitive industries like software-as-a-service (SaaS). SaaS companies often face a long road to get to break-even. This […]

Cloud Accounting Software for SaaS Startups: QuickBooks Online vs Xero

Accurate accounting is key to the success of any business. It allows you to keep track of costs and revenue in order to implement your business plan, while also giving you concrete numbers to show potential investors. While this might seem to go without saying, many in the competitive software-as-a-service (SaaS) field have failed to […]

Creating Attainable Financial Projections

Understanding your company involves knowing where you are financially at any given moment as well as where you will be in the future. For this reason, financial projections are imperative for any company. Financial projections draw on available historical data to model the future financial performance of your company, including cash flow, costs, and revenue. […]

What to Look for in Subscription Management Software for B2B SaaS Companies

Recurring subscriptions are the norm for SaaS services. They allow customers to manage costs by paying on a recurring basis as they continue to use the service. But billing can be a major pain point for business-to-business (B2B) SaaS companies. They have to manage subscriptions across different pricing tiers and customer lifecycles, while also collecting […]