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 […]

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 […]

The Tax Benefits of Section 85(1) When Incorporating When growing your business, you may be considering incorporating to take advantage of tax savings or to avoid personal liability. Even though incorporating may not change the day-to-day operations of your business, the act of incorporating is more than just a status change. It involves changes to […]

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 […]