Bookkeeping

At Kruze, we would argue that a VC-backed startup should have an accountant/CPA (and not just a bookkeeper). Businesses with over six months of runway should consider hiring a real accountant. So we don’t recommend that level of complexity for your seed stage model – just the IS and the cash position (maybe working capital or...

Some business owners use EBIT, or earnings before interest and taxes, to assess a company’s ability to produce an operating profit. However, EBITDA is the more common metric to measure a company’s financial performance. Calculating EBITDA can provide several reporting insights and help you make informed decisions about a company’s earnings. You can compare your financial...