Embrace these financial insights as instruments of empowerment on your startup journey. It provides a dynamic snapshot of your startup’s profitability over a specific period, typically a month, quarter, or year. Break down the revenue into its components, subtract the costs and expenses, and you get a clear picture of your net income. Know more about how to read and analyze a profit and loss (P&L) statement. The best rule of thumb for startup accounting is to hire a professional accountant to help you manage your business’s finances.
Fundraising Support
For small businesses looking for an accurate and simple bookkeeping and accounting solutions designed to free up owners to run their business. We update your books weekly and deliver clean financial statements monthly. You’ll have a 30-minute monthly meeting with your bookkeeper to review your numbers and address any questions. Get organized, real-time tracking of revenue, expenses, and subscription billing to ensure accurate financials and compliance. Growing a business is hard — managing your finances doesn’t have to be.
Real-time insights at the tap of a few buttons
Payroll & Contractor Payments – Paying employees and freelancers correctly and on time is crucial for business operations. Your CFO handles cleanup, catch-up, and sets you up for success. Connect with your CFO—one real conversation to map your business, goals, and biggest financial questions. Clients often search for phrases like “Hire a CFO at uTaxes”, “Affordable CFO for SaaS”, “On-demand CFO services”, or “uTaxes QuickBooks support”. We’re trusted by thousands of companies because we’ve helped countless startups achieve success. Deep integrations with the tools you already use, and a seamless platform for staying on top of everything.
- From launching to scaling, we provide clear financial insights so you can focus on growing your business.
- QuickBooks, Patriot, and Sage offer comprehensive payroll solutions that automatically sync with your books, handling tax calculations, direct deposits, and compliance reporting.
- He has also helped with sales projections and has been instrumental in our ability to plan for growth.
- Before joining the team, she was a Content Producer at Fit Small Business where she served as an editor and strategist covering small business marketing content.
- Explore essential financial processes like automation and expense tracking to streamline operations, improve efficiency, and support business growth.
Our streamlined process ensures your financials are always in order. Your CFO explains what the numbers mean for your business, every month—so you can act, not guess. Your dedicated CFO reviews your books—proactively fixing issues before they become headaches.
How To Choose an Online Bookkeeping Service
Best for small business financial leadershipCFOshare offers hands-on forecasting, KPI tracking, and strategic planning. Pilot is a provider of back-office services, including bookkeeping, controller services, and CFO services. Pilot is bookkeeping, tax, cfo services for startups small businesses not a public accounting firm and does not provide services that would require a license to practice public accountancy. I needed it to be as simple as possible while displaying the level of detail required, a fine balance that allows me to communicate with various stakeholders in near-real time.
Time Saved
- Merritt Bookkeeping is known for its simplicity and straightforward pricing, which appeals to small startups looking for basic bookkeeping at an affordable rate.
- That doesn’t mean you need to monitor it constantly, but it’s a good idea to have a monthly and quarterly routine.
- A CFO helps with financial planning, cash flow management, strategic decision-making, and ensuring accurate financial reporting.
- Be sure to discuss their availability, fee structure, and level of commitment to ensure they align with your business needs.
When you’re running lean, the right CFO service can be a startup’s secret weapon. The firms listed above aren’t just finance pros—they’re growth enablers. From financial projections to VC meetings, they take the heavy lifting off your plate so you can scale with confidence. Don’t let finance slow you down—choose an outsourced CFO service that matches your vision and stage. Full-service finance for startupsFrom bookkeeping to CFO strategy, Pilot helps startups manage finances with precision and clarity, tailored for fast growth. Perfect for early-stage startupsAirCFO focuses on pre-seed to Series A startups, offering cash flow forecasting, revenue modeling, and custom financial projections.
With Pilot, you get an advisor who knows your startup business and growth stage. We’ll help set up your full finance stack for scale, including preferred cash–sweep accounts, payroll, and expense management. Our bookkeeping, tax, and CFO services are built for VC–backed companies. From fundraising to SaaS models, you’ll get the financial support you need. Your monthly statements also come with your burn rate–so you and investors know the numbers that matter.
U.S. Internal Revenue Service, National CPA Registry, QuickBooks ProAdvisor Program.
A CFO plays a crucial role in managing financial complexity, ensuring accurate record-keeping, and providing strategic guidance. Whether handling rapid growth, expansion, or financial decision-making, a CFO helps small businesses navigate challenges and optimize cash flow. Our team will have regular defined duties (e.g. weekly, monthly or annually) and you will also be able to scale up our hours as needed for any projects that come up during the year. We work with clients on an ongoing basis and act as an extension of your team. The majority of the companies we work with are Delaware C-Corp entities, or are planning on becoming one. Most of our clients have raised at least $1MM or are generating over $500k ARR.
The 15 Best Outsourced CFO Services for Startups
With an outsourced CFO, you’re not just getting numbers—you’re getting insights to scale confidently. Expert insights and tips on accounting, financial strategies, and industry trends. Financial technology companies seeking CFO and accounting solutions. Deciding between cash accounting and accrual accounting is a critical decision for any business. Get exclusive tips to maximize savings, reduce stress, and stay ahead of the curve – tailored for individuals and business owners.
Unify your business back office with doola—an all-in-one platform that handles LLC Formation, Bookkeeping, Taxes, and E-commerce Analytics. Merritt Bookkeeping is known for its simplicity and straightforward pricing, which appeals to small startups looking for basic bookkeeping at an affordable rate. Starts at $399/month, with customized packages based on service level.