The financial tag has no wiki summary.
8
votes
5answers
334 views
Do I really need an accountant?
As a new startup, do I really need a part-time accountant or can software like QuickBooks do everything for me?
Perhaps a bookkeeper to input data into the software is all I need?
5
votes
6answers
205 views
How do I prove my finances to a partner? My partner is afraid I will not give him his full cut
I own and operate a company selling products online. A partner is stepping in and wants to sell our product line across it's websites.
However, my company will accept the payments from the buyers. ...
5
votes
3answers
238 views
How should I spend my limited financial capability to gain momentum in my startup?
I am a start up, with no office. fairly new to Canada with no financial records. No website (only Domain name). Working from a rented room.
I registered my company. Imported a small stock that is ...
4
votes
2answers
726 views
Splitting up revenue among development team members on Apple's app store
A friend and I have started developing an app to put on Apple's app store. Development is going fine, but thinking ahead, we're trying to come up with an easy way to share any revenue coming from our ...
3
votes
3answers
198 views
How do I get financial information for a competitor located in Canada?
How do I get financial information (turnover, profit etc) for a competitor located in Canada?
Here in Sweden, there are several sites which can be used to get financial information. For instance, ...
3
votes
2answers
90 views
How to navigate vendors during tough cash flow stretches
Many startups at one point or another get into situations where they need to stretch vendor payments a bit to handle cash flow issues. We're in one of those situations right now and I'm trying to ...
3
votes
1answer
114 views
Niche financial markets software product : How much equity in return for £100k?
Over the last two years or so I've been developing a software product in my spare time(I'm still currently consulting at an investment bank). It's fairly niche in that it's targeted only at banks and ...
2
votes
8answers
433 views
Simple Document Management System [closed]
I'm looking for a simple document management system we can host on a corporate network. We should be able to upload files and organize them, and have the ability to access a file by a direct ...
2
votes
3answers
874 views
How much do high-end financial software consultancy firms (like lab49) charge per hour?
How much do high-end financial consultancy firms (like lab49) charge per hour for a c# developer in London? In GBP please.
Obviously the consultancy has to paid the developer + cover their overheads ...
2
votes
2answers
78 views
Need a bank partnership for my website…any suggestions?
Im starting a website however my site is dependant on the use of a financial institution to serve as place where members can deposit money for future use. Does anyone have any suggestions on the best ...
2
votes
1answer
60 views
Is there a method for creating achievable financial forecasts?
Is there a method or set of methods for writing the financial forecasts and profit loss statements for the next two years of business when you have never actually traded?
These documents are often ...
2
votes
1answer
215 views
Pro Forma Financial Statements
Anyone have any good resources for creating pro forma statements?
I can't seem to get my balance sheet to tie out between equities and liabilities (and it's been a decade since I've taken Financial ...
2
votes
1answer
48 views
Valuations of a product sale
As a small development company we have worked on several projects concurrently using the revenue to bootstrap other projects. We now have reached a stage where we have several mature product/service ...
1
vote
4answers
756 views
How to get financial support to start business
I invented a WebMail which is more secured and advanced than existing ones. Now to start a web business with my project I do not have enough money. Now I am searching for financial support. Is there ...
1
vote
1answer
30 views
Financial data-feed
I am looking into writing financial charting software and am looking for the data required to get this going. The software will provide charting for any time frame for the entire inception of the ...
1
vote
5answers
218 views
Is it normal to get profits only in the 3rd year?
I'm doing a business plan for a web business, and in the financials part, I'm getting this:
Net Profit
Year 1: ($234,788)
Year 2: ($2,361)
Year 3: $251,708
Net Profit/Sales
Year 1: -421%
Year 2: ...
1
vote
2answers
164 views
What is a financial Sensitivity Test?
I am preparing a financial forecast for the business plan. Talked to someone and he said I should do a sensitivity test for the forecast. Essentially, I was told to do a highwater mark and a lowwater ...
1
vote
4answers
152 views
How to estimate revenues with several business model options?
How would you estimate the revenues on a business plan if you have several possible business models (i.g. Freemium and/or Advertisement). The revenues could be generated by one or a combination of ...
1
vote
1answer
99 views
Business Plan and Financial Plan
How would I determine my start-up's target market share and translate that into financial forecast on a commission based business model?
0
votes
1answer
253 views
Calculating number of shares in a startup
I want to know how can I calculate the number of shares that exist in my startup. Today we have 10K in assets. So now I want to know how many shares we have as a company/startup.
0
votes
3answers
304 views
Pitch Deck - Financial Projections for an Internet Startup
I'm building a pitch deck for an internet startup.
I've read other financial projections and pro-formas which have quite irrelevant accounting. Our main expenses are simply server costs -- $95/month ...
0
votes
0answers
26 views
Investor Q&A Readiness
We are an early stage web startup, and do not have anyone with deep financial experience on our team. Is not a likely option at this point.
We are pitching to investors in a contest setting next ...
0
votes
2answers
262 views
How to do marketing research in Finance related software?
I am a software developer in Canada. 2 years ago, a close friend referred me a business owner who is running Futures trading firm(12+ employees) in Chicago. He need some system to help them manage ...
0
votes
2answers
48 views
What should I do if profit income is always used to buy new stocks?
Now, my family business is 2 years old. Every month, we get the profit from our online retail business, specializing in apparels for baby & child. But we realize that all the money is always used ...