Startup founders and entrepreneurs preoccupied with several other functions cry out for bandwidth because they can't seem to invest enough time into accounting. While it's easy to overlook, the Accounting Services for Startups is crucial as they provide a complete financial picture to avoid stalling the journey due to a cash crunch. This is well-understood by Flatworld Solutions, which is why we offer custom accounting services for startups that take care of all your in-house accounting functions by working as an extension of your team. This allows you to focus on steering your startup into the wind and prove your worth in the competitive market. Our business startup accounting services are cut out for early-stage ventures and growth companies that are backed by venture capital, angel investors, and private equity companies.
At Flatworld Solutions, we take pride in our team comprising CFA, controllers, PFA, CPA, CFF, ABV, and other non-traditional accountants, certified in a myriad of accounting functions. With 19 years of experience, we have served not only C-corporations, but also S-corps, LLC, and other types of businesses in domestic and international markets.
Business Startup Accounting Services We Offer
At FWS, we make a new and better option for startups that desire expert overview and mentorship in accounting functions. Our accounting services for startups include -
Is your business GAAP compliant? if you're unsure how truly compliant you are, our accountants will evaluate the policies to estimate if the generally accepted accounting principles are complied with by looking at financial records to help prospective investors evaluate the portfolio before making decisions.
Tax Strategy & Structure
The tax trap is what drags every startup and having a sound strategy to ethically pay the least tax permitted by the local law puts them ahead of the league. So this is where we come in. Our team provides legal strategies to optimize your business revenue and expenses. We help you with a long-term vision to help you get further.
It's uncommon to see the startup herd developing new products or services and hoping to see which one gains traction better. This is a bad strategy as it becomes cumbersome and resource-intensive. What we do is develop a lean start-up approach customized for the client to increase the penetration without maximum success.
Internal Control Setup & Internal Control Reviews
Unfortunately, internal auditors spend productive hours and effort explaining constituents of internal control; how controls flow; and through whom, to members across the hierarchy. This is cumbersome and the takeaway could be lost in translation. This is what we combat by establishing operational objectives, compliance objectives, and financial reporting objectives.
We offer strategic consulting to startups wanting a primary analysis of their accounting practices and to make goals that contribute to the overall growth of the revenue. Our CFOs can help define markets and spot trends way before anyone else does. Our ultimate goal is to fix current problems and implement solutions.
Business Financial Management
Our expertise in business management includes bill payments, bookkeeping, and cash management so your business has a continuous cash flow. We ensure a steady flow of funds and better resource utilization. Being adept at planning, directing, organizing, and controlling, we apply general accounts management principles to ensure the effective utilization of financial resources.
Financial Modeling for Transactions
We offer high-quality financial modeling based on numbers fetched from the company's operation in the past and present. This information allows us to make forecasts. The financial modeling allows decision-makers to make the best use of account sensitivity analysis, discounted cash flow, and appraisals.
Debt & Equity Structuring
The debt and equity structuring are done by evaluating the company's financial position and making further calculations by dividing entire liabilities by equity. This is a key metric in startup finance that helps predict the performance of the company in the near term and long term. We use it to provide a measure of shareholder's equity available for compensating the debt in case the business faces headwind.
If you want close-knit assistance in post-acquisition integration, we can help you with PMI by combining and rearranging businesses to improve synergies and efficiency levels that drive mergers and acquisitions. No matter how complex your business is, we can help you align with goals and mitigate risk.
Forming a private company has two stages: promotion and incorporation. A publicly listed company must undergo a capital subscription to be eligible for a certificate of commencement to begin business operation. This is taken care of by us so that you needn't worry about leaving one or two criteria unfulfilled.
Domestic & International Tax Planning
Tax planning is the phase where we review the financial position of your company to plan to help you save maximum tax. To build a robust plan, you must know how much is owed and how much can be saved annually. The advantage you get by working with us is that our strategy can make your tax-efficient with no much effort.
Pre-transaction Evaluation & Planning
If you need an expert valuation in the pre-transaction, you can count on us because we have strategists who can bring their experience into the game to help you plan and manage your corporate transactions efficiently. Our pre-transaction evaluation and planning allow the integration of pieces of advice into your personal, legal, and tax computing functions.
To avoid overpayment of taxes, you must be aware of the income, expenses, and other information encompassing your financial position. We can help you with the calculation of tax returns, tax liabilities, and even schedule payments based on reports compiled by our professionals. They use reporting tools to design custom tax reports for startups.
Due Diligence for Buyers & Sellers
Like an agency that runs background checks, we look for motives behind buyer's interest in the acquisition. Besides, we also assess buyer's profile, their reputation, and financial position as part of the seller's due diligence. We do the same for buyers to ensure the seller is reputable and trustworthy for transactions.
Purchase Price Allocation
In acquisition accounting, purchase price allocation comes after the merger or acquisition where the acquirer allocates a purchase price. This requires sound knowledge of the valuation to arrive at the right numbers. This is also part of the accounting services we provide for startups.
Forecasting & Budgeting
Like every business, startups need forecasts to have control over their budgeting process. It's likely for startups to lack experience in interpreting insights into the industry and the financial climate. If you're in a dilemma, we can help you with forecasting and budgeting services to help you reach the business goals most efficiently.
To retain the best resources, it's important to adjust compensation as per industry norms. This is possible only by having a good compensation strategy. This is provided by us by assessing business strategy, operating objectives, and employee needs. Our assessment encompasses benefits, incentives, salaries, pay band details, and development levels to recommend corresponding pay ranges.
Interim CFO Services
You may also need complex strategy solutions to effortlessly navigate through the implementation of ERP, Sarbanes, Oxley Compliance (SOX), risks, and a myriad of challenges. If you want to tackle these challenges without a full CFO, outsource accounting services for startups and realize the best value.
Our Accounting Services for Startups Process
As a trusted accounting services providing company for startups, we are well-equipped to deal with various accounting needs that startups face in their calendar. However complex, we ensure that you make informed decisions wherever needed. This is why we are among the best accounting firms for startups in the world. Following are the steps we take to ensure success in every stage -
As part of the Accounting Services for Startups system, we prepare a comprehensive list of deliverables by collecting the client inputs and interpreting their requirements
As a top accounting services provider for startups, we devise a focused accounting strategy acceptable by the client to be cut out after signing the NDA
03. Accounting Services for Startups
Our team will execute the accounting services according to the SLA within the stipulated time frame
We provide complete reports for clients to understand the process, progress, and outcome
Other Services You Can Benefit From
Why Outsource Accounting Services for Startups Services to Flatworld Solutions?
Flatworld Solutions specializes in Accounting Services for Startups services and from time to time assists clients with undermanaged workflow. Our Accounting Services for Startups solutions is a proven solution for enhancing productivity without stretching the budget. When you outsource Accounting Services for Startups services to us, you experience the following benefits -
You'll find affordable solutions without having corners cut. Get the best value by choosing what you need.
Our CFOs and accounting team have access to the best accounting and auditing technologies to carry out offsite accounting with precision.
ISO Certified Accounting Services for Startups Services Provider
We are an ISO 9001:2015 certified Accounting Services for Startups service provider with a proven workflow.
We ensure staunch commitment to integrity as part of the outsourced work. This includes ensuring your data is safe and secure.
We have dedicated quality control teams to ensure that the data, reports, and other information we compile are accurate.
Scalable Accounting Services for Startups Services
We offer scalable accounting services to startups so they can evolve seamlessly than pumping more money on new resources.
Strict on Deadlines
We assure a shorter turnaround for Accounting Services for Startups services because we have unlimited bandwidth and the ability to meet demands in the shortest time.
FTE Accounting Services for Startups Experts
Outsourcing Accounting Services for Startups services helps you have access to corporate secretaries, CFOs, controllers, and other key professionals to ensure fast and efficient Accounting Services for Startups services.
We always have a team of highly available agents to address your concerns, however complex they are.
Client Success Stories
Accounts Payable Services were Provided to a Client
Flatworld streamlined a cash flow for the customer to regulate the customer's transaction document processing such as invoice proof of delivery, bill of lading, etc.
Accounts Receivable Services Provided to a Client
FWS tackled the challenges of 2 small-sized companies that required accounts receivable and claims management services.
Outsource Accounting Services for Startups Services to Flatworld Solutions
Flatworld Solutions provides accounting services that include end-to-end solutions for every startup. With an agile workflow and a highly capable team of accounting professionals chosen from the Ivy League institutes, we streamline accounting functions. As a leading accounting services provider for startups, we also offer consultation support besides mainstream accounting services to optimize revenue. For years, we've served clients in domestic and distant markets with world-class accounting solutions at affordable rates and superb quality.
If you are looking for a trustworthy accounting for a startup service provider, then we are the last stop in your search. Talk to our experts now!