The Pros And Cons Of Hiring An In-House CFO
If your company has closed a seed round, is earning significant revenue, has a lot of expenses or is in high-growth mode, you need a CFO. In the early stages, you need to focus on growing your business, not on finance management – but it may be too soon to hire a CFO in-house. Hiring an interim, outsourced…
Know The Real Cost Of Asking For Money
There’s no such thing as a free lunch. I mean that literally. If someone offers to buy your lunch, you should order your bacon cheeseburger with a side of skepticism. In business, people just don’t buy food for other people for no reason. And if they don’t offer lunch without a quid pro quo in mind…
The Pros and Cons of Outsourcing Payroll
Payroll is one of the least-liked tasks related to running a business. Nonetheless, payroll is necessary. So it is not surprising that even the smallest businesses decide to outsource this chore. However, there are some things that should be considered before jumping on the band wagon that outsourcing…
Location, Location, Coworking Station
Where or where to develop a startup dream? At home? A traditional office? Barnyard? Increasingly, startups are turning to co-working spaces to incubate their companies. Based on the 2nd Global Coworking Survey, co-working spaces should expand considerably this year. 36% of participants in the study said they planned to open at least one new location during 2012. Newer spaces are looking to add locations, and existing...
David 2.0 VS Goliath: Benefits Of Working At A Startup
My buddy Aaron called me up last night, weeping on my shoulder about career choices. Seems he’s in two minds whether to take the awesome engineering job at the startup or to go with the big boys. Settling into my game chair with beer and emergency snacks ready, I got really deep and tried to help the dude. Thankfully I made notes on a Hooters napkin so I could post my amazing insights here. First of all, we talked about that...