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5 Accounting Challenges Startups Face and How to Help Them Thrive

The CFO College

Startups tend to operate on shaky ground. 90% of startups will fail - period. As an accountant or bookkeeper, you can help prevent startups from going under or losing profitability. The key is understanding a startup's challenges and providing solutions to facilitate company growth. startups need you.

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Outsourced Tax Accounting Services Ensure Compliance and Savings

CFO Plans

Yet, many businesses struggle with the complexities of accounting, often leading to costly mistakes and missed opportunities. Discover how outsourcing accounting services can improve your financial health , enabling businesses to focus on growth while ensuring their financial health is in expert hands.

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FinTech Startup Revolut Raises $80M In New Funding, Now Valued At $5.5B

PYMNTS

London startup mobile bank Revolut Ltd. Revolut is an app-based consumer bank account that allows customers to send and receive money and use built-in budgeting tools. In May, Revolut said it will integrate its products with Clear Books , which offers accounting software for small businesses.

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Navigating the International Waters of Tax Compliance: A Guide for Startups

CFO Plans

As a startup operating in today’s globalized world, it’s essential to understand the complexities of international tax regulations. One crucial aspect that often gets overlooked is the requirement to file foreign ownership disclosures and potentially an FBAR (Report of Foreign Bank and Financial Accounts).

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Switzerland Eases Blockchain Firms’ Access To Corporate Bank Accounts

PYMNTS

Switzerland is reportedly exploring ways to make it easier for blockchain companies to open corporate bank accounts as the government moves to prevent those innovators from leaving the country. There are 530 blockchain startup companies based in Switzerland’s Crypto Valley, and there are 250 banks in the country.

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Talent retention in Southeast Asia: Accountants as valuable assets

Future CFO

Talent shortage among accounting staff continues to persist in many parts of the world including Southeast Asia, with the issue being most felt by small accounting firms that struggle to compete with the big accounting firms: KPMG , PwC , Ernst & Young , and Deloitte.

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Unleash Your Startup's Potential:Outsourced Accounting as Your Secret Weapon for Success

Boston Startup CFO

Every entrepreneur dreams of their startup skyrocketing to success. But there's one aspect that often dampens those dreams: accounting. Fear not, dear startup founder, for we have a solution to ease your accounting woes—outsourcing. Think of it as a financial workout plan that adapts to your startup's ever-changing needs.