Ready to scale up your startup?
It might seem like a big investment, but outsourcing your finance function will cost you less than a dedicated staffer running in-house accounting for startups. Plus, outsourcing gives you access to more intellectual capital with multiple minds working on your account.
We offer the kind of accounting advice for startups that only comes from experience. We know the startup grind is tough – and that’s because we’ve been there.
We understand how crucial it is to get your compliance right from the very beginning (and how costly mistakes are to fix down the road). As startup tax accountants, we’ll help you with everything from share transactions to company incorporation.
Our growth-minded team can help you plan for future scenarios, manage cash flow and develop financial models that’ll see you thrive. We’re driven to get your venture off the ground.
*All prices include phone and email support for small queries, and exclude GST
Got an amazing idea for a new business?
We’ve compiled a guide with everything you need to know about accounting for new businesses. You’ll learn how to:
- Get your business started
- Choose the right company structure
- Budget for your startup costs
- Stay compliant
- Plus, you’ll get access to our list of the latest tech, tools and apps to help streamline your new business (and make it look great, too).
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Why choose Xero? Xero accounting software features are intuitive, secure and streamline business finances.
What is the difference between a startup and a small business?
The difference between a startup and a small business is their goals. A startup is typically seeking rapid expansion, while a small business mightn’t want to scale up at all. Startups are merely businesses in the first stages of their journey – but with very big dreams.
How can I fund my startup business?
Depending on your business structure and product, you can fund your startup through business loans, capital investors, grants or crowdfunding. We’ll evaluate the pros and cons of each finance option and help you decide on the best way to raise capital that won’t see you lose too much equity too soon. Find out how we helped a startup get grant funding here.
Do startups need accountants?
For startups, accounting services are essential for growth. By outsourcing your finance function to a professional, a startup accountant will give you the insights you need to do everything from share transactions to making data-driven business decisions.
Bonus: Nearly all running costs can be deducted from profits at tax time. Even though some startups aren’t profitable for up to two years, you can deduct outsourced accounting for startups from future profits to lessen tax burdens while you grow.
How long is a business considered a startup?
A company is considered a startup for up to three to five years, or until they’ve reached a certain set of metrics proposed by Techcrunch editor-in-chief Alex Wilhelm. His 50-100-500 rule excludes your business from being a startup if your revenue hits more than $50 million, you have 100 or more employees, or a business value of $500 million+.