Technical accounting isn’t for everyone. We understand GAAP and will keep your startup compliant with ASC 606 and more.
Investors require timely reporting. We'll help you build trust by delivering accurate and timely financial reporting. Disclosure: We do not perform audits and provide no assurances.
We can flex our support up or down to meet your business needs as your company continues to evolve. Think: system evaluation, system implementation, and providing referrals to subject matter experts.
The standard chart of accounts (CoA) from QuickBooks won't get you the metrics you need to manage your business or the metrics your investors want to see as your business evolves. We can fix that.
As a startup, laying a strong financial foundation is pivotal to your success, and that’s where we come in. Our comprehensive suite of services is tailored to address the unique accounting needs of startups, ensuring you have the financial tools and insights required to thrive in a competitive landscape.
We’ll review your financial reporting and ask critical questions to improve accuracy and completeness. This includes reconciling the balance sheet so that all assets, liabilities, and equity is properly accounted for.
If our initial assessment finds the chart of accounts is less than ideal, we’ll make recommendations to improve your accounts to access clearer financial reporting. If you don’t have an accounting system set up yet, we can help get you on track quickly.
There are a lot of different systems that you need to operate your back office. We work with many and understand how the systems interact. We can help evaluate your current tech stack and implement new systems for where you need them. This could include a QuickBooks online set up, mapping your payroll system to QuickBooks, and setting up a revenue recognition platform.
As your business grows, you’ll likely be required to have a financial statement audit by stakeholders. We can help you evaluate audit firms, select the firm that is best for you, and support you during the audit process.
It can be hard to stay on track during the year if you don’t have a plan. As your company matures, your board will likely want you to report actual performance against the plan—assessing variance and course correcting is imperative. We can help establish a budget and improve management reporting.
Whether you audit or not, internal controls are important. We’ll use tools to help separate responsibilities and create multiple checks in various processes, ensuring no one has too much control or operates without accountability. This is critical to cash management and supportive across the rest of your business.
We’ve developed 3 packages geared towards early stage B2B SaaS startups but understand that unique circumstances call for unique solutions and can custom service to fit your needs. Learn more on our pricing page.
Yes they do. Typically, for SaaS businesses you are targeting a subscription model. You may get a lump-sum payment for an entire year’s service. That amount should be applied evenly to each month throughout the year, not just the month the amount was actually paid.
QBO is often sufficient early stage but companies may need a more robust ERP like Netsuite or Dynamics as they scale
Mighty Startup
177 Huntington Ave STE 1703 PMB 35309
Boston, MA 02115
(877) 716-4141
About Us
Pricing & Services
Customers
Resources