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Corporate Strategy Simplified: A Foolproof Test of Your Strategy’s Effectiveness
I’ve been a CPA for more than a few years, and over that time, I’ve found that I’m able to add value to my clients’ businesses in a variety of ways. Having seen many SaaS firms grapple with strategic choices over the years I discovered a simple but effective way to...
Communication Matters: Five M&A Integration Takeaways From Our Latest Deal
Several months ago, I helped to bring about the sale of Natural Insight, a long-time client of Laurentian, LLC. Looking back at the entire process, I thought it might be useful to discuss a few of my takeaways from the deal in order to help other companies that might...
The Top Seven Benefits of Outsourced Accounting for Technology Firms
A critical question asked by founders and executives of tech firms – especially those companies in the early stages of growth – is whether they should hire one or more accountants, or whether it would be wiser to outsource the accounting function to third...
SaaS Firms and Sales Tax: The Supreme Court Has Mandated the Collection of State Sales Tax for Many Online Companies
The year 2018 saw quite a few compelling news and business stories, but one court case in particular could be the most significant in many years for companies that do business online.In June of 2018 the U.S. Supreme Court ruled in South Dakota v. Wayfair, Inc. that...
Entrepreneurial Accounting: The Five Essential Accounting Metrics for SaaS Companies
In our previous post, we looked at nine fundamental financial metrics for technology startups. These metrics are critical to helping us evaluate the health and performance of any tech firm. Building upon that, in this post we will look at some of the important metrics...