In this episode of the Cashflow Show, hosts Scott and Nikole dive into the importance of automating financial reports for SaaS startups. They cover crucial topics such as investor reporting, using tools like Reach Reporting, and integrating data from various sources to ensure trust and professionalism. Plus, they discuss the significance of regular communication with your accountant to meet investor deadlines effectively. Tune in to learn how to streamline your financial processes and build stronger investor relations.

Chapters:

00:00 Introduction

01:35 Importance of Automating Financial Reporting

02:58 Tools for Financial Reporting

03:08 Reach Reporting Features

07:41 Investor Communication and Trust

09:59 AWS and E-commerce Insights

14:52 Conclusion

📣 Shout Outs: Reach Reporting, Gusto, QBO, Xero, Amazon (AWS), Stripe

⬇️ Videos Referenced ⬇️

Episode 30 - SaaS Startup Series Part 1: Key Terms for Tech Companies

(https://youtu.be/Noy5e4mvPAo)

Episode 31 - SaaS Startup Series Part 2: P&L Structure for Tracking KPIs

(https://youtu.be/JLPuIryggdI)

🔗 Connect With Us On Linkedin! 🔗

Nikole Mackenzie

📎 https://www.linkedin.com/in/nikolemackenzie/

Momentum Accounting

📎 https://momentumaccounting.com/

Scotty OKR Scarano

📎 https://www.linkedin.com/in/scottscarano/

Padgett NC

📎 https://www.padgettnc.com

Accounting High

📎 https://www.linkedin.com/company/accounting-high/

📎 https://www.accountinghigh.com/

In this episode of the Cashflow Show we continue the SaaS Startup Series. Discover how to structure your Profit & Loss statement for effective KPI tracking. Learn key calculations like EBITDA and the rule of 40 to balance growth and profitability. Tune in next week for the final episode in the SaaS Startup Series

Chapters:

00:00 Introduction

01:26 Understanding P&L Structure and KPIs

02:53 Breaking Down Revenue and Costs

07:56 Operating Expenses and Net Income

13:04 The Rule of 40 Explained

16:12 Conclusion

⬇️Videos Referenced⬇️

Episode 30 - SaaS Startup Series Part 1: Key Terms for Tech Companies

(https://youtu.be/Noy5e4mvPAo)

🔗 Connect With Us On Linkedin! 🔗

Nikole Mackenzie

📎 https://www.linkedin.com/in/nikolemackenzie/

Momentum Accounting

📎 https://momentumaccounting.com/

Scotty OKR Scarano

📎 https://www.linkedin.com/in/scottscarano/

Padgett NC

📎 https://www.padgettnc.com

Accounting High

📎 https://www.linkedin.com/company/accounting-high/

📎 https://www.accountinghigh.com/

In this episode of the Cashflow Show, Scott and Nikole dive into the foundational aspects of SaaS startups in the first part of their three-part series. They explore different business models, essential metrics, and terminologies that are crucial for understanding and advising tech companies. From customer acquisition costs (CAC) to monthly recurring revenue (MRR), this episode is packed with insights for small business owners and advisors looking to navigate the complexities of the tech startup landscape. Tune in to learn how to manage your finances and scale your business effectively.

Chapters:

00:00 Introduction

01:15 Understanding Different Business Models

02:02 Key Terminology for SaaS Startups

04:20 Funding Stages: Friends, Family, and Fools

07:11 Understanding SAFE Notes

11:57 Series A Funding and Beyond

14:36 Burn Rate and Runway

19:14 Customer Acquisition Cost (CAC)

23:21 Bonus Terms: MRR, ARR, and NRR

27:59 Conclusion

⬇️Videos Referenced⬇️

Episode 25 - How to Measure Your Marketing Dollars: Part 2 Understanding CAC

(https://youtu.be/IyDPGrq2rPM)

🔗 Connect With Us On Linkedin! 🔗

Nikole Mackenzie

📎 https://www.linkedin.com/in/nikolemackenzie/

Momentum Accounting

📎 https://momentumaccounting.com/

Scotty OKR Scarano

📎 https://www.linkedin.com/in/scottscarano/

Padgett NC

📎 https://www.padgettnc.com

Accounting High

📎 https://www.linkedin.com/company/accounting-high/

📎 https://www.accountinghigh.com/

In this episode of the Ca$hflow $how, hosts Scott and Niki dive into the often-overlooked R&D tax credits, explaining what they are, how they work, and how various businesses can qualify, even beyond the tech industry. Tune in for expert advice and real-world examples to help you succeed.

Chapters:

00:00 Introduction

00:58 Overview

04:04 What is the R&D Tax Credit?

06:36 Real-World Examples of R&D Tax Credits

12:51 How to Claim R&D Tax Credits

19:37 Costs and Considerations

23:25 Conclusion

📣 Shout Outs: Randy Crabtree, TriMerit, Miguel at Tax Hack, Gusto

⬇️Videos Referenced⬇️

How to Guarantee 20% Profit from your Business, a deeper dive into the 50 30 20 Rule

(https://youtu.be/4xtKvemvclE)

🔗 Connect With Us On Linkedin! 🔗

Nikole Mackenzie

📎 https://www.linkedin.com/in/nikolemackenzie/

Momentum Accounting

📎 https://momentumaccounting.com/

Scotty OKR Scarano

📎 https://www.linkedin.com/in/scottscarano/

Padgett NC

📎 https://www.padgettnc.com

Accounting High

📎 https://www.linkedin.com/company/accounting-high/

📎 https://www.accountinghigh.com/

Tags:

R&D Tax Credits, Small Business, Tech Companies, Free Money, Payroll Best Practices, Cashflow Management, Financial Planning, Accounting Tips, Tax Deductions, Small Business Taxes, Tax Savings, Business Growth, Profitability, Business Expenses, Business Credits, R&D Benefits, Business Innovation, Tax Incentives, Financial Advice, Business Finance

In this episode, Scott and Nikole dive into tax planning strategies specifically for pass-through entities like S corps and partnerships and how tax planning can impact your cash flow. They also explore retirement planning, the Qualified Business Income Deduction (QBI), and optimizing your salary distributions to save on self-employment taxes. Tune in for a wealth of information geared towards small business owners looking to maximize their tax strategies and profitability.

Chapters:

00:00 Introduction

01:10 Overview

02:16 Understanding Pass-Through Entities

05:46 Tax Implications for S Corps vs. Partnerships

17:07 Retirement Planning

22:01 Section 199A Deduction

24:21 Conclusion

⬇️Videos Referenced⬇️

Episode 3 - Paying Yourself (as an S-Corp Owner)

(https://youtu.be/bXU9L98sffE)

🔗 Connect With Us On Linkedin! 🔗

Nikole Mackenzie

📎 https://www.linkedin.com/in/nikolemackenzie/

Momentum Accounting

📎 https://momentumaccounting.com/

Scotty OKR Scarano

📎 https://www.linkedin.com/in/scottscarano/

Padgett NC

📎 https://www.padgettnc.com

Accounting High

📎 https://www.linkedin.com/company/accounting-high/

📎 https://www.accountinghigh.com/

Tags:

#TaxPlanning #PassThroughEntities #SmallBusiness #PayrollBestPractices #FinancialForecasting #BusinessTaxes #SCorp, #Partnerships #TaxStrategies #RetirementPlanning #QBI #Section199A #BusinessOwner #TaxAccountant #FinancialManagement #SmallBusinessAdvice #CashFlowManagement, #TaxSavings #BusinessTaxCompliance #FinancialTips

In this episode of the Ca$hflow $how, hosts Scott and Nikole dive into the topic of transitioning from cash to accrual accounting. The episode focuses on why businesses should consider moving to accrual accounting, highlighting three major signs: lumpy revenue, third-party reliance on financials, and the need for accurate forecasting. If you're a small business owner looking to enhance your financial accuracy and planning, this episode is a must-watch. Tune in and learn how accrual accounting can help you achieve your business goals.

Chapters:

00:00 Introduction

01:00 Episode Overview

04:55 What is Accrual Based Accounting?

08:19 Sign One: Lumpy Books

14:27 Sign Two: People Want to Look at Your Books

19:22 Sign Three: Planning For the Future

22:37 When to Make the Switch and Final Tips

25:45 Conclusion and Contact Information

⬇️Videos Referenced⬇️

Episode 001 - COGS

(https://youtu.be/Q9E1CRCjYN4)

Episode 016 - How to Guarantee 20% Profit from your Business, a deeper dive into the 50-30-20 Rule

(https://youtu.be/4xtKvemvclE)

🔗 Connect With Us On Linkedin! 🔗

Nikole Mackenzie

📎 https://www.linkedin.com/in/nikolemackenzie/

Momentum Accounting

📎 https://momentumaccounting.com/

Scotty OKR Scarano

📎 https://www.linkedin.com/in/scottscarano/

Padgett NC

📎 https://www.padgettnc.com

Accounting High

📎 https://www.linkedin.com/company/accounting-high/

📎 https://www.accountinghigh.com/

Tags:

#accountingmethods #accrualaccounting #cashtoaccrual #smallbusinessfinance #financialforecasting #bookkeepingtips #revenuemanagement #businessgrowth #SBAloans #taxreporting #financialstatements #profitability #cashmanagement #accountingbestpractices #businessaccounting #podcastepisode #financialadvice #businessplanning #GAAPprinciples #taxaccountant

In this episode of The Ca$hflow $how, Scott and Nikole guide small business owners through the final steps of understanding and calculating Return on Investment (ROI) for their marketing dollars. This episode, Part 3 of a series, focuses on the practical application of previously discussed metrics: Lifetime Value (LTV) and Customer Acquisition Cost (CAC). Understand your ROI for marketing now!

Download Nikole’s Marketing ROI calculator and watch the video instructions

https://resources.momentumaccounting.com/marketing-calculator

Chapters:

00:00 Introduction

01:00 Welcome Back and ROI Overview

03:28 Practical ROI Examples

04:32 Interpreting ROI Results

07:02 Next Steps and Pricing Strategy

07:54 Conclusion

⬇️Videos Referenced⬇️

Calculating LTV (https://youtu.be/uJICoFkpiB8)

Understanding CAC (https://youtu.be/IyDPGrq2rPM)

🔗 Connect With Us On Linkedin! 🔗

Nikole Mackenzie

📎 https://www.linkedin.com/in/nikolemackenzie/

Momentum Accounting

📎 https://momentumaccounting.com/

Scotty OKR Scarano

📎 https://www.linkedin.com/in/scottscarano/

Padgett NC

📎 https://www.padgettnc.com

Accounting High

📎 https://www.linkedin.com/company/accounting-high/

📎 https://www.accountinghigh.com/

Tags:

#MarketingROI #CustomerAcquisition #SmallBusiness #Profitability #LifetimeValue #CACCalculation #ROIExamples #ROIRatio #MarketingStrategy #BusinessGrowth #SalesCosts #MarketingCosts #MarketingTools #PricingStrategy #MarketingROICalculator #PodcastEpisode #MaximizingROI #ROIExplanation #BusinessOwners #MarketingAdvice

Join Scott and Nikole on the Ca$hflow $how as they discuss essential topics for small business owners. In this episode, they delve into Customer Acquisition Cost (CAC), explaining its importance, how to calculate it, and strategies to reduce it.

Download Nikole’s Marketing ROI calculator and watch the video instructions

https://resources.momentumaccounting.com/marketing-calculator

Chapters:

00:00 Introduction

01:00 Welcome Back: Class is in Session

01:10 Understanding Customer Acquisition Cost (CAC)

02:16 Calculating Marketing Costs

05:59 Optimizing Marketing Strategies

14:05 Improving Conversion Rates

18:58 Leveraging Organic Growth Channels

19:38 Conclusion and Resources

📣 Shout Outs: Terrell Turner

⬇️Videos Referenced⬇️

https://youtu.be/uJICoFkpiB8

🔗 Connect With Us On Linkedin! 🔗

Nikole Mackenzie

📎 https://www.linkedin.com/in/nikolemackenzie/

Momentum Accounting

📎 https://momentumaccounting.com/

Scotty OKR Scarano

📎 https://www.linkedin.com/in/scottscarano/

Padgett NC

📎 https://www.padgettnc.com

Accounting High

📎 https://www.linkedin.com/company/accounting-high/

📎 https://www.accountinghigh.com/