“With any kind of specialist, a CPA or an accountant or a lawyer, it's always best to use people who are used to dealing with startups. Not your aunt who lives in Minnesota and doesn't actually know how startups work.” - Kirsty Nathoo, Y Combinator Startup Class.
Hello Hunters! My name is Nodar Janashia and I’m one of the makers of CountUp. We spent 12 months curating our network of accountants. Our most important criteria was experience and knowledge of startup needs. It’s simple – tell us what you need, get matched with an accountant, and carry on building your product.
As an early stage startup, hiring an accountant is an excruciatingly painful and expensive process.
Traditional accounting firms have high partner fees, office expenses, and charge by the hour. At CountUp we use technology to eliminate overhead, providing you with a dedicated accountant for a flat monthly fee.
If we’ve come at a right time for you, try us out now and we’ll pay for your accountant for a month!
That’s it! We’d love to hear your thoughts and suggestions. I’ll be answering questions for the rest of the day.
@nodarj You say for a flat monthly fee, you get access to the accountant but does it technically mean I can call him any day at any time (except probably weekends and after hours)?
@cemedericarak Yes, you can reach out to your accountant for questions anytime through CountUp's live-chat OR by scheduling a call. All plans come with at least one monthly detailed screen-share meeting. If you have a question or need to reach out to your accountant you can do so anytime. Of course, if you require additional work to be done, your accountant will charge a fixed fee based on your additional needs. Let me know if you have any more questions! Would love to clarify.
Had the pleasure of going to Disrupt SF this year with Nodar to showcase CountUp. Really great service for something most people just don't understand or want to deal with in the first place.
@Nodar what would you say is the biggest mistake startups do with their accounting?
@danielrakh I would say the biggest mistake startups make is completely ignoring bookkeeping tasks in the very beginning. Sure you might not have a lot of transactions but these transactions will start to add up. Before you know it, you are forced to pay thousands of dollars for your accountant to trace back and manually reconcile most of your transactions.
If you spend just a little bit of time streamlining your daily bookkeeping tasks and organizing your financial data at the start of your operations, you will save thousands in accounting fees and have a clear vision of your company's finances. To me, accounting exercises have similar effects on building sustainable businesses as lean development exercises on building great products.
Very useful product Nodar especially for early-stage founders. I do believe there are huge advantages using Countup versus externalizing your accounting to any kind of firm. I'm sure lot of startups will be drawn to it.
@hicham_amine Thank you! And yes I think many early-stage founders completely ignore accounting because the typical accounting firm model is so out of reach for them. But good accounting is crucial to the long-term success and sustainability of any business. If you don't streamline your accounting processes right from the beginning, manual work will just keep adding up month over month. We hope with CountUp early-stage founders can get the high-quality accounting help they need for a price that makes sense for them.
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