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Finance
🏦

Finance

Startup Recipes
Startup Recipes

Financial modeling tools, cost calculators, startup-friendly banks, fractional bookkeepers and CFOs, cap table management, outsourced payroll/benefits.

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Searchable List of Tools, References, and Best Practices

What finance team is right for my startup?
medium.com

An excellent overview of the types of finance support your startup should have based on your fundraising stage.

Best Practices
$0.00
Free Tier?
AWS Spend Management Best Practices
www.aimably.com

A very thorough document from Aimably that covers best practices for managing your spend on Amazon Web Services as you scale. Many of the techniques in the document also apply to other cloud providers as well.

Best Practices
$0.00
Free Tier?
How to read an income statement
onlycfo.substack.com

OnlyCFO’s Substack post on how as a startup founder to read an income statement and use it to drive your business.

Documents
$0.00
Free Tier?
What should founders pay themselves?
openvc.app

An analysis of founder salaries for companies at pre-seed through Series A, from OpenVC (and drawing data from Carta and other sources. tl;dr : In the U.S. $50k at pre-seed, $100k at seed, $150-$200k at Series A.

Best Practices
$0.00
Free Tier?
An overview of key financial statements
twitter.com

A thread from Clint Murphy, veteran startup CFO, that covers the three key financial statements founders need to know, what they cover, and how to use them to guide your business.

Documents
$0.00
Free Tier?
Founder Guide Financial Model
docs.google.com

Early-stage SaaS financial model for reference.

Documents
Free Tier?
Mercury Banking
mercury.com

Banking built for startups. FDIC-backed, integrated credit cards, reporting, and more.

Self-Service Tools
Free Tier?
Example financial statements
docs.google.com

A reference set of financial statements based on a fictional early-stage tech company.

Documents
Free Tier?
Startup cost calculator
www.sba.gov

A framework for calculating startup costs, provided by the SBA. Mainly targeted at retail businesses but the framework included is adaptable.

Documents
Free Tier?
Pilot
pilot.com

SaaS Bookkeeping, Tax, and fractional CFO services. Fees based on monthly expenses.

Self-Service Tools
Free Tier?
10 SaaS key financial metrics
tomtunguz.com

from Tom Tunguz

Best Practices
Free Tier?
Nimbl
trustnimbl.com

Fractional CFO

Self-Service Tools
Free Tier?
Gusto
gusto.com

Automated Payroll Management

Self-Service Tools
Free Tier?
TriNet
www.trinet.com

Automated HR/benefits service

Self-Service Tools
Free Tier?
captable.io
captable.io

self-service cap table scenario modeling tool

Self-Service Tools
$3,000.00
Free Tier?
YourCFO.us
www.yourcfo.us

Fractional CFO

Self-Service Tools
Free Tier?
Cardconnect's startup cost calculator
cardconnect.com

A self-service questionnaire to help you figure out how much your startup will cost to build.

Self-Service Tools
Free Tier?
Finmark
finmark.com

A scenario-based financial modeling tool. Cost per month increases based on annual revenue - prices start at $25/month

Self-Service Tools
$300.00
Free Tier?
Pry
pry.co

Scenario-based financial modeling tool. Annual price has two tiers: $500 for under $100k revenue, $1k for over.

Self-Service Tools
$500.00
Free Tier?
Financial Model template
www.basetemplates.com

An Excel-based starter financial model. Offers three versions - a SaaS B2B model, a B2C Ecommerce model, and a blank model that covers other types of startups.

Documents
$99.00
Free Tier?
Quickbooks
quickbooks.intuit.com

The most popular small business accounting tool. Scales well to growth-stage. You can generally find accountants and fractional CFOs with experience specifically in Quickbooks.

Self-Service Tools
$300.00
Free Tier?
Wave Accounting
www.waveapps.com

SaaS accounting and invoicing software similar to Quickbooks but with a free-forever tier.

Self-Service Tools
$0.00
Free Tier?
Justworks
justworks.com

HR, payroll, benefits, compliance as a service. for startups (under 25 people) the basic plan is $49/mo per person. $99/mo includes access to benefits plans.

Self-Service Tools
$588.00
Free Tier?
List of 450+ SaaS company valuations
airtable.com

A public database of over 450 SaaS company valuations, including company name, revenue, type of valuation (funding round, M&A, etc), and revenue at time of valuation. Curated by the team at https://founderpath.com/products/valuations

Documents
Free Tier?
12 different SaaS financial models compared
openvc.app

OpenVC did a very thorough comparison of twelve different SaaS financial models (some paid, some free) across a number of categories. Links are provided to each model.

Documents
Free Tier?
Casual App for startup financial modeling
www.causal.app

A robust tool to help you build out financial models and compare plan vs actual over time. Stick with the free tier until your business is generating enough to cover the paid tier at $250/mo, which includes import from accounting software and other features.

Self-Service Tools
Free Tier?
Forecastr free financial model templates
www.forecastr.co

Google Sheets-based templates for several different types of businesses; SaaS, marketplace, E-commerce, transactional, services, and enterprise sales. Free, but asks for an email address to download them.

Self-Service Tools
$0.00
Free Tier?
Pipe
pipe.com

A service that allows companies to sell their recurring revenue for cash.

Self-Service Tools
Free Tier?
How to run a startup Board meeting
onlycfo.substack.com

OnlyCFO’s guide to preparing for and running a successful Board meeting.

Best Practices
$0.00
Free Tier?
How to read a balance sheet
onlycfo.substack.com

OnlyCFO’s Substack post on how as a startup founder to read your balance sheet and use it to drive your business.

Documents
$0.00
Free Tier?