You can have strong ideas, a strong team, and strong business model – but if you don’t have financial information to depend on, you’re at a disadvantage.
Know what your
numbers are telling you,
so you can make
decisions fast
numbers are telling you,
so you can make
decisions fast
When you have ambitions to grow your startup, not knowing your numbers is a weakness.
NO MATTER THE SIZE, YOU CAN TURN IT AROUND AND HAVE THE ADVANTAGE.
Businesses seeing the best growth and success know their numbers and know how to use them.
We’re here to help you get clarity on your numbers.
Let’s get clear on where you are and where you want to go, and turn those insights into action.
Where are you on your journey
Whether you need basic bookkeeping or a full accounting team, we’ll work with you to understand your needs and keep you moving forward.
SEED STAGE
- Operations are just getting started. The founders are wearing many hats and starting to outsource key operational tasks like accounting.
- Onboarding and Clean Up: We identify areas for improvement during the discovery phase of the relationship. Bookkeeping is corrected and the general ledger is brought up to date.
- Monthly Bookkeeping: As you get ready for your first investors, WA maintains a simple set of books, takes care of your bills, runs payroll, and assists with invoicing. Your books are current and ready for the annual tax return.
EARLY STAGE
- Operations are ramping up. Your product is continuously improving and sales are picking up.
- The monthly accounting is becoming more complex and investors are showing interest in the financials.
- Your books should be kept on an accrual basis and accounting processes are becoming more complex.
- A fractional CFO may start working with you.
- Startups usually issue convertible notes as they prepare for a Series A round of funding.
- At this stage, the cash runway is monitored very closely. Fume dates are projected monthly if not weekly.
GROWTH STAGE
- A full-time CFO may join your team. They are charged with building out the finance department to get ready for a Series B round of funding.
- The volume of accounting transactions is multiplying. You may need more than one accountant assigned to your account as invoicing, bill pay, and payroll become more time consuming.
- WA’s team is available to the client and their employees on a daily basis.
- The fractional controller participates in weekly management meetings and is available to the CFO during business hours as necessary.
- In addition to the monthly close, budgeting and projection files are updated quarterly if not monthly.
- Third party apps are introduced to assist with accounts payable approvals and expense report management.
- WA assists the CFO in drafting accounting policies for internal controls.
- WA works directly with your auditors to complete an initial review or
audit required by 3rd party investors. - A data room may be established for another round of funding. WA assists with the accounting portion of the due diligence process.
- You may issue another round of convertible notes, take on institutional debt, then complete a Series B round of funding.
- The monthly close is completed in 5-10 business days to accommodate the CFO’s reporting obligations to the Board of Directors. Compliance reports may also be required for banks.
SCALING STAGE
- The finance department is filling out nicely. A departmental budgeting process is introduced. WA’s controller works directly with department heads to monitor and tweak budgets.
- In addition to compliance functions, an internal billing department may be necessary. Revenue analysts are hired and the FP&A process is formalized.
- Tax compliance is becoming more complex as sales increase in multiple states and employees are hired in new states.
- A budgeting process is introduced by the CFO and WA’s fractional controller creates monthly “budget to actual” reporting packages.
- WA works with your auditors and tax accountants for annual
compliance requirements. - WA works closely with the CFO to monitor the capability of the outsourced accounting functions to grow with the company. A full-time controller may be necessary in this phase. Additional transactional help may be required.
- The monthly close process is completed in a shorter period of time (usually 5-6 business days) to accommodate more robust reporting requirements for investors and the Board of Directors.
Startup
(starting at $500/month)
You need a basic set of books. We’ll keep you organized and compliant for your yearly tax return. Your tax accountant will LOVE us.
Growth
(starting at $1000/month)
Your accounting needs weekly attention. You may need help with invoicing, bill pay or payroll. We’ll take care of these tasks and be available to you when needed.
Scale
(starting at $3000/month)
You need an accounting department that is available to you daily. Full, back office support is required so your company can run at an ideal pace. This includes A/R, A/P, payroll, sales tax, expense management. Current, accurate information is a must for operations and investors.
Whatever stage your business is at we’ll:
You’ll feel like we’re a part of your team
“The best part of working with Walker Agency is that they take full ownership of the areas they commit to. They are a part of our team and require very little guidance. On top of taking care of their tasks, they keep a watchful eye on related areas. I recommend them to anyone who wants to regain their peace of mind.”
–Joe Alapat, CEO & Founder, Liongard
THE PROCESS STARTS BY TELLING US WHAT STAGE YOU’RE AT, BUT IT DOESN’T STOP THERE.
As you grow, we grow with you.
Done with dawdling?
Tell us where you are on the journey to get started.