Accounting for startups—the basics include payroll, financial statements, taxation, bookkeeping, laws and accounting principles. Get versed in this language of business and know when to bring in an accountant. Founders also need to know which revenue model to choose.
It is possible to benchmark your pro-forma financial statement data by type of business, size of business, and by line of business (e.g., industry or NAICS) using these Canadian sources:
