Burkland

You’ve probably heard the term EBITDA tossed around in financial conversations. But what exactly is this acronym, and why should your startup measure it? #EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. This metric provides an accurate picture of how much revenue your company generated after accounting for all necessary expenses and helps potential investors understand what kind of return they would get if they invested in your business down the line. Measuring your startup’s EBITDA is essential for making intelligent decisions about how to allocate funds and grow your business over time. -------------------------- It can calculated based on either net income or operating income: ▶ EBITDA = Net Income + Taxes + Interest Expense + Depreciation & Amortization ▶ EBITDA = Operating Income + Depreciation & Amortization -------------------------- Burkland’s Startup Accounting team has helped hundreds of venture-backed startups measure and improve their EBITDA and other key financial metrics. Get in touch to learn more about how we can help your startup. 👉 https://lnkd.in/gWTNFwNR #StartupAccounting #StartupFinance #startups

Focus on developing great software and growing your SaaS startup while we focus on strategic finance and back-office operations. Burkland's team of SaaS experts is well-versed in recurring revenue models and all the challenges around SaaS revenue recognition and forecasting. Our curated collection of SaaS metrics and benchmarks helps our clients address areas for improvement and prepare for growth. 📈 =-=-=-=-=-=-=-= "Burkland has been a great partner for the last 5+ years. Prompt, dependable, resourceful, and insightful. We'd be at a loss without them." ~ Doug Kreuzkamp, Founder & CEO, Springshot =-=-=-=-=-=-=-= Get in touch to learn more about how we can help your SaaS startup succeed! 👉 https://lnkd.in/gN5gcFjQ #startups #startupfinance #SaaS

Misti Ushio, Managing Partner at Digitalis Ventures, shares her journey from research engineer to startup CEO, revealing the strategic pivots and invaluable lessons that fueled her success. In this clip, Misti offers advice for building a board of directors that will best serve your startup now and into the future. 🎧  Check out this episode of #StartupSuccess wherever you get your podcasts. #VentureCapital #Startups #BoardManagement

This month: Exploring the challenges and opportunities of scaling in a high-interest rate environment. Plus, tips for estimating TAM, an inside look at how a VC firm operates, best practices for strengthening team culture at remote startups, and more.

Employee turnover is costly. Gallup estimates the cost of replacing an individual employee is between 50% - 200% of their annual salary. But, hard financial costs are only half the story. Employee turnover can also severely impact your startup’s operational efficiency and culture. On this week's blog, Charles Ashworth, the Managing Director of Burkland's People Operations Practice, shares actionable strategies founders can implement to foster a more engaged and committed workforce. https://lnkd.in/g2q_Ut6w #EmployeeRetention #PeopleOps #startups

Misti Ushio, Managing Partner at Digitalis Ventures, joins us today for the latest episode of #StartupSuccess. Misti’s entrepreneurial journey took flight with the formation of TARA Biosystems, a groundbreaking startup that developed “heart-on-a-chip” technology. From raising $20 million in venture financing to navigating the complexities of scaling a biotech startup, Misti shares the highs and lows of her journey and discusses how her talent for commercializing cutting-edge research is a perfect fit for her most recent role as a VC. Misti offers valuable advice for startup founders on a variety of topics, including: 1️⃣ How to put together a board of directors that will best serve your startup 2️⃣ The often-overlooked impact of branding and business development on a startup's success 3️⃣ Methods for reining in the conflicting demands of running a fast-growing startup Tune in for a conversation filled with wisdom, insights, and inspiration! 🎧 Available now wherever you get your podcasts. #VentureCapital #Startups #BrandBuilding #BoardManagement

As soon as your business establishes nexus with a state, you become liable for sales tax payments to that state. 💰 State sales tax nexus can be established through several different means, including having a physical location, hiring employees, or meeting certain sales thresholds in a given state. All types of startups are affected, from those selling tangible and nontangible goods as well as services. Determining where you have nexus and figuring out how state laws apply to your offering is complicated. It’s not unusual for startup founders to be hit with a penalty fee or miss out on an important opportunity because they fell out of sales tax compliance without even knowing it. The best way to avoid being blindsided is to conduct a Nexus Study. Burkland’s team of startup tax experts can help. Get in touch to learn more! 👉 https://lnkd.in/gMJBXM4S #startups #StateTaxNexus #StateSalesTax

When you’re scaling a healthcare or biotech startup, you need a team with a deep understanding of the industry, value chain, and regulatory environment. Our team has wide-ranging experience in life sciences, #biotech, pharma, medical device, #Medtech, nutraceutical, healthcare services, #DigitalHealth, and telemedicine sectors. - - - - - - “Burkland’s finance and accounting teams have been instrumental in the growth of Inflammatix. From strategy conversations to tactical execution, the Burkland team was thoughtful, accurate, and responsive. Their work supported numerous initiatives, including our fundraising efforts, helping Inflammatix to grow as we have. I highly recommend healthcare/biotech/medtech start-ups contact Burkland for their finance, accounting, tax, and people ops needs.” ~ Jonathan Romanowsky, Co-Founder, Inflammatix - - - - - - Burkland’s team of CFOs, bookkeepers, and tax advisors help guide healthcare and biotech startups through market research, regulatory clearance and compliance, capital sourcing from healthcare-focused VCs and government grants, reimbursement structures, ERP setup, and more. Get in touch to learn more about how we can help your Healthcare or Biotech startup succeed. 👉 https://lnkd.in/gQaxHhs8 #startups #startupfinance #healthtech #biotechstartup

Burkland’s new Tax Toolkit for Startups features a suite of tools curated to help founders manage the tax-related aspects of scaling a startup. Resources include: ▶ R&D Tax Credit Calculator ▶ Sales Tax Guide ▶ Payroll Tax Tools ▶ Tax Prep Cost Calculator Being proactive with tax planning and preparation is essential to avoid costly mistakes and capitalize on potential savings. By leveraging these resources and working with experienced startup tax professionals, you can focus on building your company, knowing your tax obligations are well-managed. 👉 https://lnkd.in/gQhq9-YR #startups #StartupTaxes #RDTaxCredit

It’s hard work being a founder, particularly in this challenging market. On the latest episode of #StartupSuccess, VC Stasia Obremskey, Co-Founder & Managing Director at RH Capital, shares invaluable advice for founders on: • Managing your cash runway • How to best position your startup to attract venture funding • The pivotal role of a startup CFO 🎧 Listen now wherever you get your podcasts!  https://lnkd.in/gXc7exnT #Startups #VentureCapital #HealthTech #startupfunding #startupCFO