It's no secret that Seattle has seen booming growth over the last decade with many tech giants making Seattle their primary (or secondary) base of operations. Microsoft, Amazon and Google among many others. The tech industry alone accounts for 17% of Washington's economy which currently ranks 12th
A Product Without A Business Model Will Fail
Many startups fail to consider the importance of having a business model before launching a product to the market. This aspect is essential as it gives you the insight of what to expect once it's in the field. Without it, you run into a cloudy unknown, not knowing if you're just waiting for the
Timing is Everything when Launching a Small Business
This is one of the pitfalls of small businesses. If you've read Eric Ries, The Lean Startup, you know that releasing a product "early" can better serve your business (and product) in the long term. However, if you've been keeping up with the catalogue of reasons startups fail, then you know 13% of
When You Pivot Your Business, Ensure It’s Fast & Data Driven
In a recent report from CB Insights they aggregated data from myriad startups over the years to determine why they fail. Boiling it down to the top 20 reasons startups fail, 2 are the result of pivoting. Either failure to pivot or a pivot gone awry. A pivot entails altering the direction of your
Make Sure Your Business Is Solving A Market Problem
The number one reason businesses fail is due to them not solving a market problem. CB Insights conducted research based on 101 small businesses and found that 42% of small businesses fail due to no market need. Consumers of different goods and services will always have problems, which will always
Tackling Payroll As A Small Business
Dealing with anything that involves payment can be quite tricky and delicate at times. Small business owners, however, often have no choice but to do so all by themselves. That's because they often have to juggle many tasks at the same exact time. If you're at the helm of a small business that wants
What Accounting Software Do CPAs Use?
As a small business owner, the accounting software you use may directly impact your productivity. Given its importance, it is always a good idea to factor in what software CPAs use when selecting one for your company. But since the types of business that CPAs handle and the needs of clients they
Will Automation Kill The CPA? In A Word: No.
Automation is a huge topic in the world nowadays. It's going to be affecting so many fields and industries for years and decades to come. Automation is going to pave the way of the future. Many people understandably fear that it may make many jobs obsolete. However, CPAs can breathe a sigh of relief