Questions on Startup Finances? Watch Jessica McKellar’s AMA
There’s a lot to keep track of with a new company, and it’s normal for first-time founders to have a lot of questions about the business side of their startup. It can be a ...
Get the Guide: What To Do After You Found a Tech Startup
Founding a startup is a huge, exciting step. You had a vision, you went after it, and now you’re making it a reality. Running a successful company, however, requires more t...
How to Read a P&L Statement
Your financial statements are a key tool in managing your business. They give you the information you need to understand your business’s health, and make accurate projectio...
What is an Outsourced CFO?
A question we hear often from startups is when to hire a CFO. Every company is different, of course, but for many of our startup clients the answer is the same: if you aren...
3 Signs It’s Time to Switch Bookkeepers (Before Tax Time)
Sooner or later, even the most budget-conscious business owner needs to bring in some outside help. Bookkeeping is a prime example of a task most owners will want to offloa...
How Good Are Your Books? Take Our Quiz!
It’s no secret that we’re passionate about high-quality bookkeeping, and for a very good reason: your books are one of your best tools for understanding and managing your b...
How to Leverage Your Back Office for Growth
When you think of the functions that will help your company grow, you probably think of roles like product, marketing, or sales. You probably don’t think of your back offic...
Bookkeeping with Pilot: How It Works
One of the most common questions we get from businesses that are considering their bookkeeping options is “how does Pilot actually work?” usually followed shortly by “can I...
What to Know About the July 15 Tax Deadline
Taxes aren’t typically a hot topic in late June – but there’s been nothing typical about 2020, and its tax season is no exception. As you probably know, earlier this ...
How Investors Evaluate Your Business
What is your business worth to a potential investor? If it sounds like a complicated question, it is. Business valuation can vary a lot by market, vertical, business type, ...
PPP Loan Forgiveness: What We Know
Update 6/30: On June 5, the Paycheck Protection Program Flexibility Act adjusted some requirements for loan forgiveness, including timelines and the amount required to be s...
PPP Flexibility Act: New Deadlines, New Spending Rules
Last week, Congress passed the Paycheck Protection Program Flexibility Act, which was signed into law on June 5. This new legislation includes some of the most significant ...
How to Create (and Use) Your Business’s Budget
A comprehensive, well-constructed budget is essential for effectively managing your business. Putting a good budget together, however, can be easier said than done – ...
Pilot Partners with Gusto for Streamlined R&D Tax Credit Claims
Growing companies of all shapes and sizes trust Pilot to help them navigate the complex process of claiming the R&D tax credit, which can be worth up to $250,000 in pay...
Ask a VC: Fundraising in the COVID-19 Era
It’s a question on many startup founders’ minds: what does the current economic upheaval mean for companies trying to raise funds? For insight, we went straight to the sour...
Resource: Adapting Your Financial Plan to a Changed Economy
Back when most companies were planning for 2020, few people could have imagined where we’d be right now. The COVID crisis and its economic fallout is forcing businesses big...
Watch: R&D Tax Credit Essentials
For startups looking to extend their runway, the R&D tax credit can be a considerable lift. Introduced by Congress to encourage American innovation, the credit allows c...
Understanding Your Cash Flow
Running out of cash is every startup’s nightmare. The most serious scenario is obviously burning through your runway, but temporary cash crunches can happen too. Few things...
How to Reduce Your Startup’s Operating Expenses (And Still Get Things Done)
By now, it’s becoming clear that the economic disruption caused by COVID-19 is unlikely to vanish anytime soon. For many startups, this means contending with increased cash...
Watch: Making Sense of the CARES Act and the PPP
Since the CARES Act was passed into law March 27, there’s been a lot of confusion around how it will work in practice – particularly the Paycheck Protection Program (...
(Re-) Calculating Your Cash Burn Rate in a Downturn
So you started 2020 with everything figured out: you had a manageable cash burn rate, you had a clear amount of runway, you had a business strategy built around both. Then ...
Estimate Your PPP Loan Amount With This Calculator
Today is the first day small businesses may apply for loans under the Paycheck Protection Program (PPP). While there is still a lot we don’t know about the PPP application ...
Fireside Chat: Financial Strategies for Startups in Times of Uncertainty
The global economy has changed dramatically in the past few weeks. For startups, this can mean that last month’s business plan no longer applies. As a founder, what do you ...
Get the Guide to Claiming the R&D Tax Credit
You may have heard that the R&D tax credit is a particularly valuable one, which can get you up to $250,000 back in payroll taxes (and if you pay income taxes, that num...
What Does the Coronavirus Mean for Your Taxes?
The coronavirus pandemic is affecting every aspect of life in the US, and taxes are no exception. The federal government, along with a number of states, has announced new d...
The Top 5 Startup Bookkeeping Mistakes
Bookkeeping is an essential part of running a business – particularly in uncertain times, when it’s more important than ever to have an accurate picture of your compa...
Getting Tax Help: How Late is Too Late?
Tax season is the same time every year, but with all the whirlwind responsibilities of managing a growing business, it can be easy to turn around and realize it’s somehow a...