Software Features

Each accounting software package has been thoroughly analyzed and there is a detailed breakdown showing features of each. Most packages offer all most important accounting modules. It was interesting to note that most expensive software did not offer some of modules offered by less expensive alternatives. The breakdown is very detailed and you'll be able to see for example if software offers e-mail invoicing.

Software Support

The most important feature in our opinion is support. The top 4 accounting packages include toll free support and FAQ's.

Hopefully you now have an idea of what to look for in an accounting software package and how much you should pay. If you would like link to website we researched to compile above information please visit our website.

* Lending institutions (banks) * Venture capital firms * New private investors * Other professional service providers within your core management team

If you developed a list of potential investment partners prior to start-up, renew your contact with these individuals. By telephone or letter, convey success your product or service has experienced, as well as your purpose for post start-up funding. With a solid track record in hand, you may be surprised to find how many potential second-round investment partners you have.

In addition, you’ll be in a stronger position during negotiation process, meaning you won’t have to give up as much control to achieve your desired result.

Tips For Maximizing Post Start-Up Funding

* Don’t commingle funds. Avoid falling into trap of using new funds to level books. If you obtained additional funding for expansion, do not deviate from plan. Address any cash flow problems or existing debt service independently from your company’s expansion needs.

* Learn from past mistakes. Undoubtedly, your company’s start-up phase was a learning experience unlike any other. Recall lessons learned from handling your initial start-up capital. Now that you’ve established a strong working relationship, call in your management team to gather additional opinions on best way to disburse funds on each project.

* Look for new opportunities along way. As you implement your expansion plan, be on lookout for ways to streamline and maximize results of your efforts. Don’t be afraid to upgrade your plan; remember that your business plan should be a “living” document, able to flex as status of your market and general economy change.