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The Top 10 Important Finance Mistakes First Time Founders Make

SaaStr

There is nothing worse than telling your board and investors you need to adjust your revenue recognized or revenue forecast. Advice: With an Excel sheet model, start tracking your recognized/deferred revenue balances. Advice: You are not doing yourself a favor if you look solely at that revenue number.

Finance 321
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How to Stop Micromanaging After $1m-$2m ARR. You Have To.

SaaStr

You still have to understand — and communicate — the competitive landscape better than anyone. Accounting for recurring revenue companies is really nothing like that of non-recurring revenue companies, especially in modeling, deferred revenue, etc. You still have to promote the heck out of your company.

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The SaaS Financial Model You’ll Actually Update (Updated 2019)

Baremetrics

After all, SaaS has many unique metrics and KPIs that can’t be communicated using only a three statement structure. This is where you’d benefit from bringing in someone from your leadership team to keep things up-to-date. . We already know what the revenue forecast is. New Customers.