3 Mistakes New SaaS Companies Make that Impede Growth Many new SaaS companies start out with a product and a dream of growing their business around that product. Then, they hit the market and realize they aren’t growing at the [...]
When it comes to setting up a SaaS subscription model, many business owners have the same question. Should SaaS companies charge annually or monthly? After all, pricing can have a direct impact on their revenue. Anthony Nitsos, the founder and CEO of SaaS Gurus, is here today to help SaaS business owners answer the question of how to set up their SaaS subscription model effectively.
What I've seen companies struggle the most with is figuring out how to get to market. They've got a great product and understand what its value proposition is. Yet, these companies struggle to get the word out to their target in a way that the target can realize. The problem of decoding the DNA of the company recurs over and over again. The issue mainly comes down to the fact that many tech startups don't think of the go-to-market stage.
Understanding which metrics matter is a crucial element of accounting for SaaS companies. You need to know your annualized recurring revenue and your monthly recurring revenue if you're in a more of a consumer model.
B2B SaaS Metrics that Determine the Value of Your Business When it comes to maximizing the value of your software business, which B2B SaaS metrics should you be focusing on? If we're talking about the monetary value of a business, [...]
Failing to plan is planning to fail. In many cases, it can be just as easy to go out of business by growing too fast and not being optimized and ready, as it is by not selling enough to survive.
A SaaS CFO does more than optimize businesses, it transforms them. The ripple effect of implementing the correct systems, processes, and technology reaches every area within a business. We talked about business optimization in our previous article: How a Part-Time [...]
Sometimes in business, you have to take a hard look at the systems in place and determine what changes need to be made for success. However, if you target the wrong areas, you could be right back where you started or even deeper in the hole. SaaS Gurus takes a holistic approach to isolate the true cause of business issues and reminds clients why it’s important to hire a part time CFO to optimize your business.
People often ask about the types of guarantees that SaaS Gurus offers and how we implement them. First off, it’s surprising that more companies don’t offer guarantees on CFO services. The training SaaS Gurus received as a Six Sigma Black Belt controller taught us that the guarantee of quality is inherent in everything that you do.
I'm often asked how we developed our methodology to CFO work. In large part, that’s because of my background. SaaS Gurus takes an innovative, multi-tier approach to part-time CFO work because I wasn’t a finance and accounting person from the beginning.