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For a growing startup, there will likely come a time when you have to find a CPA accounting service or a financial consulting firm. It's a complex field and, even if you have an expert CFO, the dangers of mishandling finances are high and costly. When choosing an accounting service or consultant, it's important to identify which firms have experience with the startup world. You'll face different problems than established companies face, and you'll need guidance from people who know what they're doing. Luckily, Austin is full of qualified CPA accounting services with startup experience or expertise.

In 2018, Austin startups raised over $1.5 billion in funding, and the city shows no signs of slowing down. Some of the accountants that we've listed  have helped those startups through the fundraising process, and helped to turn those 200+ deals into reality. 

Listed below are some of the most notable startup accountants and firms in Austin, who can guide you through the growth process of your startup: from fundraising and hiring to mass-scaling and beyond. Some of these firms have worked with top entrepreneurs in Austin, and they can provide immense value to your startup. In addition, we have included a few questions you can use to gauge whether an accounting service is right for your business or not. 

 

Austin Startup Accounting Services

 

Questions to ask accounting services in Austin

When you meet with startup accounting services to decide which is best for your company, it's important to remember that these meetings should be a two-way street. On one hand, you will be interviewing the firm to gauge how much value they can provide you. On the other hand, they will be interviewing you to see if you will be a worthwhile founder, and whether your company is a good fit for their overall vision. As a result, it is always good to start the meeting by introducing yourself, and then describing your business, your stage, and your specific areas of need.

Below are some other questions you may want to ask a prospective accounting service in Austin:

  1. Which startups in Austin have you worked with, and why are you interested in working with more startups now?
  2. Does anyone at your firm specialize in startups, or in my company's particular sector?  
  3. Have you ever helped a startup through the fundraising process before? 
  4. If so, which fundraising methods did those startups use? Crowdfunding? Venture rounds? An ICO?
  5. Have you guided startups through exits?
  6. How often do you anticipate we would be able to speak with one another, if we chose to sign on?
  7. What are the associated costs? Are there any additional startup accounting fees, or do you offer discounted rates?

Are you looking for expert guidance and feedback to build a startup in Austin?

The Founder Institute is an idea-stage accelerator that works with solo-entrepreneurs, and teams, during the earliest stages of building a business. Through an intensive 3.5 month program, FI participants build their business through a proven structured process, and receive feedback and assistance from over 30+ successful entrepreneurs and investors in Austin. Upon completing the program, Graduates join a global network of entrepreneurs and receive ongoing help to get funding and build their business. FI Graduates have raised over $1.75BN in funding, and are building some of the world's fastest growing companies.

Learn more about the Founder Institute at FI.co, join a free startup event in Austin, or apply to build a startup in Austin today.

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