best accounting firms for startups
Startup Accounting Services for Startups and Founders
At Freedom Sun, we understand what it's like to operate as a startup business, and the importance of smart accounting to help you startup not just grow, but thrive.
Startup Accounting Services
Running a startup comes with a unique set of financial challenges. From managing burn rate to navigating investor expectations and building scalable systems, the financial landscape moves fast—your accounting should too.
At Freedom Sun, we specialize in startup accounting that's designed for founders and teams who need clarity, control, and financial leadership.
Whether you're launching your MVP, scaling operations, or preparing for funding, our team helps you stay on track, stay compliant, and make smarter decisions.
The Cost of Poor Startup Accounting
In a startup, bad accounting isn’t just inconvenient—it’s a threat to your growth.
One misstep in reporting, cash flow, or budgeting can derail momentum, scare off investors, or create long-term financial holes.
Your numbers aren't just for your CPA, they're your roadmap to smart leadership.
We help you:
Build investor-ready financials
Manage burn rate and forecast cash flow
Track expenses and allocate costs correctly
Set up financial systems that scale
Make data-informed decisions that drive growth
Why Startups Need Specialized Accounting
Startup accounting isn't traditional bookkeeping. You need:
Financial systems built to grow with you
Budgeting that aligns with hiring and product timelines
Accurate forecasting and cash flow models
Clean, reliable reporting for leadership and investors
Tools and dashboards to see the full picture
We bring years of experience supporting founders through every stage of growth—from pre-seed to Series B and beyond.
Our Startup Accounting Services
We provide full-spectrum cannabis business accounting tailored to cultivators, manufacturers, distributors, and retailers.
Monthly Startup Bookkeeping
Accurate categorizations, reconciliations, and reporting across banking, payments, and platforms.
Cost Tracking & Margin Analysis
Understand your true costs and margins by department, team, or product.
Chart of Accounts for Startups
Set up or optimize your chart of accounts based on your model and business goals.
Financial Strategy & Budgeting
Structure your expenses, set monthly targets, and forecast with clarity.
Cash Flow Forecasting & Budgeting
Make confident decisions with forward-looking financials that account for seasonality, market changes, and growth goals.
Investor Ready Financial Reports
From internal controls to licensing renewals, we prepare reports that meet state, local, and investor standards.
Want 1:1 Expert Startup Accounting Support?
Instant access. No fluff. Just actionable value from a cannabis CFO who’s been there.
We also offer Accounting Training
Whether you're a founder, COO, or in-house finance lead, our training programs help you master the financial foundations of startup operations.
For Founders & Startup Teams
We train your internal team on:
Financial literacy for non-finance founders
Budgeting and cost planning
Financial system setup and reporting
Burn rate management and runway tracking
Building internal SOPs and workflows
For Accountants & Bookkeepers
We help finance professionals:
Understand startup-specific finance needs
Set up scalable, SaaS-ready systems
Package services for early-stage founders
Use templates, checklists, and SOPs
Stay current with investor reporting and startup KPIs
Some Questions You Might Have about Startup Accounting
What makes startup accounting different?
Startups need forward-looking, flexible systems that support growth, fundraising, and fast decision-making.
What is IRS Section 280E and how does it affect my cannabis business?
280E is a federal tax code that prohibits businesses involved in the trafficking of Schedule I or II substances—including cannabis—from deducting normal business expenses. This significantly increases tax burdens unless your cost of goods sold (COGS) is properly tracked and documented. Cannabis businesses need expert accounting strategies to stay compliant and reduce tax liabilities under 280E.
Do you help with budgeting?
Yes—our fractional CFO services focus heavily on cash flow, forecasting, and investor readiness.
Can you train our internal team?
Yes, we offer team training and licensing options.
Do you offer 1:1 Support or Just Training?
We offer both. Book a call to get matched with the right support.
Startup Accounting Blog Posts
9 Things Every Accountant Should Do When Working in the Cannabis Industry
9 Things Every Accountant Should Do When Working in the Cannabis Industry from a CPA who's been working in cannabis since 2015. ...more
Cannabis
April 16, 2025•6 min read
Cannabis Accounting and Section 471(c) for Cannabis Businesses
Section 471(c) of the Internal Revenue Code provides cannabis businesses with an opportunity to simplify how they handle materials and supplies and inventory accounting and cannabis accounting for tax... ...more
Cannabis
December 01, 2024•6 min read
The Impact of IRS 280E on Cannabis Accounting: What You Need to Know
The Impact of IRS 280E on Cannabis Accounting: What You Need to Know. ...more
Cannabis
August 01, 2024•7 min read
Get Confident in Startup Accounting
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