Successful Startup 101: September 2014 Successful Startup 101: September 2014 | Page 24

2 STARTUP EXPeNses YOU SHOULD
NeVeR SHORTCUT
By AJ Agrawal

You won’t feel the pain until it’s too late. Your startup will be catching fire and then all a
sudden everything will come to a screeching halt. This is what happens when you take
shortcuts with important expenses.
With that said, there are two costs you should never try to cut or sidestep: legal and
accounting. Too many startups neglect these expenses when they start their companies.
Over time, it ends up becoming their worst nightmare. Here’s how can make sure you
have your legal and accounting in order.