Stuart Budd from FD Works explains why you need a viable business model before your start-up can start the scale-up process.
As any business using Xero online accounting will tell you, it’s a brilliant piece of software for getting real-time control over your finances, key numbers and reporting. But to realise the true benefit of this functionality, you’ve got to get your hands dirty and start tailoring the Chart of Accounts and accounting codes in Xero.
