Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Ari Salafia

๐Ÿ‘ค Speaker
358 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

But as a founder, it's super painful when you have all these people saying, hey, what else do you do?

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

Like, I want to give you more money and you don't have anything to give to them.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

So over the last year, we've been building out a couple of different offerings.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

One has been an additional tax credit that came out of the CARES Act kind of PPP.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

So this is my cell.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

If you have employees and you experienced either a revenue reduction in the last couple of years, or if you're a brand new startup and you started in 2020, you could get up to $7,000 per employee per quarter.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

It's pretty huge.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

It's a big refund check from the IRS.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

So we launched ERC in addition to R&D, and we're really excited.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

Actually, this week, we just made the announcement that we are offering tax credit financing.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

So typically, you have to wait for your tax credit until you file a check.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

every year and we now can actually front a majority of that so that you can get your sooner and use that to grow your business but we want we wanted to do this for the last two years but we just weren't ready we needed to get the credit process down we needed to get customers that were wildly happy with what we were providing and being advocates

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

Until we were able to open up business lines two and three.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

So I know it's really exciting when you want to open up a whole lot of service offerings.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

But again, when you're competing, you know, and you don't have much bandwidth, it's just really important that you do that one thing first.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

And that's been extremely successful for kind of a successful strategy for us.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

We had to slow down to now go kind of faster.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

So last, talking really kind of quickly about building your company machine.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

This is really about organizational health, culture, and how your internal culture really can really affect you positively with your external customer base.

SaaS Interviews with CEOs, Startups, Founders
How I competed with $1M at TaxTaker vs. $100M in competitor funding

So you really always want to be intentional.