Why you should outsource administration of your cap table on Carta.
Are you wondering whether to keep your Carta cap table administration in-house or whether to outsource it? Here are five reasons why you should outsource it:
Expertise: Outsourcing your admin to an external firm allows your company to access expertise and experience in equity management that may not be available in-house.
Cost savings: Outsourcing your admin can save you money by reducing the need to hire and train additional staff in-house, and reduces your attorney’s billable hours involved in your cap table management.
Compliance: An external firm can help your company stay compliant with relevant regulations and laws related to equity.
Time savings: Outsourcing equity administration can you time by allowing you to focus on core business operations rather than managing equity tasks.
Scalability: An external equity firm can handle a high volume of equity transactions and administrative tasks for your company, so you’ll have the same partner regardless of how quickly you scale.
Ultimately the decision is up to you as to whether or not (or when) you’d like to outsource your equity administration. We’ve found it the most beneficial for any company when they can have a person or team who is dedicated to equity and the cap table, as opposed to multiple people who fractionally own the administration.
Our team at Equity Admin Co. can help regardless of your company’s size or location. We have clients who are brand new incorporated startups, and others who are some of the most valuable pre-IPO companies in the world. Reach out today to see how we can best serve you.
