outright

Outright
Type	Private
Industry	Online Accounting, Bookkeeping Taxes, Schedule C
Founded	2008
Headquarters	Mountain View, California
Key people	Kevin Reeth, Co-Founder; Ben Curren, Co-Founder; Steven Aldrich, CEO
Owner	GoDaddy
Website	Outright.com

WordNet

without restrictions or stipulations or further payments; "buy outright"
without reservation or exception (同)straight-out, unlimited
without reservation or concealment; "she asked him outright for a divorce"

PrepTutorEJDIC

完全の,全くの / (比較変化なし)包み隠さず,率直に / 直ちに,すぐさま / 即座に

Wikipedia preview

出典(authority):フリー百科事典『ウィキペディア（Wikipedia）』「2015/04/30 06:50:46」(JST)

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[Wiki en表示]

Outright is a US accounting and bookkeeping application that assists small businesses and sole proprietors with managing their business income and expenses. It also provides them with a means to organize and categorize expenses for filing a Schedule C.^[1]^[2]^[3]

History

The BootStrap website existed for only a few months before being renamed Outright

Kevin Reeth and Ben Curren worked together at Intuit in 2006 and then later at a web-application firm called Esomnie LLC. As a Product Manager and Software Engineer respectively, the two were heavily involved in the development and marketing of Quicken products.

Kevin and Ben had become increasingly frustrated with the complexity of doing taxes for small businesses, so in 2008 they founded a company and website called BootStrap.^[4]^[5]^[6] The Website was renamed Outright just a few months after launch, though it continues to be operated by BootStrap, Inc.^[7]

In 2009, the company raised a total of $7.7 million funding from Sequoia Capital, First Round Capital, Shasta Ventures and SoftTech VC among others.^[5]^[8]^[9] Today, the website manages $1.2 billion in transactions from small businesses and independent contractors.^[6]^[10]

On July 17, 2012, Outright.com announced in an email to all customers that they had been acquired by GoDaddy.com.^[11]

Items & Services

Outright.com tracks and manages business income, expenses and tax liabilities. Users input their business account information and Outright structures that information into reports and prepares it in a way that can assist with tax submissions.^[12] The online-only tool does not involve any software installations and can import financial information from PayPal, FreshBooks, oDesk, and other financial management tools.^[2]^[5]^[12]^[13]^[14]^[15]^[16]

The website has the following features:

Reports income and expenses for sole proprietors filing a Schedule C or 1040
Manages W-9s for paying independent contractors, freelancers, and anyone outside of company staff for 1099 filings^[17]

Outright also has an eBay Bookkeeping Selling Manager app that imports transaction data from eBay and PayPal accounts to help eBay sellers manage their finances.^[18]^[19]

Major competitors

The biggest accounting competitor is QuickBooks, which holds up to 90% of the market of small businesses that already use an accounting application.

There are several SaaS accounting apps in the market, including StraightBook, LessAccounting, FreeAgent, Kashoo, Saasu, Freshbooks, Xero, KashFlow, Aplos Software for nonprofits, and Sage Group.

Reviews

PCMag gave Outright Plus 2.5/5, praising its user interface; however they criticised its limited features, saying it would be ok for "a sole proprietor or very small business", and recommending QuickBooks Online for those seeking a fuller-featured solution.^[20]

Tech Republic said Outright was "worth a look", comparing it to Intuit's Mint.com but cautioned that while it offered better tax-calculation facilities than Mint.com, it offers no way to actually pay taxes.^[21] Small Business Trends recommended it for sole proprietors, finding it lacked features such as payroll necessary for businesses with employees.^[22] Macworld in 2010 scored it 3.5/5, saying it was easy to get data into the application, but was critical of some missing features that Outright said would be added at a later date.^[23]

References

^ By Mickey Meece, New York Times. On to Plan B: Starting a Business. Retrieved March 25, 2010.
^ ^a ^b By Kathy Yakal, PC Magazine Review of Outright. Accounting & Tax. Retrieved March 25, 2010.
^ By Karen Klein, BusinessWeek. “Advice for Tax Procrastinators, 2009.” Retrieved March 29, 2010
^ Outright.com Home Page. Retrieved March 25, 2010.
^ ^a ^b ^c Ty McMahan (2009-11-16). "Outright Lends A Hand To Small Businesses With $5.5M Funding". Wall Street Journal Blog. Retrieved March 25, 2010.
^ ^a ^b By Anthony Ha, VentureBeat. “Bootstrap launches financial management site for businesses that don’t like financial management.” Retrieved March 29, 2010
^ Ben Kepes, Cloud Ave. "Accounting 2.0 at CloudAve". cloudave.com. Retrieved February 16, 2009.
^ By Paul O’Brien, Outright Blog. “Outright Raises $5.5M with Sequoia Capital.” Retrieved March 25, 2010
^ By Silicon Valley/San Jose Business Journal. “Outright.com launches with $2M funding.” Retrieved March 29, 2010
^ Reagan D. Lynch, Contributor to Outright Blog. "Simple, Non-cluttered, Accessible Bookkeeping". outright.com. Retrieved March 25, 2010.
^ "GoDaddy Acquires Outright, Establishes Mountain View Office". TechCrunch. July 18, 2012.
^ ^a ^b By Leena Rao, TechCrunch. “Outright Tracking More Than $1 Billion, Launches W-9 Management Service.” Retrieved March 29, 2010
^ By Howard Greenstein, Inc. “Small Business Web: Leverage and Cooperation.” Retrieved March 29, 2010
^ By Tom Abate, San Francisco Chronicle. “Outright software tools free to freelancers.” Retrieved March 29, 2010
^ Outright.com partners. Retrieved March 29, 2010.
^ By Scott Blitstein, WebWorkerDaily. “Outright Teams Up With PayPal & Expensify to Ease Your Bookkeeping Woes.” Retrieved June 04, 2010
^ Outright News “Collect and Manage W-9 Forms Online; Free.” Retrieved June 04, 2010
^ By Kevin Reeth, Outright Blog. “One complete picture.” Retrieved August 11, 2011
^ By Vangie Beal, Ecommerce-Guide Essentials. “eBay Integrates Outright Bookkeeping Solution.” Retrieved March 29, 2010
^ Yakal, Kathy. "Outright Plus: Review". PC Mag. Retrieved 14 January 2014.
^ Nawrocki, Matthew (May 7, 2013). "Outright: Review". Tech Republic. Retrieved 14 January 2014.
^ McCue, TJ (Aug 12, 2009). "Review:Outright: Simple Online Bookkeeping for Sole Proprietors". Small Business Trends. Retrieved 14 January 2014.
^ Battersby, Jeffery. "Outright". Macworld. Retrieved 14 January 2014.

External links

Outright Official Website
Outright Blog

UpToDate Contents

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English Journal

Public health, science, and policy debate: being right is not enough.

Camargo K Jr1, Grant R.
American journal of public health.Am J Public Health.2015 Feb;105(2):232-5. doi: 10.2105/AJPH.2014.302241.
Public health is usually enacted through public policies, necessitating that the public engage in debates that, ideally, are grounded in solid scientific findings. Mistrust in science, however, has compromised the possibility of deriving sound policy from such debates, partially owing to justified c
PMID 25521880

"Is there any way I can get something for my pain?" Patient strategies for requesting analgesics.

Buchbinder M1, Wilbur R2, McLean S3, Sleath B4.
Patient education and counseling.Patient Educ Couns.2015 Feb;98(2):137-43. doi: 10.1016/j.pec.2014.10.021. Epub 2014 Oct 28.
OBJECTIVE: We examined the direct and indirect means by which patients express a desire for analgesic medication.METHODS: Back pain patients presenting to an academic ED were invited to participate in a study of patient-provider communication. Audio-recorded encounters were transcribed verbatim and
PMID 25468395

BRD4 Inhibitor Inhibits Colorectal Cancer Growth and Metastasis.

Hu Y1, Zhou J2, Ye F3, Xiong H4, Peng L5, Zheng Z6, Xu F7, Cui M8, Wei C9, Wang X10, Wang Z11, Zhu H12, Lee P13, Zhou M14, Jiang B15, Zhang DY16.
International journal of molecular sciences.Int J Mol Sci.2015 Jan 16;16(1):1928-48. doi: 10.3390/ijms16011928.
Post-translational modifications have been identified to be of great importance in cancers and lysine acetylation, which can attract the multifunctional transcription factor BRD4, has been identified as a potential therapeutic target. In this paper, we identify that BRD4 has an important role in col
PMID 25603177

A novel preclinical method to quantitatively evaluate early-stage metastatic events at the murine blood-brain barrier.

Adkins CE1, Nounou MI2, Mittapalli RK3, Terrell-Hall TB1, Mohammad AS1, Jagannathan R4, Lockman PR5.
Cancer prevention research (Philadelphia, Pa.).Cancer Prev Res (Phila).2015 Jan;8(1):68-76. doi: 10.1158/1940-6207.CAPR-14-0225. Epub 2014 Oct 27.
The observation that approximately 15% of women with disseminated breast cancer will develop symptomatic brain metastases combined with treatment guidelines discouraging single-agent chemotherapeutic strategies facilitates the desire for novel strategies aimed at outright brain metastasis prevention
PMID 25348853

Japanese Journal

ドイツ経済諮問委員会のOMT観

古内博行,フルウチヒロユキ,Furuuchi Hiroyuki
経済研究 29(2), 111-137, 2014-09
… The unlimited buying policy of government bonds(Outright Monetary Transactions, OMT)was announced by Mario Draghi on 6 September 2012. …
NAID 120005476898

Black Swans in White Clothing : Outliers and Social Scientific Theory Considered Through a Case Study of the Shikoku Henro (第100号記念号)

Shultz John A.
研究論集 100, 153-165, 2014-09
… Pondering the role of outliers with respect to Japan's most famous pilgrimage, the Shikoku henro, I argue that rare behaviors and/or beliefs either cause pilgrimage theories to fail outright or force descriptions to become so open-ended and vague that they no longer fulfill the function of reductive analysis. …
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揚名国司論 : 中世的身分表象の創出過程

渡辺滋
史學雜誌 123(1), 64-89, 2014-01-20
… The motives by which such a title was obtained were not only pecuniary through outright sale of the office, but also the desire on the part of patrons to bestow titles upon their subordinates for the purpose of strengthening ties of clientship. …
NAID 110009798588

ユーロ危機からの脱出戦略 : OMTと「EUニューディール」 (長部重康教授退職記念号)

長部重康,Osabe Shigeyasu
経済志林 80(3), 17-58, 2013-03
Thanks to the implementation of a series of unprecedented measures by the troika of the EC, the ECB and the IMF, the cost of Spanish and Italian government bonds has fallen steadily since mid-2012 and …
NAID 120005255194

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[two-1] By Mickey Meece, New York Times. On to Plan B: Starting a Business. Retrieved March 25, 2010.

[four-2] By Kathy Yakal, PC Magazine Review of Outright. Accounting & Tax. Retrieved March 25, 2010.

[3] By Karen Klein, BusinessWeek. “Advice for Tax Procrastinators, 2009.” Retrieved March 29, 2010

[one-4] Outright.com Home Page. Retrieved March 25, 2010.

[three-5] Ty McMahan (2009-11-16). "Outright Lends A Hand To Small Businesses With $5.5M Funding". Wall Street Journal Blog. Retrieved March 25, 2010.

[eleven-6] By Anthony Ha, VentureBeat. “Bootstrap launches financial management site for businesses that don’t like financial management.” Retrieved March 29, 2010

[7] Ben Kepes, Cloud Ave. "Accounting 2.0 at CloudAve". cloudave.com. Retrieved February 16, 2009.

[five-8] By Paul O’Brien, Outright Blog. “Outright Raises $5.5M with Sequoia Capital.” Retrieved March 25, 2010

[nine-9] By Silicon Valley/San Jose Business Journal. “Outright.com launches with $2M funding.” Retrieved March 29, 2010

[six-10] Reagan D. Lynch, Contributor to Outright Blog. "Simple, Non-cluttered, Accessible Bookkeeping". outright.com. Retrieved March 25, 2010.

[11] "GoDaddy Acquires Outright, Establishes Mountain View Office". TechCrunch. July 18, 2012.

[twelve-12] By Leena Rao, TechCrunch. “Outright Tracking More Than $1 Billion, Launches W-9 Management Service.” Retrieved March 29, 2010

[eight-13] By Howard Greenstein, Inc. “Small Business Web: Leverage and Cooperation.” Retrieved March 29, 2010

[fourteen-14] By Tom Abate, San Francisco Chronicle. “Outright software tools free to freelancers.” Retrieved March 29, 2010

[fifteen-15] Outright.com partners. Retrieved March 29, 2010.

[eighteen-16] By Scott Blitstein, WebWorkerDaily. “Outright Teams Up With PayPal & Expensify to Ease Your Bookkeeping Woes.” Retrieved June 04, 2010

[seventeen-17] Outright News “Collect and Manage W-9 Forms Online; Free.” Retrieved June 04, 2010

[seven-18] By Kevin Reeth, Outright Blog. “One complete picture.” Retrieved August 11, 2011

[sixteen-19] By Vangie Beal, Ecommerce-Guide Essentials. “eBay Integrates Outright Bookkeeping Solution.” Retrieved March 29, 2010

[20] Yakal, Kathy. "Outright Plus: Review". PC Mag. Retrieved 14 January 2014.

[21] Nawrocki, Matthew (May 7, 2013). "Outright: Review". Tech Republic. Retrieved 14 January 2014.

[22] McCue, TJ (Aug 12, 2009). "Review:Outright: Simple Online Bookkeeping for Sole Proprietors". Small Business Trends. Retrieved 14 January 2014.

[23] Battersby, Jeffery. "Outright". Macworld. Retrieved 14 January 2014.

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