Money & Finance

Mark Susser, a VC at GRP partners (and guest blogger for VentureHacks), offers his two-part list of the top 10 skills he looks for in entrepreneurs and their companies before he’s willing to part with any cash for investment. Stay tuned for skills 8-10 . . . but for now, here’s 1-7 to get you […]

{ 0 comments }

In his post, “Startup Founder Equity Splits,” Ryan Roberts touches on an age-old dilemma faced by many beginning entrepreneurs: “how much equity should I give to the other founders to provide me with money, contacts, or other benefits in getting my brainchild of the ground?” It’s a dilemma because many entrepreneurs want to control the […]

{ 0 comments }

I’m often asked, “what’s a fair division of ownership between busienss parnters” and “how much equity should I give an investor?” The short and obvious answer is: it depends. In his short post by the same name, David Ronick, founder of UpStart Advisors, illustrates how one entrepreneur thought through the process when raising capital, after […]

{ 0 comments }

Post image for Basic Training: Just How Exacting Are the Tax Authorities Anyway?

Today’s Basic Training question can be answered simply with a Sarah Palin-esque answer:  “You betcha!” Q: Are you required to add state taxes to online business? A: Even though online businesses don’t have the same physical “presence” as their bricks-and-mortar counterparts, they are still required to charge sales tax (and remit it to the local authorities) […]

{ 0 comments }

Entrepreneurs who want to raise capital from angel investors really need to consider the process from the angel’s point of view. Every audience you’re trying to sway needs to be able to see “what’s in it for them”.  I’ve heard people quip that the most popular radio station in the world is WIIFM–“What’s In It […]

{ 0 comments }

Post image for Basic Training: Verifying Your Credit Card Status: Personal or Corporate?

Q: Is there is a way for one to tell whether or not one is personally liable for a business credit card? A: If the card is in your name along with a company name and the credit card statements are addressed to the company, that c-o-u-l-d be an indication that the account is in the company […]

{ 1 comment }

Yet another handy Q&A from Forbes Small Business, and this one featuring my colleague, Marian Banker.  🙂  What do you do when your company has expansion plans, but one of the partners refuses to co-sign a loan for the necessary funds? Other than a long, hard discussion with your partner about being aligned on goals, […]

{ 0 comments }

Post image for Angels Are Still Interested

Inc. magazine swears that there’s still angel investment funding out there for the right businesses.  Well, OK, maybe “swear” is too strong a word.  Still, the articles “Angels Are Still Interested” and “Angel Investing 2009” paint the picture that, while perhaps not quite roaring like a mighty river, angel investor financing is more than just […]

{ 1 comment }

Post image for Why Small Businesses Fail

Does this sound like you: “I’ll just work harder and sell more stuff/get more clients. That’ll turn my financials around.” Well, as Jay Goltz says in his FSB article, “Why Small Businesses Fail,” working harder won’t fix a broken businesses model.  You’ll either face burnout, or worse, a bevy of legal headaches resulting from your […]

{ 1 comment }

So you’ve identified the exit events that can trigger a buyout. Yippee-ki-yay. Is that the end of the exercise? Of course not. (You knew it wouldn’t be, didn’t you?). Identifying when a buyout situation might arise is one thing. Having the funds for the payout is quite another. Chris Mercer sagely points outa number of […]

{ 0 comments }

Page 1 of 812345...