Up and Running

AUGUST 29, 2014

Part of a venture feasibility study is to look at what financial resources are already available in personal bank accounts, equity in a home, life insurance, family and friends or from selling assets. A major cause of business failure is not having enough cash available to cover all startup costs and operate for at least a year.

Small Business 87

Small Business CPA Government North America 87

Up and Running

APRIL 2, 2015

One exception to the rule is that the federal Small Business Administration (SBA) has programs that guarantee some portion of startup costs for new businesses so banks can lend them money with the government, reducing the banks’ risk. CPAs get sued over bad audits. As I explained above, banks do lend money to startups. Business plan.

Balance Sheet 60

Balance Sheet SBA Covenant Technical Review 60

Agile VC

APRIL 17, 2011

2010 Net Income: $8 million. Distribution revenue is CPC and CPA. . Obviously most of these employees are working hard primarily for equity upside compensation, but Kayak’s personnel costs are roughly $200K/head so the company is highly productive on a per employee basis. 2010 Operating Income: $16 million.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

Up and Running

FEBRUARY 9, 2015

You got to force yourself to start networking because your network is your net worth when you start out a business and that’s really where your initial business leads are going to come from because people do business with people they like, know, and trust. Now what are your basic startup costs?

Social Media 60

Social Media Small Business Software Review Technical Review 60

Berkonomics

APRIL 17, 2014

It’s similar to microfinance, but for the most part using equity instead of a low-interest loan. No single investor invests more than a specified amount in the offering: The greater of $2,000 or 5% of the annual income or net worth of the investor, as applicable, if the investor has annual income or net worth of less than $100,000; or.

CPA 83

CPA SEC Accredited Investor .Net 83

Up and Running

APRIL 29, 2014

Earlier this month I hosted Ryan Clower, a CPA from the accounting firm M. I am a CPA, down here certified in the great state of Texas and really just stoked to be here. The advantage there is that we can designate part of their net profit that they can distribute to the owner as either tax-free distributions, or as owner salary.

.Net 85

.Net Capital Gains Distribution Puerto Rico 85

Up and Running

DECEMBER 9, 2014

Three, I’m a book keeper, accountant or CPA and other. Three, I’m a bookkeeper, accountant or CPA or other. The DIY mentality can really bog you down and become a burden eventually, plus it can really cost you more time and money in the grand scheme of things. I’ll say that one more time. This is number one.

Small Business 95

Small Business Finance Forecast Metrics 95