Startup Professionals Musings

MARCH 12, 2021

You should plan an exit strategy, and optimize your activities and timing to get top dollar. Not getting a signed non-disclosure before negotiating can cost you dearly in value. Assume that selling to an employee is quick and easy. Here the evidence is strong that sales to employees don’t work out well.

Due Diligence 410

Due Diligence Intellectual Property Bankruptcy Exit Strategy 410

Startup Professionals Musings

AUGUST 23, 2021

A winning strategy today is to combine these objectives, by committing a portion of your profits for a higher cause. The return was far greater than the cost of donated shoes. What do you see as your legacy and exit strategy? For example, TOMS shoes agreed to donate a pair of shoes to the needy for every pair sold.

Startup 399

Startup Exit Strategy Cofounder Equity 399

Up and Running

AUGUST 28, 2018

Financial summary: Explain your business model, startup costs, revenues, and liabilities to the company. Your funding ask and exit strategy, if applicable. It needs to include these elements : Mission statement : Your mission statement articulates your goals for what your company does for its customers, employees, and owners.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

NZ Entrepreneur

NOVEMBER 14, 2019

For example, startups often do not register their trade marks because they have an exit strategy in mind—an exit strategy that will see their business absorbed into a large organisation with its own trade mark protected house brands already in place. Sometimes IP is the only asset a startup has. Types of IP protection.

Intellectual Property 45

Intellectual Property IP Software Review New Zealand 45

YoungUpstarts

OCTOBER 3, 2019

Prepare an Exit Strategy. As well as cleaning up the books, you should also create and prepare an exit strategy in order to smooth the transition to new ownership. This may involve notifying and mentioning key employees who could play roles in assuming leadership during the transition. .

Due Diligence 127

Due Diligence Exit Strategy Valuation Sales 127

Startup Professionals Musings

DECEMBER 28, 2018

It won’t work, it costs time and money, and hurts your credibility when you need them later. Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). They are not trying to make money, but simply to recoup their costs over time.

Incubator 236

Incubator Exit Strategy Institutional Investors Angel Investor 236

YoungUpstarts

MAY 7, 2015

Employee stock ownership plans (ESOPs) can be an attractive way for an owner to sell a company and for employees to gain an ownership stake. ESOPs are qualified retirement plans that buy, hold and sell company stock for the benefit of employees. Many ESOPs are as small as 12-15 employees with less than $1 MM in annual revenue.

Stock 100

Stock Employee Private Equity Valuation 100

Up and Running

OCTOBER 13, 2022

Employee retention, for both startups and established businesses, is more important than ever. More and more employees are leaving roles to join companies that offer greater flexibility, increased benefits, higher pay, or even a more mission-driven culture. Federal income tax-free earnings until employees take distributions.

Vesting 88

Vesting Stock Valuation Stock Options 88

Up and Running

JULY 2, 2014

You can’t underestimate the importance of selecting an attorney who “gets” your business model, your market opportunity, and most importantly, your fundraising and exit strategy. Do they (or does the firm they work for) have experience creating compensation packages for key employees, including stock options for all employees?

Technical Review 118

Technical Review Angel Investor Due Diligence Dilution 118

Startup Professionals Musings

JUNE 15, 2013

It won’t work, it costs time and money, and hurts your credibility when you need them later. Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). They are not trying to make money, but simply to recoup their costs over time.

Incubator 256

Incubator Entrepreneur Exit Strategy Institutional Investors 256

Up and Running

SEPTEMBER 3, 2015

How easy is it to acquire a customer, and how much will it cost? How much money and effort will it cost to deliver value? Estimate your startup costs. Know your exit strategy. Do you need full-time, part-time, or freelance employees? Interview and hire employees. Define your ideal customer.

Elevator Pitch 60

Elevator Pitch Startup Balance Sheet Forecast 60

Startup Professionals Musings

NOVEMBER 27, 2016

It won’t work, it costs time and money, and hurts your credibility when you need them later. Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). They are not trying to make money, but simply to recoup their costs over time.

Incubator 120

Incubator Startup Exit Strategy Institutional Investors 120

Startup Professionals Musings

AUGUST 8, 2016

By profit, I simply mean offering a product or service to customers for a price that exceeds the total costs associated with the solution, thus providing some basis for recovering sunk costs and generating a return for stakeholders. Customers typically won’t switch to a new vendor for less than a twenty percent cost advantage.

Intellectual Property 120

Intellectual Property Entrepreneur Elevator Pitch Exit Strategy 120

Startup Professionals Musings

JANUARY 16, 2011

It has been at least a decade since going public via an Initial Public Offering (IPO) has been considered a credible exit strategy for startups. Liquidity can help attract new employees and keep current ones happy. These can add millions to the cost of doing business. Do you need this for recruitment and retention?

IPO 223

IPO Social Media Media Exit Strategy 223

Startup Professionals Musings

MAY 16, 2012

It won’t work, it costs time and money, and hurts your credibility for when you need them later. Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). They are not trying to make money, but simply to recoup their costs over time.

Incubator 237

Incubator Startup Exit Strategy Institutional Investors 237

Startup Professionals Musings

AUGUST 7, 2016

Despite the fact that the number of IPOs (Initial Public Offerings) for startups have continued to decrease, I still hear it touted often as the preferred exit strategy. There are real ongoing costs of maintaining a public company. million in annual recurring costs as a result of being public.

IPO 120

IPO Initial Public Offering SEC Stock Options 120

Startup Professionals Musings

JANUARY 13, 2011

It won’t work, it costs time and money, and hurts your credibility for when you need them later. Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). They are not trying to make money, but simply to recoup their costs over time.

Incubator 230

Incubator Startup Exit Strategy Institutional Investors 230

Board Effect

APRIL 7, 2021

This means the nonprofit will pay any legal costs, including defense expenses, settlements, and judgments from claims that arise from their board service. Employees and volunteers don’t always think before they post, and even well-intentioned posts can cause risks. A reasonable exit strategy. Clear payment terms.

Management 96

Management Intellectual Property Due Diligence Government 96

www.inc.com

SEPTEMBER 24, 2011

Pricing Strategy. Exit Strategies. Strategy and Planning. Employee Benefits. Back in 1997, Randy Parker was staring at a blank whiteboard, wondering where hed find the money to hire the employees and consultants he needed to build his new product. "We Basic Accounting. Financing A Small Business. Leadership.

Fractional CTO 40

Fractional CTO Equity Iowa Technical Cofounder 40

Growthink Blog

NOVEMBER 10, 2017

A formal business plan is necessary to show all interested parties -- employees, investors, partners and yourself -- that you are committed to building the business. What is the company's exit strategy? The process of creating the business plan helps to minimize opportunity costs. To establish business milestones.

Business Plan 128

Business Plan Private Placement Exit Strategy Finance 128

Duct Tape Marketing

APRIL 18, 2024

As a former business exit advisor, she crafts exit strategies, adding up to five figures to clients’ net profit monthly so they can focus on growth. You start hiring freelancers and then maybe employees. But that comes at a cost. But that's the only way to grow to that next level is to build that capacity.

Framework 62

Framework Sales Cycle Sales Hiring 62

Women Entrepreneurs Can

APRIL 21, 2021

Remember, potential talented employees may opt against coming onboard if your business location is not easily accessible by them. An added advantage is that your operation and administration costs will be reduced when you have a good office layout. The cost of renting or leasing the office space should make financial sense.

Exit Strategy 52

Exit Strategy Matching Cost .Net 52

www.inc.com

SEPTEMBER 24, 2011

Pricing Strategy. Exit Strategies. Strategy and Planning. Employee Benefits. Jumpstart wasnt much at the time, just four employees working from home offices. Theres a huge opportunity cost in not taking equity," he says. Basic Accounting. Financing A Small Business. Business Taxes. Selling A Business.

Arizona 40

Arizona Equity Iowa Venture Capital 40

www.inc.com

JULY 9, 2010

500|5000 Conference Honorees Resources Press Apply 2011 ); Topics > Leadership and Managing > Human Resources > Recruiting and Hiring Employees > How to Attract Talent to Your Start-Up At a start-up, you need employees that are in it for the long haul and fit your unique culture. 500|5000 The 2010 Inc. 500|5000 The 2010 Inc.

Intellectual Property 55

Intellectual Property Los Angeles San Francisco New York 55

Up and Running

JULY 9, 2014

Scalable means the business grow without the need for too many more services or more employees. They want businesses that can increase sales overnight without increasing fixed costs. It has a believable exit strategy. Angel investors want businesses that solve real problems for lots of people. It’s scalable.

Angel Investor 97

Angel Investor Exit Strategy Sales Security 97

www.virtuosimedia.com

MARCH 8, 2012

Your product must solve an actual need, have a profitable market size, differentiate itself from the competition, generate sufficient interest from your target market, be cost-effective to produce in a timely manner, and have a clear marketing path. Research the cost of advertising your product.

Technical Cofounder 41

Technical Cofounder Cofounder Technical Review NDA 41

Up and Running

MAY 1, 2014

You’ll end up with a long, generic statement about how your company is serving its customers, employees, etc. The company history section can provide new employees with background on the company so that they have better context for the work that they are doing and where the company has come from over the years.

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

David Teten

SEPTEMBER 23, 2017

Sources like Crunchbase , Angel List , and Seed Invest even give this data away for free or very low cost. For example, some private equity funds are quantifying their exit strategy in a concerted way. The only problem that faces startup investors now is how to mine this new data layer efficiently to increase returns.”.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Startup Professionals Musings

DECEMBER 26, 2013

Thus a record number of entrepreneurs (and employees) are getting rich. Initial Public Offerings (IPO) are back as an exit strategy. Cost of entry for a startup is at an all-time low. A year from now that’s projected to go as high as 100. in 2013, with aggregate proceeds of over $38 billion.

IPO 273

IPO Entrepreneur Social Media Startup 273

Startup Company Lawyer

MAY 4, 2009

Startup companies consume resources intelligently, put people to work in efficient ways, and produce market driven products at lower costs. The application fee is $50, which only partially offsets costs associated with processing applications. Exit Strategies. Possess reasonable training or domain expertise.

Founder 28

Founder Warrant San Francisco Intellectual Property 28

Up and Running

OCTOBER 3, 2018

Financial Summary: Explain your business model, startup costs, revenues, and liabilities to the company. The solution: PARE shoulders the cost of renovations for young people who do not have the time, knowledge, or money to do it themselves. Your funding ask and exit strategy, if applicable. Be specific. Financial plan.

El Paso 61

El Paso Business Plan Technical Review Forecast 61

Startup Professionals Musings

JULY 19, 2015

Thus a record number of entrepreneurs (and employees) are getting rich. Initial Public Offerings (IPO) are back as an exit strategy. Cost of entry for a startup is at an all-time low. Two of these, Uber and Xiaomi, are already above $40 billion. Last year was the most active year for IPOs in the United States since 2000.

IPO 120

IPO Angel Investor Startup Incubator 120

Up and Running

OCTOBER 1, 2015

Sure, you can get up to speed eventually, perhaps by hiring the right people, or doing the training, but at what cost? In this way, your combined strength will give you a competitive advantage, leading to lower costs of production, minimized risk, and greater profits. The contribution of employees. Your exit strategy.

Intellectual Property 60

Intellectual Property Technical Review Exit Strategy Due Diligence 60

Up and Running

NOVEMBER 12, 2018

With the total cost of each box in hand, calculate a price with at least a 40 percent profit margin, as suggested by CrateJoy. For example, the men’s hair product box might cost $39.95 per month, but if you commit to subscribing for a year, its monthly cost will drop to $36.95. Startup costs. Fulfillment. Milestones.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

Hearpreneur

MAY 15, 2020

We have since adapted (with Snacks n Chill) to focus on helping businesses boost morale by sending care packages to employees with healthy and delicious snacks directly to their homes. My struggles lead to all kinds of problems including getting cited by OSHA and TCEQ, skyrocketing insurance costs & lost business opportunities.

Entrepreneur 126

Entrepreneur LLC Los Angeles San Francisco 126

Up and Running

APRIL 28, 2015

Exit strategy. You do this in the form of an “exit strategy” slide that outlines who your potential acquirers might be if you manage to grow your company and be successful. Investors will want to see your plans for hiring and employee-related expenses, R&D expenses, manufacturing costs, marketing expenses, and so on.

Forecast 60

Forecast Hockey Stick Exit Strategy Intellectual Property 60

Up and Running

MAY 14, 2015

The lean plan is faster, easier, and more efficient than a formal business plan because it doesn’t include summaries, descriptions, and background details that you and your partners or employees already know. A lean business plan includes four essential elements, all of them functions of general business management: Set the strategy.

Business Plan 60

Business Plan Lean Forecast Balance Sheet 60