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How Startups Can Prepare For Their First Tax Audit

YoungUpstarts

They work with attorneys to form corporate structures and help with financing agreements. California and Massachusetts have state minimum taxes, whereas states such as Alabama and Tennessee impose franchise tax based on capital/equity. Millias is the managing partner and co-founder of OUM & Co.

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Strategy Roundtable For Entrepreneurs: Incubators Are Reaching Out To 1M/1M

ReadWriteStart

Meanwhile, financing the company will be quite challenging, and I advised Satya to manufacture parts based only on signed contracts and advances against orders, to avoid getting into an inventory-rich, working capital-poor situation. These resellers buy devices from the U.S. The recording of this roundtable can be found here. Discuss.

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Strategy Roundtable For Entrepreneurs: 75th Session Spotlights The Midwest

ReadWriteStart

The discussion today was around Social Media financing and go-to-market strategy. Sramana Mitra is the founder of the One Million by One Million (1M/1M) initiative, an educational, business development and incubation program that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond. Discuss.

Illinois 114
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Strategy Roundtable For Entrepreneurs: VCs Are Not Always Right

ReadWriteStart

Parallel6 is already clocking over $1 million in revenue and is looking to enhance its customer acquisition and also raise some financing. She has a master's degree in electrical engineering and computer science from the Massachusetts Institute of Technology. Statisco Economic Analytics. Discuss.

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Strategy Roundtable For Entrepreneurs: Exciting Companies Lined Up For Microsoft Startup Grant Finals

ReadWriteStart

Zendesk is heavily financed by Benchmark and Charles River and has 10,000 customers. The founders, Sunil Guttula and Abinasha Karana, are experienced IT professional with 15 years of experience between them solving various enterprise IT problems. Thursday, June 30, 2011: Register Here. Thursday, July 21, 2011: Register Here.

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Strategy Roundtable For Entrepreneurs: Non-dilutive Financing Through Revenue Sharing

ReadWriteStart

For a more elaborate explanation of the deal, please read my blog post 1M/1M: Alternative Financing For Startups Using A Sales Channel Partner. Clearly, it can go much further, and Hicham is trying to decide whether he grows organically, or raises outside financing. The business is already profitable with $2.9 million in revenue.

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Strategy Roundtable For Entrepreneurs: Free is Not a Business Model

ReadWriteStart

You then become dependent on outside financing, and that is a slippery slope. It is very expensive to scale operations in multiple cities, and there is absolutely no chance of VCs financing yet another Groupon look alike without serious traction. I said, no. It is much better to grow organically with revenue. Cortese Design Bags.