article thumbnail

The Next Entrepreneurs And Startups

YoungUpstarts

Choosing the right business entity for your organization is always the first step in setting yourself up for success, whether it’s an LLC, C-corporation or other structure. So although the business idea may be the harder part, something as common as knowing how to form an LLC in California remains as easy as clicking.

article thumbnail

How Startups Can Prepare For Their First Tax Audit

YoungUpstarts

They spend a lot of time, effort and resources on developing a business plan, and even more time and effort on raising capital, finding the right people and developing strategic partners. California and Massachusetts have state minimum taxes, whereas states such as Alabama and Tennessee impose franchise tax based on capital/equity.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Factual Data On Popular New Venture Success Timelines

Startup Professionals Musings

Established in Cupertino, California in 1976, Apple really didn’t get on the map until the advent of the Macintosh in 1984, eight years later. Amazon's initial business plan was unusual: the company did not expect a profit for four to five years; the strategy was actually more effective than his business plan predicted.

article thumbnail

Eight Startups To Follow In 2020

YoungUpstarts

Keeping this in mind and by adding a little creative and innovative thinking people today have started their own businesses. All you need to do is have an amazing business plan and the ability to present your business idea so well that it compels venture capitalists or banks so that they can issue you the money right away.

Startup 130
article thumbnail

6 Stories of Successful New Entrepreneurs to Inspire Your Business

Up and Running

At launch, the initial trajectory of Columbus Technologies , a California NASA spacecraft initiative business, looked promising, but after NASA downsized the budget available for their services, their revenue plummeted over 60 percent in just two weeks. Columbus Technologies and Services — To NASA and beyond.

Columbus 134
article thumbnail

Find an Angel Investor, Without Going Through Hell

Startup Professionals Musings

As a member of one of these local organizations, I use Angelsoft on the investor side to review business plans, deal flow, and help orchestrate presenters at monthly meetings of the local organization. The Founding Chapter is in Silicon Valley, California, (naturally), and I have a connection there if you need a start.

article thumbnail

Hacking for Defense @ Stanford 2021 Lessons Learned Presentations

Steve Blank

I observed that teaching case studies and/or how to write a business plan as a capstone entrepreneurship class didn’t match the hands-on chaos of a startup. It Started With An Idea. Hacking for Defense has its origins in the Lean LaunchPad class I first taught at Stanford in 2011. interviews (a national H4D class record.)

Lean 385