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How to Form a Corporation

Up and Running

Also, creating a quick lean financial forecast will help ensure your business idea is viable and financially sound. Having these experienced brains reviewing your business plan can help ensure you don’t waste time and money on what is really a cool hobby or rewarding social venture masquerading as a great business idea.

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The Ultimate Guide to Starting a Software Company

Up and Running

Step 1: Start with a lean plan. Instead of sitting down to write a 40-page business plan, start with a one-page pitch. It’s the fastest way to get your idea onto paper, and it’s the very first step in the lean planning process, which is much easier and more iterative than traditional business planning methods.

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Setting Up Your Accounting System

Feld Thoughts

as a C-Corp in Delaware. Build a financial model that forecasts the P&L. Tie the P&L forecast to the Balance Sheet and Cash Flow Statement and generate snapshots of what the Financial Statements will look like each year for the next 5 years. QuickBooks allows you to forecast expenses. historical data).