YoungUpstarts
OCTOBER 24, 2017
Hire professionals. A CPA provides input on tax structure and metrics, and assists with due diligence related to your industry. If you stop working for the company, how will that impact your voting and distribution rights? Before you get started, though, think pragmatically on the front end to avoid headaches at the back end.
Hearpreneur
NOVEMBER 27, 2019
I hired several branding agencies to help us with brainstorms and ideation sessions, but none of them worked out. When we started the company, I didn’t want it to be called “Grunden & Hale” as is the standard for CPA firms because I envisioned the firm becoming much larger than just me and Adam. #10- Combination of two words.
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Up and Running
AUGUST 28, 2019
Consider finding and working with a CPA and a lawyer. In addition to those two types of hired help, you can get free guidance and support from a local SBDC consultant. Your choice here is to either hire an agent or be your own. Your decision here is whether to file yourself or hire a service. Name your registered agent.
Startup Lessons Learned
SEPTEMBER 22, 2008
The spread between your LTV and blended CPA determines either your profitability or your rate of growth, and a high valuation depends on balancing these two factors. To the extent that you have good word-of-mouth, activation or retention, these factors tend to drive down your CPA or drive up your LTV, and so are nice bonuses.
Women Entrepreneurs Can
FEBRUARY 6, 2023
Again, it would be advisable that you hire a professional such as Safe Harbor CPA Firm to assist you. This plan should include details about how your products/services will be marketed and distributed, what financial resources will be required, who will manage the business’s day-to-day operations, and more.
YoungUpstarts
MARCH 31, 2016
Engage trusted service professionals (attorney and CPA) who have worked with startups before. How else can you define a sales process or know what to look for when you hire a sales manager or seek distribution partnerships? Most good entrepreneurs are experts in something—a particular technology, an industry, or a skill.
mashable.com
JANUARY 23, 2012
In most states, an LLC or Corporation must settle its debts before any distributions can be made to members. After debts have been paid, the remaining assets and cash reserves should be distributed to the owners/members in proportion to ownership interest. Again, no assets can be distributed until all debts have been settled.
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