By J.L. on September 29, 2008
There are two professionals every business will need early on: an accountant and a lawyer. The reasons for hiring an accountant are pretty obvious, you need someone to help you set up your “chart of accounts,” review your numbers periodically, and prepare all of your necessary federal, state and local tax returns.
The reason for hiring a business attorney may not, however, be so apparent. A good business attorney will [...]
Posted in Start-Ups | Tagged capital, financing, law firm, small business, small business legal help, tax, venture capital
By J.L. on August 4, 2008
Royalty financing is an advance against future product or service sales. The advance is paid back by diverting a percentage of the product or service sales to the investor who issued the advance.
Posted in Money | Tagged capital, financing, venture capital
By J.L. on August 4, 2008
It doesn’t make good business sense to spend large amounts of capital to store and maintain hard copy information. As with all aspects of a company’s business, using technologies that will increase productivity and …
Posted in Tech | Tagged capital, customer service, customer service policy, tax
By J.L. on July 7, 2008
Too often, overnight success can quickly become a company’s worst nightmare. A small business that lacks the capital, staff or infrastructure to handle a big order or nationwide publicity can promptly get crushed when …
Posted in Management | Tagged capital, inventory, small business, strategy, tax
By J.L. on June 9, 2008
Venture capital is garnered from professionally managed funds that have between $25 million and $1 billion to invest in emerging growth companies. It is appropriate for …
Posted in Money | Tagged capital, financing, venture capital
By J.L. on April 21, 2008
Money management is tricky business. In addition to customers, cash flow and managing your accounts properly is what keeps your business humming along. Consequently, getting paid in full and on time, as well as understanding …
Posted in Start-Ups | Tagged business license, capital, customer service, e-commerce, internet sales, inventory, small business, tax
By J.L. on January 28, 2008
It’s not enough to build a business worth a fortune; you have to make sure you have an exit strategy, a way to get the money back out. For entrepreneurs who like to plan ahead and for those of you who don’t but should, here are …
Posted in Management | Tagged capital, small business, strategy, tax
By J.L. on January 7, 2008
You’ve decided to strike out on your own. So, what kind of business structure will you choose? Answer these two questions and you’ve got your answer:
Posted in Start-Ups | Tagged business license, capital, small business, strategy, tax
By J.L. on December 22, 2007
Working with angel investors means acquiring venture capital from individual investors. These individuals look for companies that exhibit
Posted in Money | Tagged capital, small business, venture capital