Six Minutes to Pitch the Silicon Valley Elite
Every morning entrepreneur Hajj Flemings wakes up and heads to his favorite coffee shop in downtown Mountain View, Calif., to prep for one of the most important presentations of his career. On Thursday, the 39-year old Detroit native will have six minutes to present his fledgling startup venture to a roster of Silicon Valley’s top [...]
Read MoreLooking Ahead: Organize Your Business Based on Exit Strategy
When choosing a legal structure to operate a new business venture, business owners often choose a legal structure based on finances or popularity. For example, a business owner may automatically choose an Inc. structure (C-corp or S-Corp) because every major corporation in America is a Inc. They may choose a LLC (Limited Liability Company) because [...]
Read MoreWomen Only 8% of Internet Start-Up Founders
Last week, private investment research firm CB Insights released Part one of their Venture Capital Human Capital Report. Part one of the report revealed some interesting statics on the demographics of founders including age, race, and experience. Part two of the report covers gender and education. As in Part one, Part two also covers the first six [...]
Read MoreAccept Credit Card Payments With Square
Square, a mobile credit card terminal app, is out of Beta and officially in business. They covered all their bases, with apps for iPad, iPhone, iPod Touch and now Android (2.1 phones only). This free app works with any US-issued credit, debit, pre-paid, or gift card from Visa, MasterCard, American Express, and Discover. Simply process [...]
Read MoreIs It Time To Legally Re-Organize Your Business?
As a business grows and evolves, the business entity initially chosen may no longer fit the company’s needs. What is a business entity? There are several types of business entities to choose from when legally organizing your business? They are: C- Corporations, S-Corporations, Limited Liability Companies (LLC) Limited Liability Partnerships (LLP) Based on initial capital, [...]
Read MoreBefore Investing Start-Up Dollars, Do A Trademark Search Before Choosing A Business Name
Picture this…Some friends and I decide to start an internet business and we choose a catchy and SEO friendly name. We invest money into start-up operation costs. We purchase the domain name, legally incorporate, obtain business bank accounts, hire personnel, create a logo, and order marketing materials. We send out press releases and obtain investors. [...]
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