Starting a business is an exciting journey, but let’s be real—understanding the legal stuff can feel like trying to read an ancient scroll written in a language you don’t understand. One of the first things new business owners come across is something called an LLC license. But what exactly is it? Do you need one?…
So, you’ve been running your business as a sole proprietor, and now you’re thinking about leveling up by switching to an LLC? Smart move! An LLC (Limited Liability Company) can offer you personal liability protection, tax benefits, and more credibility in the business world. But before you dive in, you might be wondering: how do…
NetSuite, a robust cloud-based Enterprise Resource Planning (ERP) solution, has gained widespread recognition across businesses of all scales. Its tools and capabilities empower organizations to streamline operations, amplify efficiency, and foster expansion. Nonetheless, a pivotal concern for enterprises contemplating NetSuite adoption is the expenditure associated with its implementation. This exploration delves into the 2023 Oracle…
Business success relies upon the business owner’s ability to survive testing times and cope with rising costs. Inflation has led to the downfall of many firms and continues to derail more from the winning track. The year 2022 was the most inflated in recent times, with the average inflation rate in the USA rising to…
R&D activities frequently occur in small and medium businesses that use innovation to create space and impact in the industry. More than 30 million small businesses in the USA use innovation to boost efficiency and get the winning edge. However, the majority fails to capitalize on the startup R&D tax credit on offer by the…
In interviews, people often get asked, ‘where do you see yourself in X years?’ A similar question makes rounds in the business world, ‘’how much money will your business generate in X years? The answer to this question dictates your chances of procuring the investment or capital needed to launch your startup. Small and medium…
The hunt for a technical co-founder is often the number 1 priority of startup owners. On number two comes the need to establish a solid business runway. Can you guess what comes next? Accounting. Accounting for startups is a must-do for business owners who want to move up the business ladder of success. Failure to…
Even the best falter and fail, be it super athletes, winning teams, or booming startups. More often than not, faultiness lies in little things. Small stuff that startup owners take for granted accumulates into one big catastrophe and derails them from the winning track. For startups, poor payroll management is a little kryptonite that ensues…
Taking the leap and initiating a startup takes courage. It takes special dedication and resilience to start from scratch and keep going till it reaches its zenith. But there’s no rule in the startup world that says you have to go it alone. While the need to do everything, yourself seems like the only way…
While working with startup founders and small business owners for more than a decade, we have come to notice a common problem that they often fail to recognize or appreciate the value of a good term sheet startup in Series A funding. Most startup owners have not even seen or heard of a term sheet…
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