Organizing a business can be a complex journey. Developing and filing the appropriate documents will create the foundation for a successful business.
Topic: How to Improve Your Company
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Buy-Sell Agreement – What, Why and How?
I am amazed at the number of privately held business partnerships that do not have a formal buy-sell agreement in place. This one is absolutely essential. When forming your business, you chose your partner; make sure you have some rights when it comes to who your partner will be as time goes on too.
Identifying Startup Success: Use Backward Planning to Establish Milestones & Metrics
We’ve all done it as children when working out a maze. Start from your endpoint and work backwards to the start. This same approach works for mapping out the path to startup success – Start from your endpoint and work backwards to the present.
Keep Your Focus on Operations, Not Taxes
There are many motives to start a business. In a market system at its simplest form, the purpose of a business is to make money. However, you must never forget your “raison d’être,” your company’s real reason for being.
Business Tips: Newton’s 3 Laws at Work
We often think of business as a special function. In reality, it operates in much the same way normal things around us do. In fact, the concepts behind Newton’s Three Laws of Motion are as applicable to business tips as they are to physics.
You Can’t Think Like an Investor Until You Become One
I can confirm that not only will you increase your network with more successful individuals, you’ll form great relationships, learn from others about what it takes to become a great investor, and (maybe) get an early entry into the exciting and inspiring world of venture investing. You’ll also get a better sense of the big picture of the whole investment cycle.
Understanding Average and Marginal Cost is Key
Average and Marginal costs are both important concepts. However, pricing your product according to these costs mechanisms can lead to dramatically different results. Understanding what this means for your business is critical to your success.
6 Startup Lessons Learned from Previous Mistakes
Successful startups typically possess leaders who are “Geeks” and leaders who are “Suits”!
What Makes A Great Organization: Great Organization Skills
One dark rainy night on a muddy hillside in Germany, I learned what it meant to be a great organization.
6 Key Lessons for Business Improvement at Your Startup
Stephanie Vozza has spoken of the six lessons gleaned from entrepreneurs’ experience (Fast Company). It was illuminating to evaluate how our startup company (FundingSage) and its founders dealt with these business improvement issues.