List presenting the average age of a start-up at the time of its first round of venture capital financing. “Venture-capital prize strings are once more achievable for the right company,” says Laura Ring, an advanced marketing specialist with Coopers & Lybrand in Boston. Preliminary information released from C&L’s “Price of Growth: 1993 Update” study, due [...]

Ordering information intended for two brochures explaining the travel-and-entertainment tax deduction regulations. As soon as tax time comes around, qualifying for the travel-and-entertainment deduction can be a massive headache intended for growing companies, who’s record-keeping along through self-auditing procedures sometimes leave much to be desired. Now are two good no-frills brochures that be supposed to [...]

Custom Cost Matters

October 19th, 2010

Accounting systems must reflect real total overhead costs furthermore figure total costs and profits through customer. What do these two companies have in familiar: a mortgage-servicing business that charges a fixed rate for each bank application, regardless of how complicated the paperwork gets; furthermore a steel company that figures its costs per pound of production, [...]

The secret to funding a start-up, one possessor learned, is to tap each capital source you can. The secret to funding a start-up, Greg Garvis discovered, is not to tap the most excellent capital source you can it’s to tap every capital source you can. Recipient as well as victim of the latest economy, middle [...]

To assist manager’s plan, business documents barter sales as separate listings on financial statements. At Walter Joseph Communications, a small television-production business in Chicago, barter has been big for nearly 10 years. “When times are bad, as in the last recession, it might account for up to 15% of our sales,” notes Alan Lusk, an [...]

What institutional investors look for once they are considering investments in growing companies. Let’s be clear regarding one thing right away: if you desire to approach institutional investors, your business should invest in topflight advisers. That means employing a Big Six or large regional accounting firm to audit your consequences. You will also need a [...]

The Basics of Accounting

October 6th, 2010

A short evaluation of J. Tabet and J. Slater’s book ‘Financial Essentials for Small Business Success,’ with purchasing info. For entrepreneurs who lack a financial background, here’s a precious guide: Financial Essentials for Small Business Success, through Joseph Tabet and Jeffrey Slater. Its approach is exhaustive yet comprehensible, with almost every page containing valuable nuggets. [...]

Patrick Lammert along with Mark Weber was 25 years old when they decided to establish a business in an industry they both knew color separation. They had scraped together $50,000 however needed $50,000 more. They found someone who was willing to front them the money along with give them their first business however he wanted [...]