The finance tag has no wiki summary.
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2answers
42 views
Describing an Upfront Cost in an Invoice Description?
My client and I have agreed to 2 payments. One is due right after signing the contract (due 7 days after) and another when the product is completed.
I'm currently drafting the invoice for the first ...
0
votes
1answer
24 views
Company formation for forex trading and paying taxes
I do work with currencies trading (Forex), I do have Forex traders who trade with my capital, and it is increasing gradually.
What I want to do is to find a solution which allows me to run trading in ...
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0answers
18 views
What resources are currently being used to fund small companies? [closed]
I've built a lending platform that's gaining speed, but I'm always interested in hearing how entrepreneurs are funding their companies...?
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2answers
88 views
Charging by coding hour
I was wondering and am having trouble finding... ballpark figures for what people charge by the coding hour (the market rate). I understand that there are many factors that come into play here that ...
4
votes
1answer
124 views
Do Open Finances and Wages Build Trust in a Company?
Please only answer if you have personal experience with this topic.
I've been hearing of more and more companies that choose to openly display their finances and/or employee wages to all employees of ...
0
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1answer
28 views
Tracking all work/items-delivered are invoiced
We are a small business and use Xero.com (which is an accounting system without ERP functionality).
What we have found that we have at times lost track of items requested by the customer, and have ...
2
votes
1answer
60 views
Is there a method for creating achievable financial forecasts?
Is there a method or set of methods for writing the financial forecasts and profit loss statements for the next two years of business when you have never actually traded?
These documents are often ...
0
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1answer
22 views
Rates where the Money Back Guarantees option is used
I have read several other posts on Money Back Guarantees, but none address my question, which is related to expense budgeting.
We will be offering a service where we represent the interests of third ...
0
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2answers
42 views
Calculating mileage for reimbursement
My wife is starting as a dance instructor while working at a regular job. Her studio space requires that she drive a fair distance to and from the house, and I have a couple of questions on how to ...
3
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4answers
129 views
Projecting Sales for Web Dev Business Plan
I am putting together a business plan for my Web Development startup.
Cost of materials, marketing, etc. are the easy (fixed or one-time cost) parts - but I am trying to figure out how to create a ...
-1
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1answer
175 views
Inactive co-founder holds 33% but refuses to dilute
We are 3 founders in the business. The two are working as close to full-time as we can given we dont receive a salary, we each hold 44% and 23% which leaves the last partner with 33%. He has been very ...
0
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3answers
91 views
Seed funding question
We are in our seed round and the investors are asking for preferred shares of the company and terms that they own a percentage of the code/software and a percentage of the patent rights. We are ...
1
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1answer
30 views
Financial data-feed
I am looking into writing financial charting software and am looking for the data required to get this going. The software will provide charting for any time frame for the entire inception of the ...
0
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0answers
54 views
Getting Involved in a Startup - Things to Consider [closed]
Three friends came to me with a very original idea of a startup. They call themselves co-founders of the company (which is yet to be founded) and they need two other software engineers like me to work ...
0
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1answer
72 views
How to manage finance in online retails? [closed]
My wife and I are doing family business. It is an online retail babyshop. We have doing this for more than one year. Fortunately, we can say that our business is a profitable business.
When running ...
3
votes
1answer
94 views
Holding and spending USD from Australia
My business is based in Australia, but most of my sales are made in the USA in US dollars, and most of the bills my business pays are also paid in USD (via debit card).
I know that some Australian ...
1
vote
1answer
58 views
Evaluating an online venture on the basis of user acquisition and traffic
How can I evaluate my online venture on the basis of traffic and user acquisition to estimate the value of my company and do financial projections. Say, an online venture has 1000 registered users and ...
1
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4answers
143 views
What to do when an investor ask for a percentage of future revenues
We have a profitable hardware and SaaS business. some clients want to obtain a 12-month financing to buy our hardware. we need extra money to allow it. that would increase our monthly income by SaaS ...
0
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2answers
183 views
Investor has $50,000 for 1/3 of startup company, founders have only $20,000 for 2/3 of company. How should the company be structured?
During the incorporation of a company, my business partner and I decided to put in $1000 for 1000 shares in the new company. The equity was split 33%, 67%. So I had 670 shares, and business partner ...
0
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1answer
163 views
is depreciation an operating expense or not
Depreciation is added in operating expense, but Depreciation is an expensible item that does not actually cause a decrease in Cash Flow, so Depreciation is backed out of the Cash Spent calculations.
...
3
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2answers
118 views
Buy or Rent/Lease
Assuming a venture-backed startup with seed financing that plans to raise further rounds: does it make sense to buy things or should it go for renting/leasing?
"Renting" something (office equipment, ...
1
vote
2answers
190 views
I'm an English man living in Germany, where should I register my business?
I suppose this question would be useful to anyone who is natively from one country but living in another setting up a business.
I'm an English man currently with a business bank account and sole ...
1
vote
1answer
99 views
Business Plan and Financial Plan
How would I determine my start-up's target market share and translate that into financial forecast on a commission based business model?
4
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3answers
508 views
Do companies get taxed on money deposited by owners?
I just started a business (startup) and wanted to do the right thing by having a bank account for the company and putting all the business expenses on the business account. Now, I am in NY and I know ...
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6answers
204 views
How do I prove my finances to a partner? My partner is afraid I will not give him his full cut
I own and operate a company selling products online. A partner is stepping in and wants to sell our product line across it's websites.
However, my company will accept the payments from the buyers. ...
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2answers
59 views
What is more important: growth or margins?
I have a startup which is 2 years old. I would like to know whether I should be more concerned about growth or profit margins?
My startup is a software development firm.
1
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1answer
80 views
Is it necessary to have a Co-founder and team and then go to VC
I have single-handedly written all code needed for an alpha/beta till date.
Now i want to go beta and hire marketing professionals and a developer.
For that i need money and VC funds.
Shall i look ...
3
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5answers
329 views
Startup Financial Plan
I need to prepare a financial/cashflow/budget plan for my startup. Can anyone offer suggestions about what items I should include or exclude? Are there any 'templates' available for preparing this ...
4
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4answers
237 views
Funding: Kickstarter or Family Loan?
Background
I've been working on a video game for android devices (i.e. an app) for some months now, and I'm getting close to completing a solid, well polished product
I'm lucky enough to have an ...
1
vote
1answer
194 views
Where can I find detailed information about a company's stock structure prior to their IPO?
I'm curious to know about the stock structures of a lot of companies. For example Marc Pincus of Zynga has preferred stock, where each of his share's voting power is 70x greater than those that are ...
0
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2answers
162 views
What is the best way to facilitate payouts to users bank accounts?
What is the best way to facilitate payouts to user bank accounts?
After checking with my local bank wire-transfers are $25 each and can't be triggered programmatically. Where else should I explore ...
1
vote
2answers
357 views
Can we use the tax classification of “disregarded entity” for our LLC if all owners live and work outside the US?
We have registered a US LLC to help us get a US bank account. We are based in the UK, however we have some suppliers we import from in the US and we have clients who will purchase from us in the US. ...
2
votes
2answers
195 views
Ads or no Ads for a web app?
I'm just about to release my first publicly available web app, and I'm wondering what type of revenue model to use.
Basically, the entire idea of the app is that it does not require log ins, so, ...
7
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6answers
343 views
How much accounting should a founder of a startup know?
I just started up a mobile game company, set up Quickbooks online, and now I'm trying to read up on accounting.
Right now I'm reading The Accounting Game. It's a great book and it makes really easy ...
1
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2answers
125 views
How usually companies pays out percentage for developers?
I would like to know roughly how the payments are done if the company was started by two developers and me, owner.
Let's say, I give them 10 % each, thats 20 % of the company's profit product. How ...
1
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2answers
174 views
Paying contractor via ACH bank transfer
I have a single member LLC.
When paying a contractor (about 10k) is it okay to just do a ACH bank transfer or should I send them a check.
Related, when I pay myself, it is okay to do an ACH bank ...
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1answer
132 views
To launch a website business, what do I need for funding?
I just want to have my own website where I sell products that I manufacture using CAD software. I'm trying to look three ahead because that's supposedly how long it takes for a business to start ...
1
vote
3answers
179 views
Do angels/venture capitalists expect you to invest your own capital?
I recently talked with some nice retired business people about startups. They gave me some great help but one thing that they said stuck out and I wanted to confirm or deny it.
I was told that the ...
1
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3answers
203 views
How feasible is a business model that sells fan T-shirts / cups for a small website?
I was trying to understand the concept of the business model of Kingdom Of Loathing
They were doing stuff like selling T-shirts and cups, so basically I was wondering what are the benefits for going ...
2
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4answers
103 views
How have you gone about creating your convertible note?
My startup company has put together a group of friends and family investors who will be investing in the form of a convertible note. I've done quite a bit of research on convertible notes, but am ...
2
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2answers
112 views
How to find out the price of a niche product?
we have a customer that's about to choose between us writing software for them, and a ready made solution. The market is investment banking, and we have the opportunity to staff people and grow our ...
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5answers
340 views
How do I find the perfect investor to start my company? [closed]
I have spent 4 years of day and night research on web security and invented the World Wide Web's most secured website.
My website is an emailing system with 96.40% hacker safety, zero spam and lots ...
7
votes
3answers
119 views
How to work internationally in a country which is under sanction?
I'm a web developer and I live in Iran. Unfortunately my country is under international sanction. However, I'm able to work for foreign customers and get their job done. But there is a problem. A big ...
1
vote
4answers
572 views
The mint.com of small business (Indinero and the like)
I currently use mint.com to keep track of my personal finances and I love it! Is there an equivalent product in regards to quality/execution for small businesses/startups? What does everyone here use ...
0
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3answers
231 views
Financial Software for Running a Software Shop
I am looking for a simple software to do my financial status check and a bit of forecasting. It is not for a business plan, I am looking for a replacement to my current spreadsheets which I regularly ...
2
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2answers
152 views
Books necessary for a completely newbie
I am a recent graduate and soon I am starting my own company in the IT/Tech. Because always all of my studies were mostly technical(computer programming,coding,...) and do not have that much work ...
3
votes
2answers
222 views
What do you do when your Angel turns out to be a Devil?
Investor are in it for one thing, profit. That's okay if both the founders and the investors profit. What do you do when the "Angels" who have been funding your work kick out the founders and the ...
2
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3answers
355 views
How much cash reserves should you plan to have before hiring?
We're at a point where we need to hire at 1-2 employees, and I'm not sure how much cash to have on hand. We're a SaaS product, with growing traction and on target to be cash-flow neutral next year. ...
1
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3answers
218 views
Are mobile phones and service contracts a business write-off?
I purchased a smartphone to help me conduct my business (mobile hotspot, email, access company intranet, etc.). Previously, I did not own a cellphone, personal or business. Additionally, I signed a ...
1
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6answers
1k views
Is it OK to include my bank info on an invoice?
I am doing some freelance work. I am about to send an invoice and in the footers I am writing that payment can be made by check at the address X, paypal to Y, or bank transfer.
Is it OK to include my ...
