The finance tag has no wiki summary.
3
votes
3answers
246 views
Liquidity preference with angel investors
Is it common for angel investors to ask for liquidity preference with participation?
1
vote
3answers
102 views
Money advance against purchase orders
I’m a new small start up company. Have meets with Lowes and Ace at end of month. I believe Lowes terms are NET 90. How does a small company cover manufacturing and supply cost when suppliers are NET ...
1
vote
1answer
142 views
Do you have any resources or advice on creating financial projections for web apps?
I would love some resources, articles, best practices, formulas, examples, or advice on creating financial projections & models for web-based applications. I've found some online, though many ...
2
votes
2answers
340 views
What do people think of using Kickstarter for initial financing?
After seeing how well Diaspora did in raising funding I've been thinking (as others have I'm sure) of trying to use Kickstarter for some initial financing.
In my case it would be enough money so that ...
2
votes
5answers
110 views
What resources do you use to get yourself educated in finances required to start a business?
I'm not formally educated in finance but I want to learn it so I can start my business, what resources would you recommend?
5
votes
4answers
291 views
accounting package
Can you suggest an accounting package / method / minimum MUST HAVEs when starting up. I know we have to keep track of our finance but I'm not an accountant or that way inclined. So whats the basics ...
0
votes
5answers
234 views
What's the most important thing that startups should know about tax (in the US)?
Tax is a strange thing to deal with. What's the most important thing that incorporated startups in the US should know about tax?
1
vote
2answers
60 views
Need help determining the next step in financing my company
So my company has gotten money from the bank and from government groups. We have used about 100k so far and we need at least 50-250k to achieve short term sales. We have created some valuable ...
0
votes
2answers
1k views
How much equity in exchange for angel money?
I am not sure what the going rate is for angel money in the software space is it 100k for 10% equity?
2
votes
3answers
410 views
Bridge Loan from Relative with Verbal Agreement Only
To buy a capital investment and build inventory, a family member wrote a $3,000 personal check to my company. We verbally agreed on terms of 1 year at 10% interest with monthly payments.
My question ...
3
votes
4answers
937 views
How profitable is groupon?
On the internet it says that groupon has been profitable since June 2009. Does anyone have a reasonable guess how much profit they make?
2
votes
8answers
813 views
Experience with payment gateway for ecommerce site?
Anyone have experience with ANY of the below payment gateways (some do merchant services as well) that you can comment on:
Payjunction
Authorize.net
Braintree
Looking at these three gateways. ...
7
votes
2answers
148 views
What type of funding are you using?
I'd like to start a thread discussing the type of funding different startups are using and why. I think that there are a lot of people here who would like to hear the general experiences, advantages, ...
4
votes
4answers
529 views
Why is the finance industry so lucrative?
Why is the finance industry so lucrative ?
According to Yahoo Finance, the finance sector has by far the largest market capitalization of all sectors. And yet, I have a hard time understanding why ...
1
vote
7answers
858 views
Startup fundamentals: Finance for Non-Financial Managers
I am an entrepreneur who thought of an idea and executed. We are growing and now I am realizing basic challenges that all business face when it comes to operations, employees and financial ...
4
votes
4answers
147 views
Managing Aggressive Growth … responsibly
I run an aggressively growing (SaaS) eCommerce software company. We're becoming well known in a niche market, and have managed to bootstrap to where we are with modest investment (<500k). We ...
7
votes
4answers
392 views
How much financial info should I demand from my CEO (I'm a founder)
About three years ago I built a prototype of a web application. My partner collected some money from a local angel group so I could quit my job and write code full-time.
My partner was the CEO, ...
2
votes
2answers
172 views
Who would I sell factoring (accounts receivable selling) leads to?
If business owners filled out a form on my website indicating they would like to talk to someone about factoring and they have given me the permission to relay this information to interested parties ...
2
votes
2answers
200 views
Outstanding Capitalization
What does "Outstanding Capitalization" mean? For a start-up, if 7.5M shares are issued and 10M shares are authorized, does outstanding capitalization mean 10M shares or 7.5M shares?
Thanks in ...
9
votes
3answers
301 views
What does it take to be an Angel?
I'm a wannabe Angel.
I don't sit on a huge pile of cash, but my intention is to help startups in whatever possible way within my capacity. I haven't made a decision yet, as this thought has recently ...
5
votes
2answers
601 views
Starting an online bank
What is involved in starting a bank? I am aware that rules might differ from country to country. But let's say I wanted to start an online bank in the US. What is needed?
5
votes
3answers
1k views
Customer Acquisition Cost for a new Website
How do you (personally or generally speaking) calculate/estimate/guesstimate the cost to acquire a customer for a new website?
5
votes
9answers
453 views
What application do you use for managing your business' finances?
I was wondering what applications other people here use to manage their business finances. I looked at some programs such as Simply Accounting and QuickBooks, but both of their free versions are ...
10
votes
9answers
988 views
Business Bank Account Suggestions
Recently, my partner and I created an LLC and have secured about 30K in capital to start our online company. We are in the process of choosing a bank to work with and would appreciate some guidance. ...
4
votes
4answers
535 views
Seed Capital to Live On, Do I Pay Taxes?
I've been working on a startup since Jan. 1, 2009. To keep me alive (physically on a ramen diet) my parents give me $1-$2k per month. My company is set up as an LLC and my parents would like to ...
7
votes
8answers
593 views
Launch on a tiny budget
I have a product I'm developing on my own, with no other investors or partners. Via another project I'm developing, I have an IP Waiver and NDA that I can use for the project, I'm using my personal ...
2
votes
1answer
600 views
Are there standard approaches to equity and compensation when joining early stage startups?
I recently met the founder of a web startup who is looking to build his management team. I would fill an executive position on that team.
Last year, the company received initial angel funding ...
4
votes
5answers
183 views
Reagrding pricing …Should it be few big fish or many small fish
We have software which can run as per user SaaS model and also as custom deployment. To advertise we are planning to host it and give it free for some time / users. But there is another argument as we ...
1
vote
1answer
664 views
Where to find examples of “unit economic” models?
We're meeting with a VC on the east coast right now and they've asked us for a "unit economic" model. I'm pretty familiar with a pro forma financial model but not as familiar with unit economic ...
7
votes
8answers
1k views
What's the Best Credit Card for a Start-up?
I've been using our debit/bank card to make purchases, and I'm not entirely comfortable putting that out there. I'd also like to potentially be earning points for things, although I don't want to pay ...
1
vote
2answers
403 views
Know any SaaS Start up / ISV Ratios?
Many fields have standard guideline ratios for numbers. For example, in the catalog industry the rule I hear is that all costs excluding labor should never exceed 70% of revenue for a product.
Does ...
2
votes
4answers
255 views
How do freemium services/open source softwares etc. make ends meet?
From a long time, I have been wondering how do services which are free or based on freemium models operate? Open source free softwares like Firefox, VLC player (if you are aware of it) or other free ...
2
votes
3answers
429 views
Cash reserves guidelines
For those that are running profitable ventures, some amount of cash reserves are necessary to:
Smooth out the variability of cash flows
Be prepared for emergencies such as an office flood or a ...
9
votes
7answers
463 views
What is more important - having funding or keeping control?
I am starting-off a venture with limited capital that will be sufficient to keep my business afloat for at least 12-18 months. I believe that my product will get some traction during this period, ...
4
votes
2answers
276 views
Have you applied for R&D tax credits?
Like many software product companies, we spent an exorbitant amount of money in 2008 developing our product. I’ve heard that there are federal R&D tax credits available ("Section 41 Credit"), but ...
4
votes
4answers
168 views
What methodology can I use get a snapshot of my business finances?
Currently I have very little book-keeping processes - it all gets put into a spreadsheet at the end of the year, and I take it to my accountant who files my taxes and generates a couple of statements ...
6
votes
3answers
278 views
How big should a company's rainy day fund be?
"They" have always said that, as an individual, we should have enough in cash savings to cover 3-6 months of living expenses.
Have you heard of a rule of thumb for (small) businesses? How do you ...
17
votes
15answers
3k views
How do I do my own accounting for my startup?
I am the founder of a very early stage startup, 4 people total, just incorporated with no funding and a minimal amount of money already in. We expect to raise funding in 3-6 months, before then there ...
2
votes
2answers
200 views
How to do financial planning for family before starting a startup?
How to plan such that family financial are planned? What should be part of plan and what should not?
