If you’re hoping to sell stock to Angel Investors (or Sharks!), be sure you know the law. The JOBS Act has shifted the landscape a bit, but there are basics that still apply. Here’s a quick primer on the 5 key concepts you should know before moving forward with any equity investor or stock sale.Continue Reading » →
Until today, mobile payments has been a fragmented — and mostly stalled out — attempt to make Point of Sale payments at retail shops easier, faster and safer. Companies including Visa and Target have all tried various ways to get us to use our phones or other devices instead of a plastic credit card. Some of the biggest collaborations, like ISIS Wallet (now called Softcard) have struggled to gain any traction.
But Apple just announced a real game-changer: Apple Pay.
Already 220,000 retail locations around the USA have pledged to use the ApplePay service.Continue Reading » →
Ed Goodman has invested in over 100 companies including Apple Computer and Staples office supply stores. He shared with me the five worst rookie mistakes that entrepreneurs make when pitching to venture funds. See if you recognize yourself in any of these:Continue Reading » →
There are so many moving parts to worry about when managing your business. And to make a hard job even harder, accounting systems never seem to have a single report that draws all your most important data together in one place. Key Ingredients Instead of relying on 12 different financial reports, build one […]Continue Reading » →
Whether your business is growing rapidly or just getting started, you need cash. But negotiating with investors or VC can take a long time – time you don’t have. Most entrepreneurs report that investors take 6 months or more to write a check. You need cash NOW… not months from now when investors […]Continue Reading » →
Think “Crowdfunding” and you might think of Kickstarter or Indiegogo. Both are good sites, but soon new crowdfunding rules will unlock powerful new options for fundraising online. Yes, Kickstarter and other pre-sale sites have funneled over $1 billion to start-up projects since 2009, but serious angel investors and VC were […]Continue Reading » →
At any given time, millions of small businesses are seeking some sort of financing with needs as varied as their value propositions. Fortunately, small businesses have many options for borrowing the cash they need, but they too vary widely in terms of how they address their cash needs. On one […]Continue Reading » →
Thousands of companies closed their doors during the recession. After working with both the wounded and the survivors, I’ve found a clear reason why some businesses made it through the recession unhurt. Those that survived (and thrived) had 3 things in common, all related to their willingness to use finance tools to drive decision making. How financially mature and disciplined is YOUR business?Continue Reading » →