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Corporation or LLC? Business Organizations for Tech Startups.

YoungUpstarts

While the standard is that ownership is determined based on each owner’s contribution to the LLC, the Articles of Organization or the company’s Operating Agreement can change this, so the amount any owner invests does not necessarily determine the member’s share in profits (or losses) of the company. Verdict : It’s a tie! Verdict : LLC.

LLC 100
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The SBA Needs To Get It’s Act Together On The PPP

VC Adventure

In that FAQ the SBA stated (emphasis added): [B]efore submitting a PPP application, all borrowers should review carefully the required certification that “[c]urrent economic uncertainty makes this loan request necessary to support the ongoing operations of the Applicant.” Exactly what this means isn’t clear.

SBA 79
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4 Things You (and Every Small Business) Should Know About Taxes

Up and Running

At Tax Alli, we pair you with real life accountants and use cloud software to make small business accounting awesome. One of the easiest ways to start a business is to operate as a sole proprietorship, but easy doesn’t really mean the best. BUT – there’s no Social Security or self-employment tax due on the dividend pass-through.

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How to Form a Corporation

Up and Running

We’ll review some new language and concepts in this process, but once you’re done, you may never need to think about this stuff again. . Think of the entity formation process like doing your personal taxes—you must submit everything correctly, but you don’t need to understand every detail of the laws and codes surrounding the process.

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Meet the Grand Prize Entrepreneurs of the BEC Boost

Up and Running

The contest was sponsored by Palo Alto Software , which provided free access to LivePlan , its cloud-based business planning software, to all of the Boost entrants. “ The contest was sponsored by Palo Alto Software , which provided free access to LivePlan , its cloud-based business planning software, to all of the Boost entrants. “

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What is a Social Enterprise?

Up and Running

An excellent example of a social enterprise is The Empowerment Plan —an organization that hires people currently living in homeless shelters to create a combination winter coat, sleeping bag, and over-the-shoulder bag, which is then distributed to the homeless of Detroit free of charge. According to the Harvard Business Review, in most U.S.

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Can You Trust Any vc's Under 40?

Steve Blank

Venture Capitalists on your board developed the expertise to get your firm public as soon as possible using whatever it took including hype, spin, expand, and grab market share because the sooner you got your billion dollar market cap, the sooner the VC firm could sell their shares and distribute their profits.