Remove Covenant Remove Demand Remove Government
article thumbnail

Flexible VC, a New Model for Companies Targeting Profitability

David Teten

From RBI, Flexible VCs borrow the ability to reap meaningful returns without demanding founders build for an exit. Santa Clara University shares their demand dividend structure. . Governance. Typically promissory note or non-voting common stock, with covenants. Hard covenants with potentially strict penalties. .

article thumbnail

Legal Issues Behind Running A Small Business

YoungUpstarts

Government compliance. Many government agencies have requirements for small businesses. Usually, business owners send demand letters or discuss with the client and ask what’s causing the delay. You would need sound legal advice from an attorney to ensure that you avoid nasty covenants in the lease. Debt collection.

article thumbnail

Have you done your annual entrepreneurial health check?

NZ Entrepreneur

Reviewing a company’s capital, governance, operations and being aware of what the market is doing, can provide a number of early warning signs and key triggers to analyse the state of your business and, during periods of growth, avoid over-trading – before it’s too late. Governance.