Remove Covenant Remove Government Remove Sales
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Good riddance to non-competes

OnlyOnce

Normally, I’m in favor of small government and fewer regulations, but this is one where I think the government has a legitimate interest in setting up guardrails to a free market. Some restrictive covenants for a limited period of time for former employees are totally fair.

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What are the costs of taking investor money?

Berkonomics

But this time, we concentrate upon governance changes. The combination of restrictive covenants in the investor documents and the new dynamic of board members with an agenda make for a change in the culture of the corporation, certainly one for the CEO. Let’s talk about the reality of taking money from professional investors.

Cost 62
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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.

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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

Typically stable, high margins; repeatable sales model; clear path to profitability; and high growth potential. Governance. Typically promissory note or non-voting common stock, with covenants. Hard covenants with potentially strict penalties. . Profitable or backed by large VC fund.

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Who are the Major Revenue-Based Investing VCs?

David Teten

The mode purpose for funding is (in order of frequency) Sales, Marketing, Market Expansion, Product Development, and Hiring Employees. Like other RBI firms, Decathlon does not require warrants, governance involvement, or the types of financial covenants that are often associated with other venture debt type solutions.

Revenue 60
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Several more real costs of taking outsider investments.

Berkonomics

But this time, we concentrate upon governance changes. The combination of restrictive covenants in the investor documents and the new dynamic of board members with an agenda make for a change in the culture of the corporation, certainly one for the CEO. Let’s talk about the reality of taking money from professional investors.

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Legal Issues Behind Running A Small Business

YoungUpstarts

It may be an employee contract, a contract between you and your client, a rental agreement or a bill of sale. Government compliance. Many government agencies have requirements for small businesses. You would need sound legal advice from an attorney to ensure that you avoid nasty covenants in the lease.