The Startup Magazine

SEPTEMBER 14, 2020

When it comes to business formation, forming a limited liability corporation (LLC), particularly an LLC in Texas , can be done in as few simple steps. Besides the first step, naming the LLC, here’s a list of things that will prove important to know while forming an LLC in Texas. Choosing an LLC structure .

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LLC Texas Operations Naming 96

YoungUpstarts

JULY 16, 2020

Switching your business entity from a sole proprietorship to an LLC, a C Corporation or an S Corporation can reduce your personal liability for business-related lawsuits and losses. Setting up a legal business entity for your business creates a “company” that is different from your personal identity and separate from your personal finances.

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LLC Bankruptcy Venture Capital Stock 255

Tim Keane

MARCH 9, 2011

By Tim Keane, Angel Investor, Golden Angels Investors, LLC. How should I finance my new venture? It’s a deceptively simple question:  what is the optimal way to finance a new startup? Misaligned interests that lead to poor financing choices are often very problematic for first time entrepreneurs in young companies. 

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Finance Bootstrapping Startup Equity 83

Austin Startup

NOVEMBER 6, 2017

C-Corp largely because (i) VCs have historically favored C-Corps for nuanced tax and other reasons, and (ii) virtually all of the standardized legal infrastructure around startup finance and equity compensation assumes a C-Corp. But the C-Corp / LLC mix has, for us at least, moved maybe from 95/5 percentage-wise to about 85/15.

Delaware 48

Delaware LLC Startup Silicon Valley 48

Mike Michalowicz

DECEMBER 18, 2012

With resources like virtual assistants and crowd sourcing there is no reason to “go it alone” Determine your top 3 revenue producing activities and YOU focus on them; delegate the rest. Thanks to John Brubaker of The Sport Of Business, LLC. Thanks to Asha Spacek of UR FEW MEDIA, LLC / UR SUPERMODELS.

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Hearpreneur

JANUARY 22, 2023

In recent years, eCommerce companies have begun to increase revenue by selling products directly via social media networks. Thanks to Cory Dickson, 3DPrintingWiz LLC ! #13- All of these changes should make managing our finances easier and more accessible for everyone. Every year, social media coverage expands.

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Artificial Inteligence Technical Review Entrepreneur Social Media 127

YoungUpstarts

DECEMBER 2, 2020

Choose a price for your parking business based on the estimated daily revenue to earn a profit and challenge local competition. A legal business entity, such as a limited liability company (LLC) or corporation, protects your personal liability for business debts or lawsuits. Complete Legal Requirements.

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Limited Liability Company LLC Government Social Media 179

The Startup Magazine

MAY 26, 2024

Topics covered in this guide include startup costs, financing options, choosing the right location and land, and the importance of developing a farm business plan. Secure Financing and Grants: Explore financing options and grants available for beginning farmers in Pennsylvania.

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Hearpreneur

JULY 1, 2020

Geiger, Twelve31 Media, LLC ! #3- Now that my new career is in the personal finance industry, I’m helping women tame their money. An interesting aside: revenue continued at old levels, even after slashing work hours by 60%). Thanks to Link Moser, Windhill Design LLC ! #26- Thanks to Margaret H.

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Hearpreneur

JANUARY 20, 2021

Thanks to Kurt Bodenstedt, PDAFL LLC ! #3- 24- Personal finances awareness. When nearly everyone on the planet was impacted by complete loss of employment, layoffs and reduced business revenue, it definitely created a need for a strong financial plan. Thanks to Josh Stomel, Turbo Finance ! #25- 3- Two trends.

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Duct Tape Marketing

NOVEMBER 16, 2023

Key Takeaways: Amidst the challenging landscape of small business finances, Todd Rammler sheds light on the critical issue of embezzlement. Todd Rammler’s expertise promises to redefine your approach to safeguarding your finances as your business grows. That's activecampaign.com/duct tape. (08:03): So what are you waiting for?

Michigan 88

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Mike Michalowicz

SEPTEMBER 19, 2018

The truth is economies change, revenues change, and sometimes things just happen. Buglar encourages Healthcare Staffing agencies to focus not just on revenue, but also on the bottom line – PROFIT. Buglar encourages staffing agencies to evaluate if it is best to sign up for the long-term lease for offices and copiers.

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CPA Software Review LLC Technical Review 76

Up and Running

JULY 18, 2014

And that saves you $5,184 in employment tax you would have paid as a sole proprietorship without the S-corporation vs LLC with an S corporation tax election. QUESTION: “How difficult is it to transition from a S corp to an LLC?” ” You actually can’t transfer from being an S-Corp to an LLC.

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Small Business LLC Nevada Software Review 87

Hearpreneur

NOVEMBER 27, 2019

Summit CPA is now a company with over $5M in annual revenue and our team is fully distributed throughout the United States. Thanks to Kerry, Merrily, Wendy, and Randy Mellin, Mellin Works LLC ! #24- Thanks to Daphne Subar, Subarzsweets, LLC ! #25- He helps people who have made a complete mess of their finances.

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Naming CPA Entrepreneur Software Review 157

Hearpreneur

MAY 15, 2019

Thanks to N Paul Davis, Paul Davis Solutions, LLC ! #13- At my previous position as a Strategist at Disney, I was tasked with leading undergraduate recruiting efforts for the Global Development and Corporate Finance teams. million in annual revenue. Hence my business, Let Your Space Bloom, LLC, came to fruition.

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Hearpreneur

FEBRUARY 1, 2019

This year we will hit over $15m in gross revenue. This year we will hit over $15m in gross revenue. . In six months, the following was accomplishes: a one year lease was signed, I had made a public commitment to my business, and we were generating zero revenue. 4- Getting comfortable with the numbers and finances.

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Entrepreneur Delaware Hiring Social Media 60

Hearpreneur

FEBRUARY 1, 2019

This year we will hit over $15m in gross revenue. This year we will hit over $15m in gross revenue. In six months, the following was accomplishes: a one year lease was signed, I had made a public commitment to my business, and we were generating zero revenue. Can you find a way to improve on what already is generating revenue?

Entrepreneur 54

Entrepreneur Delaware Hiring Social Media 54

The Startup Magazine

DECEMBER 20, 2019

To avoid personal liability on account of business-related debts to both creditors and the IRS, an LLC or a C-corporation would be the ideal structure. Neglecting Form 8832 as an LLC. Three full weeks or 21 days notice is given when the revenue service seizes a property/bank account, so acting fast is of the utmost importance.

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LLC Startup United States Revenue 81

YoungUpstarts

DECEMBER 18, 2018

Lack of Finances. If impostor syndrome and the fear of failure aren’t enough to talk an entrepreneur out of starting their business, then a lack of finances might be the last straw. Without the proper financing, a business simply can’t run. For example, you can form an LLC for as little as $49 + state fees with Incfile.

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Entrepreneur Finance LLC Small Business 153

Up and Running

SEPTEMBER 12, 2017

While some people want to own a car, most people just want reliable, convenient transportation whenever they need it, preferably without the hassles of maintenance and financing. Robbie Kellman Baxter is the author of “The Membership Economy: Find Your Superusers, Master the Forever Transaction, and Build Recurring Revenue.”

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Marketing United States Small Business Technical Review 102

Up and Running

AUGUST 6, 2015

So if your business is low on funds, you might want to look into lease financing instead of heading over to the bank to ask for a loan. Owning your own property means your business will essentially be paying rent directly to you (or more specifically, your LLC)—and there are also tax benefits to take into account, too.

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Management Technical Review Software Review .Net 60

Hearpreneur

SEPTEMBER 15, 2017

And like the LITERATI, professionals we work with are educated on how to market their business in order to increase revenue opportunities. I started a consulting firm called Global Marketing Resources, LLC in 2000 as source for additional income while I was a corporate executive. or My Name LLC. Photo Credit: Nigel Whiteoak.

Naming 103

Naming Entrepreneur Green LLC 103

Hearpreneur

JANUARY 4, 2019

It could be more revenue, hiring clients or launching a new product or service, but every new year is an exciting time because it’s ripe with opportunity. Thanks to Dan Goldstein, Page 1 Solutions, LLC ! #11- It’s a new year and right after the ball drops, it’s time to go to work. 1- Recruit female executives recruitment.

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Entrepreneur Social Media Vertical SEO 131

YoungUpstarts

DECEMBER 3, 2019

You can choose to register as a Limited Liability Company (LLC) or a Corporation. Step 3: Consider your financing options. You could also use your personal savings to finance your construction company. Register your business name. Apply for a federal tax identification number. Obtain mandatory licenses and permits.

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Limited Liability Company LLC Hiring Software 147

Hearpreneur

DECEMBER 5, 2018

I can drive Jet Premium Finance in any direction I decide. Thanks to Greg Tobias, Jet Premium Finance ! #8- Thanks to Izolda Trakhtenberg, IST LLC ! #13- Innovative Choice LLC ! #23-I I launched my writing services business less than a year ago and have scaled my revenues way faster than I expected.

Entrepreneur 117

Entrepreneur Jordan LLC Finance 117

Up and Running

SEPTEMBER 12, 2017

While some people want to own a car, most people just want reliable, convenient transportation whenever they need it, preferably without the hassles of maintenance and financing. Robbie Kellman Baxter is the author of “The Membership Economy: Find Your Superusers, Master the Forever Transaction, and Build Recurring Revenue.”

Marketing 75

Marketing United States Small Business Technical Review 75

Hearpreneur

FEBRUARY 14, 2018

2- Business and Finance. I don’t feel comfortable sharing exact revenue numbers but it’s now making me more than $1,000 per month. Thanks to Ryan Stewman, Hardcore Closer, LLC ! #13- Adding bling to everything is a really fun process, but growing my side hustle is especially rewarding. Photo Credit: Elizabeth Urenda.

Entrepreneur 92

Entrepreneur Technical Review SEO New York City 92

Up and Running

JANUARY 5, 2021

It forces you to consolidate it into a business identity while considering the market you’re entering, potential competitors, and what expenses, revenue streams, and milestones you need to hit. Talk to a CPA and/or an attorney to figure out the best structure for your business ( partnership , LLC , S-Corp , etc.).

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Lean CPA Vesting Naming 146

Startup Professionals Musings

JULY 28, 2017

I recommend starting early with a cheap and simple Limited Liability Corporation (LLC), and converting later to a C-Corporation, if required. Very few people are experts in all facets of a new business, including finance, sales, marketing, and operations. Remember the old adage that you get what you pay for.

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Cost Advisory Board Entrepreneur Angel Investor 180

YoungUpstarts

APRIL 2, 2013

Economic success is never guaranteed, but when you’re equipped with a strong understanding of finances, there is a better chance for your business to succeed. A pro forma statement is a method of calculating financial results of a business over a three- to five-year period that projects revenue and estimates future expenses and profit.

Small Business 149

Small Business Limited Liability Company Balance Sheet Finance 149

Hearpreneur

JUNE 14, 2017

My strength was not in finance, so one of the first things I did was hire someone to handle the books and keep me on a solid financial path, so I could focus on running my business. Thanks to Carolanne Caron, Winning Swimming LLC ! #13 The revenue on the darkroom rental was close to what I was making weekly, I was in disbelief.

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Entrepreneur South Africa PR Thailand 129

YoungUpstarts

AUGUST 25, 2016

Don’t start up until you know how you’re going to generate revenue (simple estimates will suffice). Calculate revenue by estimating monthly sales (customers x units x price). Calculate revenue per quarter and revenue per year. Revenue minus Cost to Run Your Business equals Profit or (Loss) .

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Bootstrapping LLC Equity Revenue 100

YoungUpstarts

MARCH 8, 2016

This provides an accessible entrée into the freelance workforce and allows you to start generating revenue as you access if there is a solid market for your skills. Don’t: Rely on personal finances. Avoid dipping too heavily into your savings to sustain your freelance business. Do: Consider incorporating. Do: Streamline your cash flow.

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LLC Salary Artificial Inteligence Distribution 100

YoungUpstarts

NOVEMBER 18, 2018

Your team, including a knowledgeable patent attorney, will This not only creates a revenue stream, but also ensures that there is an on-going process of adding additional intellectual property to the original patent, creating a perpetual licensing income stream. Bird Home Automation LLC and Bird Home Automation GmbH.

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Hearpreneur

MAY 21, 2024

These platforms, while seemingly innocuous, are often hunting grounds for fraudsters aiming to exploit the emotions and finances of unsuspecting individuals. I wanted to know that I could be autonomous in generating finances for myself. Thanks to Marcella Cantatore, marcellinaincucina ! #8-

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Entrepreneur New Zealand Community SEO 146

The Startup Magazine

MAY 1, 2018

One of the reasons for that is that the internal revenue code does not allow any direct Holdings. This asset is an LLC and the LLC is owned solely by the IRA. Meanwhile, you manage the LLC even though the IRA owns it in full. Once set up, it is completely straightforward.

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LLC SEC Portfolio Revenue 75

www.inc.com

SEPTEMBER 24, 2011

Finance | Tuesdays. Financing a Small Business. Financing A Small Business. Personal Finance. Because many of these businesses dont yet have revenue, valuation discussions arent very scientific, and the process requires some haggling. Arizona Bay has also blended equity payments with revenue-sharing deals.

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Arizona Equity Iowa Venture Capital 40