Re: How are affiliate revenues treated by the IRS?
If this affiliate program is paying the developer who made a software, royalties make sense. However, when our product are being sold by the affiliates, and we share the sales revenue, wouldn't the...
View ArticleRe: What are the different options for convertible debt financing that...
Convertible debt can be seen as a middle ground between debt financing and equity financing. In very simple terms, convertible debt is a loan that can be converted into equity upon, among other events...
View ArticleRe: How are affiliate revenues treated by the IRS?
Please help me. What is the affiliate's function? Is it performing the sales / suppport functions?
View ArticleRe: How are affiliate revenues treated by the IRS?
Thanks for all your help. Our affiliate program works exactly like Amazon's affiliate program: 1) The affiliate puts up a link to our website 2) Whenever a user visiting the affiliate's site clicks on...
View ArticleRe: How are affiliate revenues treated by the IRS?
Based on the above, it is not a royalty. Commissions could be approprate. Good luck!
View ArticleHow do I get face-to-face meetings with decision-makers in my target market?
My startup has a developed a digital solution that monetizes the social media content of branded individuals (pro athletes, entertainers, etc). We've targeted the sports market and have a proof of...
View ArticleRe: How do I get a face-to-face meeting with decision-makers?
The dilemma you face is the classic problem of any startup with a great idea and technology, but no contacts in the target business market. What you need to do is bring someone with all those contacts...
View ArticleCan I close that company with the active judgment?
I am the registered owner of a defunct company that has a judgment against it. In the Commonwealth of Virginia, can I close that company with the active judgment?
View ArticleWhen is the best time of year to raise capital?
What time of year is best to raise capital?
View ArticleRe: When is the best time of year to raise capital?
I'd say September/October, which falls just between summer holidays and Thanksgiving/Xmas holidays. The other good time is February/March/April, which falls between Xmas holidays and summer. As you can...
View ArticleRe: Can I close that company with the active judgment?
First, a quick but important clarification: I’m not your lawyer and this answer doesn’t establish a lawyer-client relationship. I’m giving a generic answer to a generic question to educate the users of...
View ArticleRe: When negotiating VC funding, what should I look out for regarding...
First, a quick but important clarification: I’m not your lawyer and this answer doesn’t establish a lawyer-client relationship. I’m giving a generic answer to a generic question to educate the users of...
View ArticleMy partner sold our company, but I did not get a dime!
I formed an LLC with a partner a couple years ago, and it didn't work out. I left him with a 70% stake and bowed out. I just heard that he licensed off the software for a pitance, then he joined the...
View ArticleWhere can I get free legal advice?
Is there a place where startups can get free legal advice? We don't have much money right now.
View ArticleRe: My partner sold our company, but I did not get a dime!
First, a quick but important clarification: I’m not your lawyer and this answer doesn’t establish a lawyer-client relationship. I’m giving a generic answer to a generic question to educate the users of...
View ArticleWhich is better, an LLC or S Corp?
I'm starting a business to develop mobile apps, and I'm not sure yet if it's venture fundable. My apps may just wind up throwing off a lot of cash, but they might not be the next Zynga or Instagram....
View ArticleGiving employees a stake without stock options?
I have an LLC, and I'd like to give employees a stake in the potential growth of the company. How do I do this without a stock option plan in place?
View ArticleHow do I create an operating plan for my startup?
What's the best way to create an operating plan for my startup? Any good examples? What do investors like to see?
View ArticleRe: What are the best and worst times of year to raise capital?
It's difficult but not impossible to raise money between Thanksgiving and the new year. The best times are fall and spring. In the summer investors tend to go on vacation and that can mess up a deal.
View ArticleRe: Where can I get free legal advice?
Sorry, but most lawyers will only give you an hour of free advice. The best place to get advice for free is at seminars and panel discussions, like our Founders Roundtables.
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