For many businesses out there, January is the time to get approval on the coming year’s budget. Assuming that you have prepared a great budget, the next task at hand is to communicate it and get it approved. Below are some tips for ensuring your budget is understood by your investors as well as byContinue reading “Startups: Effectively Communicate Your Budget”
Tag Archives: Startup
Are You Considering Joining a Startup? Questions You Should Be Asking
My experience with startups has been either as an advisor or consultant to the founding team members. In those roles I have generally been on the hiring and recruiting side of the equation. I am amazed how often candidates fail to ask some what I consider the basics before joining a startup. They get theContinue reading “Are You Considering Joining a Startup? Questions You Should Be Asking”
Startup Plans: Stock Option & Incentive Plans
Stock options or other similar incentive plans are a great way to attract top talent, incentivize employees and build long term employee loyalty for your business. We have clients that prefer to grant them only to the senior management staff. However, I have always been a fan of distributing them throughout the entire organization, soContinue reading “Startup Plans: Stock Option & Incentive Plans”
Creating And Writing a Business Plan
A very crucial part of any business plan is spelling out your company history and telling your story to show potential teammates and investors how you landed on your business idea and why you are uniquely qualified to pursue it. Sharing your business background goes far beyond simply telling a clever story of how you triumphed over adversity toContinue reading “Creating And Writing a Business Plan”