As the U.S. economy experiences rapid growth this year, immigration attorneys are seeing a sharp rise in the number of foreigners wishing to launch new businesses in the U.S. But even though these entrepreneurs may have good ideas that could potentially create new jobs, the legal…
A small business guide to financial projections and forecasting
In order to get the attention of serious investors, it is important to have realistic financial projections incorporated into your business plan. Projections can be a tricky business as you try to anticipate expenses while trying to predict how quickly your business will grow. With a quick outline and some forethought, though, you can easily get a handle on your…
What does post-money valuation mean?
Finance is almost as good as the government at coming up with needlessly hard to understand words for relatively easy to understand concepts. As a subset of finance, venture capital (VC) is no stranger to this phenomenon.
We recently published an article defining terms like option pool and liquidity preference. And pre-money and post-money valuation are the black…
How to write the financial section of a business plan
A business plan is all conceptual until you start filling in the numbers and terms. The sections about your marketing plan and strategy are interesting to read, but they don't mean a thing if you can't justify your business with good figures on the bottom line. You do this in a distinct section...