Presentation by Antony Rose - CEO an founder of Seedlegals making raising investment easier, cheaper and more flexible. This was part of the CBD and Cannabis Start Up Accelerator
This document provides guidance on how to split equity in a company and compensate employees with equity. It outlines three major issues to consider: how much equity to give employees, when to give it, and ensuring employees can access their equity. For how much, it recommends either an equity formula approach or segmentation approach. For when to give, it advocates a vesting schedule to motivate employees over time. And to ensure access, it suggests long exercise windows so employees can access equity rights over many years to avoid tax burdens. The document was created by Raad Ahmed in April 2015 to help startup founders properly structure employee equity plans.
The document discusses how to fairly split equity among founders and allocate stock options to employees. It recommends that founders split equity based on their individual contributions and responsibilities rather than equally. Founders should evaluate each other based on agreed upon criteria and weights. For employees, it suggests allocating more options to those with greater responsibilities or who are star performers. The key message is to focus on building the business through execution rather than getting bogged down in equity issues.
Prepare Your Startup For Funding: Equity and Cap TablesDrexelELC
Your cap table tells the story of the ownership of your company. Make sure you have a clean story to tell to future investors. Manage your equity like a pro.
Presented by the Entrepreneurial Law Clinic student lawyers and featuring our distinguished expert panel:
Jeffrey Bodle, Morgan Lewis & Bockius
Justin Watkins, Drinker Biddle & Reath
This document from SeedLegals provides information to help startups get investment ready and funded. It discusses preparing founder agreements, protecting intellectual property, evaluating SEIS and EIS tax relief programs, valuing a company, creating pitch decks, understanding cap tables and equity dilution. It also offers tips on giving equity to employees and advisors. SeedLegals presents itself as a platform that has helped over 7,000 companies and 5,000 investors in closing over $4 million in funding rounds daily.
Startup Equity Standards - A Guide for EmployeesMary Russell
Learn the three standards that define startup employee equity and three questions to ask to make sure you have the real thing.
1. Ownership - “Can the company take back my vested shares?”
2. Risk/Reward - “What information can you provide to help me evaluate the offer?”
3. Tax Benefits - “Is this equity designed for capital gains tax rates and tax deferral?”
Equity Compensation Design and Use Matrix: stock options, restricted stock, e...PERFORMENSATION
This document provides a summary of various types of equity compensation plans, including their primary uses, typical plan sponsors and recipients, main features, and key accounting, legal, tax, communication, and administration issues. It summarizes 14 major types of equity plans: incentive stock options, non-qualified stock options, restricted stock shares, restricted stock units, performance awards, stock appreciation rights, employee stock purchase plans, non-qualified stock purchase plans, deferred stock units, phantom stock awards, and their purposes in attracting, motivating, and retaining employees while addressing the complex tax, accounting and legal issues associated with each.
This document provides guidance on how to split equity in a company and compensate employees with equity. It outlines three major issues to consider: how much equity to give employees, when to give it, and ensuring employees can access their equity. For how much, it recommends either an equity formula approach or segmentation approach. For when to give, it advocates a vesting schedule to motivate employees over time. And to ensure access, it suggests long exercise windows so employees can access equity rights over many years to avoid tax burdens. The document was created by Raad Ahmed in April 2015 to help startup founders properly structure employee equity plans.
The document discusses how to fairly split equity among founders and allocate stock options to employees. It recommends that founders split equity based on their individual contributions and responsibilities rather than equally. Founders should evaluate each other based on agreed upon criteria and weights. For employees, it suggests allocating more options to those with greater responsibilities or who are star performers. The key message is to focus on building the business through execution rather than getting bogged down in equity issues.
Prepare Your Startup For Funding: Equity and Cap TablesDrexelELC
Your cap table tells the story of the ownership of your company. Make sure you have a clean story to tell to future investors. Manage your equity like a pro.
Presented by the Entrepreneurial Law Clinic student lawyers and featuring our distinguished expert panel:
Jeffrey Bodle, Morgan Lewis & Bockius
Justin Watkins, Drinker Biddle & Reath
This document from SeedLegals provides information to help startups get investment ready and funded. It discusses preparing founder agreements, protecting intellectual property, evaluating SEIS and EIS tax relief programs, valuing a company, creating pitch decks, understanding cap tables and equity dilution. It also offers tips on giving equity to employees and advisors. SeedLegals presents itself as a platform that has helped over 7,000 companies and 5,000 investors in closing over $4 million in funding rounds daily.
Startup Equity Standards - A Guide for EmployeesMary Russell
Learn the three standards that define startup employee equity and three questions to ask to make sure you have the real thing.
1. Ownership - “Can the company take back my vested shares?”
2. Risk/Reward - “What information can you provide to help me evaluate the offer?”
3. Tax Benefits - “Is this equity designed for capital gains tax rates and tax deferral?”
Equity Compensation Design and Use Matrix: stock options, restricted stock, e...PERFORMENSATION
This document provides a summary of various types of equity compensation plans, including their primary uses, typical plan sponsors and recipients, main features, and key accounting, legal, tax, communication, and administration issues. It summarizes 14 major types of equity plans: incentive stock options, non-qualified stock options, restricted stock shares, restricted stock units, performance awards, stock appreciation rights, employee stock purchase plans, non-qualified stock purchase plans, deferred stock units, phantom stock awards, and their purposes in attracting, motivating, and retaining employees while addressing the complex tax, accounting and legal issues associated with each.
This presentation covers the topic of equity compensation from two disparate perspectives. 1) the point of view of an exit planning specialist 2) the point of view of a companies looking for long term executive and broad-based equity compensation solutions.
This document defines and provides explanations for 14 common financial ratios used to analyze companies. It explains what each ratio measures and why it is important. For example, it states that the current ratio measures a company's ability to pay short-term debts and ratios under 1 indicate inability to pay liabilities. The return on capital employed ratio measures profitability and efficiency of capital use, with higher ratios being better. It also provides guidelines for interpreting the ratios, such as wanting an interest coverage ratio above 1.5.
This document provides an overview of captive insurance and how Bestvan Consulting can help clients set up and manage a captive insurance entity. Some key points:
- A captive insurance company is one that is owned by its insured parent company and provides insurance to the parent and sometimes affiliates.
- Captives allow companies to self-insure, control costs, and potentially earn profits. Offshore domiciles like Turks and Caicos offer tax and regulatory advantages.
- Bestvan Consulting handles all aspects of captive setup and management, including incorporation, licensing, banking, policy design, administration, compliance, and ongoing oversight to properly operate the captive as a long-term financial asset and profit center.
The document provides financial advice for high-net-worth individuals (HNIs) to avoid certain transactions that may increase their tax burden or result in negative cash flow. Specifically, it recommends avoiding mutual funds held for less than one year, stock and commodity trading as an amateur, car or personal loans unless as a consultant, and fixed deposits except for retired senior citizens, as the interests from these can increase taxes and some provide low returns or depreciating assets.
This document provides an overview of captive insurance entities and how they can benefit businesses. It discusses what a captive insurance company is, the reasons for creating one, and why an offshore location like Turks and Caicos is optimal. It then outlines the steps to set up a captive, including incorporation, licensing, and establishing banking and reinsurance partnerships. The presentation emphasizes that PHI provides turnkey captive management services, handling all aspects of setup and ongoing administration to create a profitable financial asset for its clients.
The document provides an overview of Entaire Programs, which are financed retirement planning programs for business owners. The programs allow business owners to accelerate retirement funding using business assets. Business owners make interest payments on a loan while their retirement funds grow tax-deferred. This can provide better returns than traditional retirement plans. The overview includes an example case study of a business owner who implements a program to fund $600,000 in retirement savings through a loan from his business.
The document discusses various topics related to business financing including forms of business ownership, financial planning, sources and types of capital, capital structure, factors determining capital structure, measures of capitalization, term and working capital, venture capital, angel financing, export finance, crowd funding, sources of working capital, assessment of working capital needs, importance of working capital management, institutional sources of finance, lease financing, tax benefits, and negotiations with financiers.
- Crowdfunding has grown significantly in recent years, with Kickstarter projects in the UK raising £22 million in one year. There are three main models: equity/investment, loans/debt, and donations/rewards.
- Successful campaigns clearly communicate their business idea and model, offer a reasonable valuation, and provide incentives for investors or donors such as tax breaks, dividends/interest, or rewards.
- Getting funding involves planning a project, choosing a platform, creating an engaging pitch video and written description, networking widely during the campaign, and offering a product or return if the target is reached. Many campaigns fail to reach their target, so it is not a guarantee of funding.
This document discusses the concept of leverage in business. It defines leverage as using borrowed capital for investment with the goal of earning profits greater than the interest costs.
It explains that there are two types of leverage: operating leverage and financial leverage. Operating leverage refers to the use of fixed costs to generate returns, while financial leverage refers to the use of debt versus equity.
The document provides formulas for calculating operating leverage, financial leverage, and total leverage. It explains how sales, variable costs, contribution, EBIT, interest, and taxes factor into the leverage calculations.
Overall, the summary discusses leverage as a strategy to amplify returns through the use of debt financing and fixed operating costs. It defines the key leverage
The document discusses several theories of capital structure:
1) The traditional approach finds that a firm's value and cost of capital initially decrease with more debt but then increase after a certain point as debt rises.
2) Modigliani and Miller's approach suggests capital structure does not affect firm value in the absence of taxes.
3) Pecking order theory proposes firms prefer internal funds, then debt, and finally equity when raising capital, due to costs and information asymmetries.
4) Static trade-off theory finds an optimal capital structure where the marginal benefit of debt's tax shield equals the marginal costs of bankruptcy.
1. The document discusses strategies for improving working capital and cash flow management during an economic downturn. It highlights that cost efficiency and working capital management are currently weaker than they should be across many sectors and companies.
2. Some warning signs of cash flow issues are high levels of overdue debtors, high inventory levels, and low creditor balances. The document recommends taking an integrated approach to improving cash flow across the entire organization.
3. Specific cash flow improvement initiatives discussed include closely managing customers, scrutinizing all costs, improving processes to eliminate non-value added activities, and maintaining strong relationships with lenders and suppliers.
This document presents an executive bonus plan that allows businesses to reward key employees through tax-deductible insurance policies. The plan benefits businesses by attracting, motivating and retaining key employees, while benefiting employees through life insurance protection, tax-advantaged access to policy cash values, and income-tax free death benefits. The document outlines various plan design alternatives and tax implications.
Agewage conference statements, charges and value - 22.10.21Henry Tapper
The document discusses research conducted on how pension savers in the UK view costs and charges related to their pensions. Some key findings include:
- Most savers were unaware they paid charges and fees for their pensions. However, they were not surprised to learn this.
- Savers want costs presented simply and consistently across providers, in pounds and pence rather than percentages.
- Transparency around what savers pay is important to build trust. Not disclosing charges could make a provider seem untrustworthy.
- Overall, savers care more about the total value and retirement income from their pension over the years rather than just the lowest costs.
What are the key elements of a diversified portfolio? How can you assess your risk profile and build an investment mix around it? How will you account for taxable versus non-taxable investments, and how can you minimize the taxes you'll have to pay on your investing? All of that, and more, in Wealthfront's "Invest Well" slide deck.
This document discusses captive insurance entities and provides an overview of their benefits. A captive insurance company is one owned by its policyholders and allows them to insure their own risks. Captives can generate profits, create financial assets, and give owners more control over their insurance costs and needs. Offshore captives in Anguilla offer tax and regulatory advantages. PHI Insurance provides full captive management services, including setup, ongoing administration, and strategic partnerships to implement and grow captive insurance solutions.
Portsmouth Chamber Business Toolkit Seriesdlinehan2
The presentation provided an overview of Retirement Solution Group (RSG) and how they help business owners supplement future "transaction events" like sales through customized retirement plans. RSG administers over 250 retirement plans, works with over 8,000 participants, and has expertise in fiduciary responsibilities, investment strategies, and plan design. Case studies showed how RSG increased clients' tax deductions through crossover testing, cash balance plans, and defined benefit carve-outs. The presentation concluded that working with specialists like RSG can help business owners fix financial "problems" and ensure strong retirement accounts complement future transactions.
Wilmer Hale At Highland Capital Partners 7 10 07Michael Gaiss
The document discusses protecting a company's intellectual property and team. It recommends having founders, collaborators, and employees sign agreements assigning IP rights to the company. Standard employment agreements should clearly define equity vesting and ownership of inventions. The document also recommends incorporating as a C-Corporation in Delaware and raising seed funding through convertible debt or preferred stock to attract future venture capital investors.
Valuation of Startups [with limitation of traditional valuation approach] Nitin Pahilwani
Valuation of Startups [with limitation of traditional valuation approach]
1. Introduction…
2. Factors affecting Start-up Valuation…
3. Limitation of Traditional Valuation Method…
4. Start-up Valuation Method…
a. Venture Capital Method…
b. Berkus Method…
c. Scorecard Method…
d. Risk Factor Simulation Method…
e. First Chicago Method…
5. Closing the Valuation Gap…
Valuation of Startups [with limitation of traditional valuation approach] N Pahilwani & Associates
Valuation of Startups [with limitation of traditional valuation approach]
1. Introduction…
2. Factors affecting Start-up Valuation…
3. Limitation of Traditional Valuation Method…
4. Start-up Valuation Method…
a. Venture Capital Method…
b. Berkus Method…
c. Scorecard Method…
d. Risk Factor Simulation Method…
e. First Chicago Method…
5. Closing the Valuation Gap…
This presentation covers the topic of equity compensation from two disparate perspectives. 1) the point of view of an exit planning specialist 2) the point of view of a companies looking for long term executive and broad-based equity compensation solutions.
This document defines and provides explanations for 14 common financial ratios used to analyze companies. It explains what each ratio measures and why it is important. For example, it states that the current ratio measures a company's ability to pay short-term debts and ratios under 1 indicate inability to pay liabilities. The return on capital employed ratio measures profitability and efficiency of capital use, with higher ratios being better. It also provides guidelines for interpreting the ratios, such as wanting an interest coverage ratio above 1.5.
This document provides an overview of captive insurance and how Bestvan Consulting can help clients set up and manage a captive insurance entity. Some key points:
- A captive insurance company is one that is owned by its insured parent company and provides insurance to the parent and sometimes affiliates.
- Captives allow companies to self-insure, control costs, and potentially earn profits. Offshore domiciles like Turks and Caicos offer tax and regulatory advantages.
- Bestvan Consulting handles all aspects of captive setup and management, including incorporation, licensing, banking, policy design, administration, compliance, and ongoing oversight to properly operate the captive as a long-term financial asset and profit center.
The document provides financial advice for high-net-worth individuals (HNIs) to avoid certain transactions that may increase their tax burden or result in negative cash flow. Specifically, it recommends avoiding mutual funds held for less than one year, stock and commodity trading as an amateur, car or personal loans unless as a consultant, and fixed deposits except for retired senior citizens, as the interests from these can increase taxes and some provide low returns or depreciating assets.
This document provides an overview of captive insurance entities and how they can benefit businesses. It discusses what a captive insurance company is, the reasons for creating one, and why an offshore location like Turks and Caicos is optimal. It then outlines the steps to set up a captive, including incorporation, licensing, and establishing banking and reinsurance partnerships. The presentation emphasizes that PHI provides turnkey captive management services, handling all aspects of setup and ongoing administration to create a profitable financial asset for its clients.
The document provides an overview of Entaire Programs, which are financed retirement planning programs for business owners. The programs allow business owners to accelerate retirement funding using business assets. Business owners make interest payments on a loan while their retirement funds grow tax-deferred. This can provide better returns than traditional retirement plans. The overview includes an example case study of a business owner who implements a program to fund $600,000 in retirement savings through a loan from his business.
The document discusses various topics related to business financing including forms of business ownership, financial planning, sources and types of capital, capital structure, factors determining capital structure, measures of capitalization, term and working capital, venture capital, angel financing, export finance, crowd funding, sources of working capital, assessment of working capital needs, importance of working capital management, institutional sources of finance, lease financing, tax benefits, and negotiations with financiers.
- Crowdfunding has grown significantly in recent years, with Kickstarter projects in the UK raising £22 million in one year. There are three main models: equity/investment, loans/debt, and donations/rewards.
- Successful campaigns clearly communicate their business idea and model, offer a reasonable valuation, and provide incentives for investors or donors such as tax breaks, dividends/interest, or rewards.
- Getting funding involves planning a project, choosing a platform, creating an engaging pitch video and written description, networking widely during the campaign, and offering a product or return if the target is reached. Many campaigns fail to reach their target, so it is not a guarantee of funding.
This document discusses the concept of leverage in business. It defines leverage as using borrowed capital for investment with the goal of earning profits greater than the interest costs.
It explains that there are two types of leverage: operating leverage and financial leverage. Operating leverage refers to the use of fixed costs to generate returns, while financial leverage refers to the use of debt versus equity.
The document provides formulas for calculating operating leverage, financial leverage, and total leverage. It explains how sales, variable costs, contribution, EBIT, interest, and taxes factor into the leverage calculations.
Overall, the summary discusses leverage as a strategy to amplify returns through the use of debt financing and fixed operating costs. It defines the key leverage
The document discusses several theories of capital structure:
1) The traditional approach finds that a firm's value and cost of capital initially decrease with more debt but then increase after a certain point as debt rises.
2) Modigliani and Miller's approach suggests capital structure does not affect firm value in the absence of taxes.
3) Pecking order theory proposes firms prefer internal funds, then debt, and finally equity when raising capital, due to costs and information asymmetries.
4) Static trade-off theory finds an optimal capital structure where the marginal benefit of debt's tax shield equals the marginal costs of bankruptcy.
1. The document discusses strategies for improving working capital and cash flow management during an economic downturn. It highlights that cost efficiency and working capital management are currently weaker than they should be across many sectors and companies.
2. Some warning signs of cash flow issues are high levels of overdue debtors, high inventory levels, and low creditor balances. The document recommends taking an integrated approach to improving cash flow across the entire organization.
3. Specific cash flow improvement initiatives discussed include closely managing customers, scrutinizing all costs, improving processes to eliminate non-value added activities, and maintaining strong relationships with lenders and suppliers.
This document presents an executive bonus plan that allows businesses to reward key employees through tax-deductible insurance policies. The plan benefits businesses by attracting, motivating and retaining key employees, while benefiting employees through life insurance protection, tax-advantaged access to policy cash values, and income-tax free death benefits. The document outlines various plan design alternatives and tax implications.
Agewage conference statements, charges and value - 22.10.21Henry Tapper
The document discusses research conducted on how pension savers in the UK view costs and charges related to their pensions. Some key findings include:
- Most savers were unaware they paid charges and fees for their pensions. However, they were not surprised to learn this.
- Savers want costs presented simply and consistently across providers, in pounds and pence rather than percentages.
- Transparency around what savers pay is important to build trust. Not disclosing charges could make a provider seem untrustworthy.
- Overall, savers care more about the total value and retirement income from their pension over the years rather than just the lowest costs.
What are the key elements of a diversified portfolio? How can you assess your risk profile and build an investment mix around it? How will you account for taxable versus non-taxable investments, and how can you minimize the taxes you'll have to pay on your investing? All of that, and more, in Wealthfront's "Invest Well" slide deck.
This document discusses captive insurance entities and provides an overview of their benefits. A captive insurance company is one owned by its policyholders and allows them to insure their own risks. Captives can generate profits, create financial assets, and give owners more control over their insurance costs and needs. Offshore captives in Anguilla offer tax and regulatory advantages. PHI Insurance provides full captive management services, including setup, ongoing administration, and strategic partnerships to implement and grow captive insurance solutions.
Portsmouth Chamber Business Toolkit Seriesdlinehan2
The presentation provided an overview of Retirement Solution Group (RSG) and how they help business owners supplement future "transaction events" like sales through customized retirement plans. RSG administers over 250 retirement plans, works with over 8,000 participants, and has expertise in fiduciary responsibilities, investment strategies, and plan design. Case studies showed how RSG increased clients' tax deductions through crossover testing, cash balance plans, and defined benefit carve-outs. The presentation concluded that working with specialists like RSG can help business owners fix financial "problems" and ensure strong retirement accounts complement future transactions.
Wilmer Hale At Highland Capital Partners 7 10 07Michael Gaiss
The document discusses protecting a company's intellectual property and team. It recommends having founders, collaborators, and employees sign agreements assigning IP rights to the company. Standard employment agreements should clearly define equity vesting and ownership of inventions. The document also recommends incorporating as a C-Corporation in Delaware and raising seed funding through convertible debt or preferred stock to attract future venture capital investors.
Valuation of Startups [with limitation of traditional valuation approach] Nitin Pahilwani
Valuation of Startups [with limitation of traditional valuation approach]
1. Introduction…
2. Factors affecting Start-up Valuation…
3. Limitation of Traditional Valuation Method…
4. Start-up Valuation Method…
a. Venture Capital Method…
b. Berkus Method…
c. Scorecard Method…
d. Risk Factor Simulation Method…
e. First Chicago Method…
5. Closing the Valuation Gap…
Valuation of Startups [with limitation of traditional valuation approach] N Pahilwani & Associates
Valuation of Startups [with limitation of traditional valuation approach]
1. Introduction…
2. Factors affecting Start-up Valuation…
3. Limitation of Traditional Valuation Method…
4. Start-up Valuation Method…
a. Venture Capital Method…
b. Berkus Method…
c. Scorecard Method…
d. Risk Factor Simulation Method…
e. First Chicago Method…
5. Closing the Valuation Gap…
Business and profits and its role in societyVineet Murli
The document discusses business and profits, defining a business as an organization designed to provide goods and services to consumers for profit. It notes that while profit generation is the main objective of most private businesses, some are formed as non-profits or cooperatives. The document then examines different measures used to calculate profits, including gross profit, operating profit, net profit, EBITDA, and economic profit. It also discusses the differences between shareholder and stakeholder views of a company and profit.
1.2 objectives of financial management/ cfNeha234608
This document discusses the objectives of financial management for firms. It considers different potential goals for firms, such as profit maximization, earnings per share (EPS) maximization, and revenue maximization. However, it argues that the objective should be value maximization, which takes into account factors like present and future earnings, timing, risk, and dividend policy. Value maximization is good for both shareholders as owners and for society more broadly. Financial managers can increase firm value by making good investment, financing, and dividend decisions.
The document provides an overview of an entrepreneurship training program taking place from December 13-16. The training will cover topics such as what is an entrepreneur, selecting a viable business, market research, financing strategies, costs of starting a business, marketing strategies, financial records, and writing a business plan. Session outlines provide more details on the content that will be covered each day, including opportunity recognition, SWOT analysis, calculating return on investment, and types of financing. The training aims to give participants the knowledge and skills needed to start their own successful business.
This document provides an overview and schedule for an entrepreneurship training program taking place from December 13-16. The training will cover topics such as selecting a viable business, market research, financing strategies, costs of starting a business, marketing strategies, financial records, and writing a business plan. Session outlines provide learning objectives and activities for each topic. Homework assignments involve developing business ideas, conducting market research, and drafting a marketing strategy and mission statement. The goal is to help participants start and run successful businesses.
This document discusses different types of financial rewards used by modern organizations to incentivize employee performance. It outlines two main categories of financial rewards: time rates including wages and salaries, and incentive schemes such as bonuses, commissions, profit sharing, and stock ownership. Specific incentive schemes like performance-related pay, profit sharing, and stock ownership are then explained in more detail. The document concludes that incentive payments can produce important benefits for both employees and companies by motivating employees to meet specific performance goals and help the organization achieve its overall goals.
Advocates Letter Format Shor Tpresentation PrintableThomas Tysl
Partner with Advocates For Savings to cut costs through analyzing expenses like worker's compensation insurance, taxes, credit card processing fees, and more. Their experts can find savings opportunities across various business areas and connect you with relevant subsidy and stimulus programs. Their services aim to improve your bottom line at no risk, as clients only pay a percentage of recovered savings or overpayments.
Aligning your compensation philosophy with business prioritiesPayScale, Inc.
As an HR leader, you play a key role in your organization's success. It's crucial that you work with your company's executive leaders to develop a compensation strategy that supports company business objectives.
In this free, one hour webinar session, Stacey Carroll, SPHR, MBA will present the basics of leading an organization through the steps to align its compensation philosophy with its mission, and values. This webinar will give you a core understanding of the connection between business and compensation strategy.
BDO is the brand name for the BDO network and for each of the BDO Member Firms. The document is a newsletter from BDO New Zealand called Business Edge that discusses four topics: incentivising employees for success, going public as a company, using social media beyond just buzz, and having a sense of purpose in business. It provides insights and advice for businesses on these key issues.
Tools and tips for simplifying startup formation.Alex Shoer
Models to help you setup your startup in the right way. With an equity structure that benefits all, vesting to ensure no one runs off with equity and advisor incentives to bring in the senior experts you need.
You have to start with knowing how much you need. It’s not a random number, and it’s not how much you like. You look for the startup sweet spot, as set by the business plan.
This document discusses the differences between fundraising and bootstrapping for startups. Fundraising involves taking investment from outside parties like venture capitalists in exchange for equity. It allows for faster growth but loses some control. Bootstrapping involves self-funding the startup through revenue and has slower growth but maintains full control. The document provides guidelines for when each approach makes sense, such as raising funds if significant upfront investment is needed or the market is large enough for rapid disruption. Overall, neither is inherently better but entrepreneurs should focus on their goals and customers over fundraising.
This chapter introduces key concepts in financial management. It discusses that financial management focuses on wealth creation and value-maximizing decisions. It also outlines different forms of business organization like sole proprietorships, partnerships, and corporations. Additionally, it presents 10 principles of finance, including that risk and return are positively correlated, cash flows rather than profits matter, taxes impact decisions, and ethics are important in finance. The goal of financial managers is to maximize shareholder wealth over the long run.
This document provides an overview of incubators, accelerators, co-working spaces, and internal corporate accelerators. It discusses the reasons for establishing these programs, including driving economic growth, innovation within large companies, and empowering communities. The key aspects of each model are outlined, including value propositions, cash flows, equity structures, and methodologies used. Tips are provided for creating successful programs, such as ensuring the right expertise and networks are in place and that the model is adapted to the local context. The overall purpose is to introduce common concepts around these programs to entrepreneurs and businesses.
How to Set Up & Run a Business in the USARavixGroup
This document provides a step-by-step guide for setting up and running a business in the USA. It outlines 10 key steps: 1) Establishing a legal entity, 2) Getting a FEIN number, 3) Setting up bank accounts, 4) Hiring employees, 5) Paying employees and providing benefits, 6) Getting business insurance, 7) Accounting practices, 8) Paying taxes, 9) Selling the company, and 10) Repeating the process. For each step, it provides details on requirements and considerations. It also includes additional sections on topics like raising capital, equity compensation, and outsourcing finance/HR functions.
Most business leaders believe that some portion of employee pay should be in the form of incentives, but are left struggling to find answers to key questions: How much of someone’s pay should be variable? And who should have incentive pay as part of their mix? How much of the incentive should be short-term and how much should be based on long-term performance? What type of incentive(s) should it be? What if I don’t pay incentives and just pay higher salaries than my competitors? Will that work just as well?
If these are questions you are facing, don’t miss this presentation!
This document discusses activities companies should complete before seeking outside capital, including maintaining organized financial records and developing a compelling business plan. It recommends organizing accounting systems to provide useful information and creating documents like a capital deployment plan. The document also covers pre-money valuation, noting it is based on discounted cash flow methodology and various estimates of cash flow that can be used. Completing the recommended activities helps reduce risk and supports determining a valuation range for the company.
This document discusses value creation and measurement in financial management. It covers several key points:
1) Accounting profits differ from economic profits, with economic profits needing to exceed costs of production including cost of capital to create value.
2) Value is created when investments provide economic profits over their economic life. Capital budgeting evaluates potential investments' net present value of future benefits to determine which create value.
3) Evaluating existing operations can indicate whether to invest more in high return/growth areas, exploit high return areas, fix low return areas with promise, or exit low return/promise areas. This ensures capital is allocated to maximize value creation.
Similar to SeedLegals getting investment ready and valuing the company (20)
This document discusses operational and tax considerations for benefiting from government incentives in Ukraine. It provides an overview of popular class A and B business centers and coworking spaces in Kyiv, with rental rates ranging from $20-25 per square meter plus expenses. A key point discussed is Ukraine's concept of private entrepreneurs, which offers an effective tax incentive of 5% for research and development offices, compared to the normal 41.5% tax rate, and reduces the administrative burden of taxation. Intellectual property is also briefly mentioned.
Easy start in ukraine people ai experience.-2MiniBar
This document provides advice on starting a research and development center in Ukraine. It recommends beginning with outsourcing small projects to test a Ukrainian team. As the relationship grows, the company can take more control over hiring, salaries, and culture to fully integrate the Ukrainian team. Establishing a legal entity in Ukraine introduces risks, so partnering with a local company provides support with offices, hiring, and compliance. Strong communication practices like video calls and travel are important to blend the remote culture. Overall, a Ukrainian R&D center can provide around-the-clock engineering support at a lower cost than domestic teams.
Easy start in ukraine people ai experience.MiniBar
This document provides advice on starting a research and development center in Ukraine. It recommends beginning with outsourcing small projects to test partnerships before establishing a legal entity. Partnering reduces risks and allows promoting one's brand without establishing infrastructure. It emphasizes the importance of clear communication, sending leadership to Ukraine, and facilitating a shared culture between remote teams through travel and video calls. Challenges include developing soft skills in Ukrainian engineers and finding experienced technical leadership, though opportunities exist for 24/7 support across time zones at a lower cost.
Sergey ovcharenko operational and tax considerationsMiniBar
This document discusses operational and tax considerations for benefiting from government incentives in Ukraine. It provides an overview of popular class A and B business centers and coworking spaces in Kyiv, with rental rates ranging from $20-25 per square meter plus expenses. A key point discussed is Ukraine's concept of private entrepreneurs, which offers an effective tax incentive of 5% for research and development offices, compared to the normal 41.5% tax rate, and reduces the administrative burden of taxation. Intellectual property is also briefly mentioned.
Dmitry ovcharenko it in ukraine the opportunity london 2MiniBar
Alcor BP is one of the top outstaffing companies in Kyiv Ukraine. They find you an office space, hire a top team of developers and manage the whole process.
Superb Australian managed outsourcing and outstaffing company in Kyiv Ukraine. Get your start up or scale up turbo charged via software development in Ukraine.
Jacob Wright's 'Growth Through Branding' @ MiniBarCamp 2013MiniBar
1) Brands are important because they help humans make decisions and generate value for businesses by controlling perceptions and building trust.
2) A brand encompasses a company's purpose, values, style, identity, products, marketing and more - it is not just a logo. Developing these elements into a coherent whole is key.
3) To build a strong brand, companies should focus on being authentic to their purpose and values, having a unique style, and crafting a memorable yet relevant identity through their name and logo. This will help the brand stand out and drive early growth.
Software development management slides by George Berkowski (Hailo)MiniBar
This document provides a summary of key aspects of effective software development management. It discusses starting with a clear vision, focusing on building something useful. It emphasizes the importance of finding the right people through networking and making friends. When it comes to incentives for startups, it recommends creating your own company and mastering your own destiny. It also touches on outsourcing versus in-house work, the importance of being agile, using simple and integrated tools, and acting as your own best user to ensure quality.
ICT KTN Online Business Essential Clinics #3: Web Analytics with Malcolm Cole...MiniBar
The document discusses how Google Analytics can be used to measure various aspects of a website such as traffic, user behavior, and performance. It explores metrics like browser and device usage, traffic sources, top pages, and goals. The document also covers how these insights can be applied to business decisions for improving site performance, evaluating marketing campaigns, and predicting future traffic trends. Users are encouraged to customize Google Analytics profiles and dashboards to surface the most important and relevant metrics for their specific needs.
This presentation covers web analytics and specifically keyword analytics and how increase conversions. Its by Daniel Sim, founder of Plugin SEOhttp://my.pluginseo.com/
This part of workshop series by MiniBar
http://www.openbusiness.cc/minibarworkshops/
The document discusses the importance of on-site search engine optimization (SEO) and provides tips for improving a website's visibility in search engines. It recommends optimizing page titles, meta descriptions, images, URLs, internal linking, and content for relevant keywords. The document also advises adding descriptive text to images, redirecting broken links, and avoiding hidden text, cloaking, keyword stuffing, and irrelevant keywords. Above all, it emphasizes having relevant content for user searches and making pages easily crawlable and understandable to search engines.
Explore the key differences between silicone sponge rubber and foam rubber in this comprehensive presentation. Learn about their unique properties, manufacturing processes, and applications across various industries. Discover how each material performs in terms of temperature resistance, chemical resistance, and cost-effectiveness. Gain insights from real-world case studies and make informed decisions for your projects.
3. Giving Equity To Your Team
Create new shares, don’t transfer your own, and
do it well before the first funding round
Sign agreements with appropriate vesting
Work out proportions you are happy with, based
on commitment, sweat to date, full/part time
4. Valuating the Company
A few methods:
- Decide how much you want to raise
- How much equity to give away
- Compare to similar companies
5. Vaidation
Equity is the most valuable asset you own
Lean principles apply to fundraising, the old
roadmap isn’t a good one
Build - Measure - Learn - Raise
Raising too early is a massive mistake
6. Valuation Do’s
Always talk about pre-money valuation
Prepare 2 versions of your pitch deck
Model equity dilution before talking to investors
8. Post Funding
After a funding round, shares have a value
Giving equity to people then incurs tax liability
Enter the options pool, created as part of your funding round
For employees, you should set up an EMI scheme
9. How much equity for my advisor?
Default is zero, talk is cheap but execution is
expensive
Model it as regards to the funding round value,
don’t pick a random %
Again, if before first round, create new shares,
if not it’s an “unapproved option”
10. The Advisor Stats
General advisors mostly just get equity tech
advisors most likely to get cash too as well as
the most equity
Valuation less than £1.5m mean equity is 2.2%,
greater than is 1.6%, though skewed higher
Those that work more than two days a month
get double the equity
11. EMI Share Option Scheme
Options can be granted without any income tax or NI liabilities
Employee only pays income tax on exercise (normally on exit)
between excise price and market valuation at the time.
Founders get Entrepreneurs Relief (10% CGT)
12. 7000+
Startups & investors use SeedLegals today
3500
Early stage founders
2500
Investors, funds & accelerators
13. “SeedLegals not only highlights best practices in
the industry, but also greatly reduces costs and
time to completion while increasing
communication for founders”
Carlos Eduardo Espinal, Partner at Seedcamp