I have relatively little experience with recruiting, determining compensation and hiring for startups since this is my first go at it. My approach is that there isn't a single right answer on...
Let's say I expect to generate $500/month of steady income from my side company (single member LLC). I work FT during the day and taxes are paid accordingly. Do I need to worry about estimated...
I am the sole founder of a bootstrapped startup (idea conceived by me, revenue model and business plan developed by me, and I filed a provisional process patent for the concept). I have incoporated...
Like many fellow startups that we know, we've started like with one technical wizard who know a lot of stuff and who knows now where everything is and how it works. The system has undergone a lot...
I recently translated my app to German and Spanish. The German translator recommended leaving the copyright notice in English while the Spanish translator translated it. Which is better? My app is...
In this publication, the IRS lists a number of fringe benefits that you can provide employees and details when/why they would be considered taxable vs. non-taxable. However, at the start of the...
I just started a business (startup) and wanted to do the right thing by having a bank account for the company and putting all the business expenses on the business account. Now, I am in NY and I...
We're working hard on a new SaaS idea. We're bootstrapping as much as we can and are not looking for outside investment. Our goal was start charging for the service on a yearly basis, in our minds...
I was running a startup company for 2.5 years. The company made money, but was forced to close down due to a change in government regulation. Without any new startup idea, I am now looking to find...
Quite some time ago, I heard two stories about genius ideas. Both of them were allegedly coming from outside the company and sold to big corporations, with those ending saving a lot of money (and...
Suppose there's a site that runs a blog about computer hardware and on one of the blogs about dealing with old hardware stuff, a blog reader asks something like 'Looking for possible online sites...
Do I need a lawyer to write up a non-disclosure agreement? If so how much should this cost on average? It is a small company and it would be beneficial for them if I did not bring this to other...
My partner and I founded a start-up personal service business. We own A shares (voting) and are working full-time on the business. We have procured investors, who own B shares (non-voting). The...
Imagine you found a VC or Business Angel or other to invest in your project something around 200,000 USD. How long does it usually take to close the deal and get the money? (A min-max and average...
Here's the scenario my startup is in and I'd appreciate some thoughts on how to solve several issues we have. We're 3 co-founders (2 biz, 1 dev) and we've been working on an idea for the past ~12...
How would you go about marketing to consumers a service which is free to them? If it were a product or a paid-for service you could offer discounts and things, but since its a free service you...
I have recently been working on a site which showcases open source projects. My partner and I have discussed business plans (with premium services and whatnot), but finally decided to keep the...
I heard from someone that if you have a S Corp and you don't make any profit for two years, then you can get penalized for it. Is this true?
At the moment I work self employed as a web developer creating websites. One such website has become fairly popular and I'm considering adding trademarks etc, is it possible/straightforward to...
Is traditional marketing (newspapers, magazines, outdoors, tv, radio..and so on) necessary for a web startup in a tough niche (travel industry)?