How to Get Angel Investors Interested

Spoiler alert: Angel investors are in it for the money. While there is a social component for angel investors to stay integrated in the industry, their underlying goal is to make money on their business investments. These investors generally want to see a 10x return on their investment in the next five years. For example, if they invest $2 million …

5 Things to Know About Angel Investments

You’ve already tapped into your friends and family for funding for your start-up. What’s the next step? You’ve probably heard of angel investors. Small businesses looking for financial help can turn to an “angel”.  Angels are individuals willing to invest in promising start-up opportunities. These investors are the most likely candidates to get your businesses from idea to proof-of-concept. Many …

How an EIN Protects You From Identity Theft

If you own a business; clients, vendors, and banks may ask for your tax identification number so that they can report what they pay you to the IRS, complete other tax forms, or check your identity. For sole proprietors, this often means giving them your Social Security Number (SSN). With data breaches on the rise, giving out your SSN to …

20 Reasons to Leave Your $#!T Job

Do you remember when you were a kid and you thought you could do anything? You still can. Are you often thinking to yourself, ‘Where am I going?’ Have you found yourself at a crossroads faced with a decision to change roles, companies or even industries? Don’t let your current situation and surroundings impact your vision for the future. For …

United Airlines: Can You Beat Your Clients?

On Sunday, United Airlines passenger David Dao was forcibly removed from his overbooked flight at Chicago’s O’Hare International Airport. Footage of his bloody face and the violent treatment were recorded by a fellow passenger, has since gone viral, sparking an outcry across the country. The airline was one of the top-trending topics on Twitter as people tweeted their anger over the forceful …

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10 Proven Ways To Fund Your Startup Business

One of the most frequent questions we get asked as mentors to entrepreneurs are, “How do I find money to start my business?” If you are asking the same question, you have come to the right place. First off, congratulations on having a great idea! If you have a well thought out business plan but no funds, there are various …

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New York Startup OpenFin to Modernize the Financial Sector

Some of the biggest players in the financial sector are coming together to back a small New York-based technology company called OpenFin. OpenFin, a start up with aspirations of becoming the “operating system” for financial services applications, just raised $15 million in a Series B fundraising round from investors including JP Morgan, the venture firm Bain Capital Ventures, the fintech backer …

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Five Pros of an LLC in NYC for Your Startup

By Amanda Bruno You have a mind-blowing idea for a New York City startup, but you don’t know the first steps to take in how to make it happen. Do I need to hire an attorney? How do I go about finding a reputable business attorney in NYC anyway? One of the first things on your checklist should be to obtain …

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How to Invest in US Businesses as a Foreigner

The American Dream is one of the many concepts that make the United States of America one of the most opportunistic countries in the world. It’s been this way since the dawn of the industrial revolution where free thinkers and inventors were given the opportunity to have their innovations funded and grown by the incentives of a capitalistic society. Have …

Start a Business in the U.S.A- 5 Routes For A Foreign Entrepreneur

Entrepreneurship, and the formation and development of new ventures is not something that is solely American. As of 2016, immigrant entrepreneurs account for 27.5 percent 1 of all new entrepreneurs in the U.S. As such, the business realm is filled with future tycoons from all walks of life, and the U.S. recognizes the importance of allowing a pathway for foreign …

Business Law 101: Trademark & Intellectual Property Law

Intellectual property laws protect the rights of people who create original works such as novels, plays, inventions, and company identification marks like logos or insignias. The objective of intellectual property laws is to incentivize new inventions and technologies as well as artistic expressions. People who see that their work is protected and rewarded will continue to innovate while also focusing …

5 Mistakes Every Entrepreneur Has to Make

Entrepreneurs make a lot of mistakes. It’s daunting, sure, but it’s what differentiates entrepreneurs from others – Entrepreneurs consistently find a way to stay determined and push harder. Although each entrepreneur will unavoidably make particular mistakes, there are tricks of the trade that we may succumb to, no matter who we are. Here are five mistakes every entrepreneur makes, and …

6 Ways To Build A Successful Brand

Many people look at billion-dollar companies as soulless things, rather than being human. As strange as it may sound, the typical billion-dollar company is only successful insofar as they understand the basic truths of being human. Engaging with people, partners, and clients is crucial to sustainability and reliability, as well as the success of the brand. 1. Be Legit Think …

4 Areas Of Business Law Every Entrepreneur Should Know

Most entrepreneurs don’t have a team of in-house lawyers constantly around to help make every decision. Just as entrepreneurs need to know the basics of accounting and marketing, they also need to understand the basics of business law to avoid the penalties and potential failure that follows costly litigation. This doesn’t mean you have to go back to school to …

5 Questions to Ask Before Choosing The Right Business Partner

  Choosing the right business partner is as important as choosing a significant other to spend the rest of your life with. It begins with enthusiasm and high expectations and sometimes ends in litigation and war. When choosing a business partner, it is in your best interest to find out everything there is to know about the person, including getting …

The C Corp & S Corp Deadline is Approaching: What to Know

Entrepreneurs can set up their small business as a sole proprietorship, corporation, S-corporation, C-corporation, partnership, non-profit organization, Limited Liability Company, Limited Liability Partnership, and in some states a Professional Limited Liability Company/Partnership. With so many choices available, which form of organization is best suited for your business depends on several factors, some of which are tax-related. When you think about …

Why Venture Capitalists Hate LLC’s

Business Angel Investors are individual investors, often-successful businessmen, who are investing their own personal funds into a potentially rewarding business opportunity often in an early-stage or start-up business. Angel investors have experience and contacts to contribute, and may be willing to be “hands-off”. Whereas Venture Capital is invested by firms or companies that use other people’s money. Venture Capital is …

Why Venture Capitalists Love C-Corps

In the very early stages of your company, you need to make a key decision: what type of business entity to form. Startup owners wondering whether to become a C-Corporation, an S-Corporation, or an LLC, regularly approach us. This is the most important decision a startup can make, because it will greatly impact the ability to raise investment money, impacting …