I moderated last week’s meetup of Bootstrappers’ Breakfast at Bouding Bakery in Embarcadero 4, and once again we had a great meeting. Attendees brought a very diverse background. Software developers, social media gurus, marketing and business consultants, and lawyers all came armed with unique perspectives as attendees took turns introducing themselves, their businesses, and their […]
I moderated the latest San Francisco Bootstrappers’ Breakfast this past Friday. Entrepreneurs, first-timers and serials, gathered at Boudin Bakery, Embarcadero Four, to discuss common challenges facing those bold individuals seeking to start a business from scratch. The basic idea behind Bootstrappers’ Breakfast is that entrepreneurs and founders are ideally situated to help each other out […]
by Tim on January 21, 2010
Where does insulting your users and your potential business partners fit in a business plan? I’m pretty sure it doesn’t. The creators of Foursquare seem to have missed this little nugget of wisdom when they were designing the popular geo-location based game. What is Foursquare? Foursquare is a geo-location based, mobile gaming app that allows […]
by Tim on January 15, 2010
Lawsuits Are a Cost of Doing Business When you start a business, you must understand there is a risk you will get sued as a result of the business’s operations. Whether it’s a vendor suing because you haven’t paid an invoice, an employee suing for wrongful discharge, a customer suing because your product or service […]
by Tim on December 14, 2009
by Tim on November 13, 2009
When you think about protecting your business and reducing unnecessary risk, you should think in terms of layers. No single layer can eliminate all risk, but by using multiple layers, you can eliminate as much unnecessary risk as possible. A business owner can reduce risk by intelligently drafting his or her contractual agreements with co-owners, […]
by Tim on October 2, 2009
Thinking of hiring someone to help you out with your new or small business? Here are some important things you should know about the tax classification of your workers: Independent Contractor versus Employee Classification The way you classify your worker is very important. There are two categories: Independent Contractor and Employee. Independent Contractor: You pay […]
by Tim on August 18, 2009
There are many variables that go into choosing the appropriate legal entity for your business. One of those variables is how much personal liability will be taken on by the founders/owners. Some entity forms limit the liability of an owner to the amount invested in the business. If a business owes somebody a debt, that […]
Starting up your own business requires a lot of work. The to-do list can seem overwhelming at times. I’ve come up with a list below of some of the bigger issues that should be on your radar screen. Take a look at the list and make sure you’re not missing something important that may come […]
If you are thinking about starting your own business, you will want to take the time to understand the business entity options available to you. Choosing the appropriate business entity is important because your entity choice will impact your exposure to liabilities, taxes, and your ability to finance and conduct your business. Here is a […]