corresponding tax liability
Business angels and venture capital fund analysts are inundated with countless ideas for the business. Undoubtedly, many of them are worthy of attention (statistics speak only of 10% of the total volume of business projects), but there are outgoing, stupid and absolutely ridiculous projects that no sane person will undertake to finance.
Venture business has its own characteristics that not all entrepreneurs who dream to realize themselves in this direction can understand. The industry specialization of the fund, in principle, makes it impossible to finance certain projects, in addition to everything, often really absurd fantasies are sent.
The following are stories of business angels that describe the most egregiously insane ideas.
One wise man said that you need to limit yourself to stand out. The same project was conceived so comprehensive that it resembles chaos. This is a very popular mistake of inexperienced businessmen. Continue reading
A reliable budget will allow you to understand how to control your expenses: the organization will spend only when you are clearly aware that these expenses can be allowed. The budget will also allow you to see information about savings to create cash reserves for the company.
One of the best ways to manage a firm’s budget is to create a cash forecast. Such forecasts will be needed to plan financing and allocation of resources between different lines of business. We’ll introduce you to the basic steps that you need to take in order to use the forecasting capabilities to the maximum. Continue reading
Imagine that there are two partners, “P1” and “P2”. They own the company A LLC. The specific percentage of the partners’ shares in the authorized capital is not of fundamental importance.
“P1” has heirs who, for certain reasons (we will come back to them), cannot rationally manage the company. Moreover, this statement is consistent with the opinion of both partners. However, “P1” still wants to ensure the comfortable existence of its loved ones. To do this, he turns to the notary and draws up a will, according to which, after his death, the notary will create a hereditary fund. Continue reading