Launching A Business: What to Consider When Beginning Your Startup

By Wiss, Posted in Emerging Companies

By Patrick D’Angelo, CPA The first step toward launching your own business is having an idea. But even if you have an idea for a business, you may have no idea about the legal and tax obligations that await you should you put that idea into practice.  Here are several things to keep in mind before getting your startup off the ground. Separate yourself from the business Running your business through your personal bank account might seem easy and convenient, but unless you keep your business an... read more.

3 Reasons Why It's Important to Understand Your Cap Table

By Wiss, Posted in Emerging Companies

By Ryan S. Silva Very often some of the most promising early stage growth companies find themselves challenged when asked about their cap table. Simply put, the cap table should list all the securities of the company (i.e., stock options, warrants, convertible debt, SAFE, etc.) and who owns them. This isn’t difficult when it’s just a few people, but as the capital structure becomes more complex from financing transactions, the cap table usually does as well. This is generally because some of th... read more.

A Startup's Guide to Seeking Investments

By Wiss, Posted in Emerging Companies

By Matt Barbieri With every investment deal comes risks and questions waiting to be answered. If you are seeking investments, it is important you are as prepared as possible when it comes time to present your case. The following recommendations will increase confidence, but more importantly, make sure you are prepared for anything investors throw at you.  Be prepared to discuss the numbers. To an investor, your story matters, but ultimately every investment boils down to the numbers. Do they mak... read more.

Choosing the Entity that's Right for your Startup

By Wiss, Posted in Emerging Companies

By Wiss Associate As a startup business, one of the most important decisions you have to make is under what type of corporate entity you’ll operate. There are three basic choices of entities. S Corporations Characteristics. This entity is only for corporations with 100 or fewer individual owners and no foreign shareholders are permitted. S Corporations can issue common stock, not preferred, and there are no corporate taxes paid at the entity level. Advantages. S Corporations are simple to set u... read more.