Margin of Safety Explained for Small Businesses
Your sales could fall a little next month and you would be fine. But how much is "a little"? The margin of safety answers that question with one number: how far …
Format
Explainer
Information Rights for Investors Explained
When an investor puts money into your startup, they usually want to know how it is going. Information rights turn that wish into a written promise: which …
Pro Forma Cap Tables Explained
Before you sign a term sheet, you should know exactly what you will own afterward. A pro forma cap table answers that question. It shows your company's …
Startup Competitions and Pitch Prizes: Are They Worth It?
A stage, a spotlight, a judging panel and a giant cardboard check: startup competitions look like a shortcut to money and attention. Sometimes they are. Other …
Sales Tax Basics for Online Sellers in the US
If you sell online to customers in the US, sales tax can feel like a maze of states, rates and rules. The good news is that the core ideas are simple once you …
EBITDA Explained for Small Business Owners
EBITDA sounds like jargon from a bank boardroom, but it is simply a way to look at how much your business earns from its core operations before financing, tax …
Accelerator Applications: What Reviewers Look For
Accelerator reviewers often read a huge pile of applications in a short time, and each one gets only a few minutes of attention. The founders who stand out are …