The Eight One Blog
Equity Compensation: Restricted Stock vs. Stock Options
Whether you're an advisor looking to secure equity in a startup or a founder figuring out the best way to reward your team, understanding the nuances of restricted stock and stock options is critical.
Rant: You Can't Save Your Way to Profitability
Layoffs are a sensitive topic, especially when profits are on the line. But let’s cut through the noise: You can’t save your way to profitability.
Rant: SMB Marketing Mistakes
At the end of the day, don’t get caught up in the hype of flashy events or magazine spreads that aren’t reaching your target market. Focus on understanding who your customers are, how they make their decisions, and what truly drives their purchasing behavior.
Important Property Taxes Beyond Real Estate
Property taxes and other local taxes can be daunting, especially for small business owners who are already juggling multiple responsibilities. However, staying informed about your obligations and working with qualified professionals can help you avoid unnecessary penalties and ensure that your business remains in good standing with local tax authorities.
409(a) Valuations: What Business Owners Need to Know
409(a) valuations can be complex, but understanding their intricacies is crucial for compliance and strategic planning. Learn how industry classifications, common-size financials, and stock types impact your business valuation.
Is a 'Profit First' System a Good Idea?
Is the 'Profit First' system the right fit for your business? This blog dives into the pros and cons of this budgeting approach, helping you determine if it aligns with your company's financial needs.
Founders Guide: Deferred Payments for Lawyers, Accountants, etc.
As a startup founder, managing cash flow is crucial, and it’s not uncommon to be offered deferred payment options by service providers such as attorneys, accountants, or fractional CFOs. While these offers can seem attractive, it’s important to carefully consider the potential long-term implications before accepting them.
A Word of Caution: Fast Business Loans
In most cases, the high cost of fast business capital outweighs the benefits, and alternative solutions should be considered first.
Startup Finances: Essential Tips from a CFO
Starting a business is an exciting journey, but it comes with financial responsibilities that can’t be ignored. By understanding your obligations, choosing the right service providers, and consulting with a CPA, you can navigate the complexities of startup finances and set your business up for success.
Founder Loans: Navigating the Complexities for C Corporations
Ensuring the structure is friendly toward potential future VC investment is essential. However, the guidance on initial capital, especially founder loans, can be somewhat ambiguous. Here's a detailed look into the considerations and strategies for founder loans in a startup, based on my experience as a fractional CFO.
Banks and Old AR
When your bank asks questions about old Account Receivables, it’s impending uncomfortable phone calls, concessions, and sometimes lawyers.