Raising money is a choice, if you can self funded until the concept is proven and you start getting traction, don't give up equity early on. In any round, you give up a piece of the pie, the longer you are able to self fund, the better the end result for you. You will be in strong position if y...
In normal cases each subcontracting partner is self responsible for its accounting. Depending on the country you are and kind of business you running, you need to find out what possibilities are possible. For sure there are services you can use, check out payroll.intuit.com for example. There the...
You are asking one question and inferring another. Do you want to know if it is possible to raise that amount on a crowdsourced site or are you asking for the best crowdsourcing site for your fundraising? In short, yes. It is entirely possible to raise that level of funding without a VC and on c...
Hi- I am not familiar with the tax implications in Canada because I am located in America. However, if you were in the united states and you sold an asset there would be a tax implication there. Never the less, this would clear up any debt you have. Option 1 would be a good choice. As it relates ...
Finding a bank for your LLC's needs will largely depend on the specific requirements of your business, your location, and other factors. Here are some banks in the U.S. that are well-regarded for their business banking services. 1. **Chase Bank**: Chase offers a variety of business checking acc...
That depends a lot on what assets you have, and what type of business you're trying to create. Do you already have a MVP version of your product? I hope so, six months in! One option is to pre-sell your product (beta version) to your audience, which not only helps with financing but also gets t...
First and foremost you need to look at all ways to fund your start-up not just outside investment. How far can you bootstrap your start-up and self fund? Are their ways to get your first clients to fund development for in return for free life-time use etc. If this is not possible then you move...
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You don't. But you can definitely build the product. This is a crowded market where reputation is of critical importance. It is much easier to get a large sponsor to revenue share and handle distribution and marketing. Most of the insurance companies would be a good target for annuity products b...
The revenue that fintech companies generate from issuing credit builder loans can vary widely depending on various factors, including the specific terms of the loan, interest rates, fees, and the volume of loans they handle. Exact figures would depend on the specific fintech company, its busines...