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Tag: Stakeholders

How and how often should I communicate with my investors?

You’ve honed your business plan, you’ve implemented systems and processes, you’ve pitched (and pitched, and pitched again) to prospective financial partners. You’re finally fully funded, but now you face a new problem: Your investors need to stay briefed on the business.  What’s the best way to communicate with your supporters, and how frequently should they receive updates?  This question has come up countless times with our clients over the years, and we’ve learned a thing or two...

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How To Distribute Authorized Stock to Startup Stakeholders

It’s not often that you hear entrepreneurs tell the truth about what it takes to get a startup rolling, especially about the nitty-gritty details of how to authorize shares of stock. In this article, we’re taking away the mystery of share distribution. If you’ve already decided to set up a C corporation and learned about initial valuation, the next step is to figure out how to split shares of the company fairly amongst stakeholders — and wrestle with the math behind those decisions. Determining...

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Utilizing a Triple Bottom Line Approach for your Future Success

By Arnold Macalintal Yes, businesses can do good while also maintaining a healthy balance sheet and income statement. That’s the premise behind a triple bottom line approach, also known in some circles as TBL, or 3BL. The intent isn’t just to meet the company’s financial bottom line—it’s to focus on two others as well: social and environmental impact. The idea is to give equal consideration to the importance of people, planet and profit for the overall betterment of the business....

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State Nonresident Withholding Taxes: What you and Your Stakeholders Need to Know

By Mark Feldstein No one likes to receive a bill for taxes, penalties and interest from a state where they’ve never lived — especially without a clear understanding of why they are receiving it. But if your company has stakeholders who aren’t domiciled in the states your business operates in, your company may be required to pay nonresident taxes on their behalf. If you’re not aware of nonresident withholding taxes and how they work, you could end up with confused, angry shareholders...

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