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Small Business Ideas Forum

Small Business Ideas Forum

A friendly place to share small business ideas and knowledge, ask questions, find help and encourage others that are involved in the small business industry. Topics include small business marketing, generating revenue and small business computing.

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Search: Posts Made By: AlexB1
Forum: Small Business Finance 18th March 2013, 12:47 PM
Replies: 5
Views: 3,013
Posted By AlexB1
I think your experience is pretty common. There...

I think your experience is pretty common. There are a few options out there for startups to connect with angel investors (for example AngelList), but even there you need to do a lot of groundwork to...
Forum: Small Business Finance 18th March 2013, 09:02 AM
Replies: 19
Views: 7,344
Posted By AlexB1
More and more alternative lenders are starting to...

More and more alternative lenders are starting to look at cashflow and other metrics rather than just a "business plan" and "time in business" to make decisions. Banks can be helpful, but one of...
Forum: Small Business Finance 18th March 2013, 09:00 AM
Replies: 3
Views: 1,744
Posted By AlexB1
The big thing from a legal perspective (this is...

The big thing from a legal perspective (this is not legal advice...) would be to pay enough interest that it actually feels like you and the LLC are separate. If it's a 0% interest loan it will look...
Forum: Small Business Finance 15th February 2013, 01:11 PM
Replies: 5
Views: 3,110
Posted By AlexB1
As others have said, you could just be a...

As others have said, you could just be a consultant who gets a referral fee on the work (but obviously that doesn't remove your obligation to pay taxes).

The times I've see this type of question...
Forum: Small Business Finance 15th February 2013, 01:06 PM
Replies: 4
Views: 1,699
Posted By AlexB1
I think you're on the right track in terms of...

I think you're on the right track in terms of doing something interesting to open up small business capital and provide returns / incentives to lenders. Feel free to reach out to me directly if...
Forum: Small Business Finance 8th February 2013, 11:52 AM
Replies: 4
Views: 1,699
Posted By AlexB1
Definitely an interesting idea. The SBA is going...

Definitely an interesting idea. The SBA is going through some changes right now and may not want to be in the position of being a money-manager, but with the right partners it seems like this could...
Forum: Marketplace 7th February 2013, 01:52 PM
Replies: 3
Views: 2,462
Posted By AlexB1
New Business Financing Option

Hi everyone,

I wanted to let all know that earlier this week we opened FundingCommunity.com up to borrowers looking for small business loans.

We are a totally new type of borrowing option for...
Forum: Small Business Finance 7th February 2013, 01:38 PM
Replies: 7
Views: 2,534
Posted By AlexB1
I always told clients looking to start either an...

I always told clients looking to start either an LLC or an s-corp to chat with their accountant. Whichever their accountant is happier / more familiar with is generally the right choice.
Forum: General Small Business Issues 4th February 2013, 01:29 PM
Replies: 4
Views: 1,663
Posted By AlexB1
Torka gave great advice to find good folks to...

Torka gave great advice to find good folks to advise you through the process.

The really short answer to your question (in the US) is that there is nothing you need to do to sell your cards online...
Forum: Small Business Finance 23rd January 2013, 09:14 AM
Replies: 8
Views: 4,289
Posted By AlexB1
Hi computerguy4783 The first question is...

Hi computerguy4783

The first question is what do you need money for? I know this sounds like a crazy question, but often people think of step 1 of starting a business as "raising money", when a...
Forum: General Small Business Issues 3rd January 2013, 11:16 AM
Replies: 10
Views: 4,632
Posted By AlexB1
I don't disagree with Dave's premise that you...

I don't disagree with Dave's premise that you don't always need to be incorporated, but I would disagree with the laundry list of businesses that need to be incorporated. Your filing and...
Forum: General Small Business Issues 30th December 2012, 01:23 PM
Replies: 11
Views: 3,316
Posted By AlexB1
Absolutely agree with Craig_Ridley. When you're...

Absolutely agree with Craig_Ridley. When you're looking to get a large project done find a few smaller projects (either pieces of the bigger one or separate, but similar to the large) so you can try...
Forum: Small Business Finance 29th December 2012, 06:24 PM
Replies: 5
Views: 2,246
Posted By AlexB1
Hi Wethouse, We are in the process of...

Hi Wethouse,

We are in the process of setting up a consumer-to-business lending platform, where you can find people to lend to you on a short-term basis (9 months) and the loan is secured on your...
Forum: Small Business Finance 29th December 2012, 06:19 PM
Replies: 1
Views: 1,333
Posted By AlexB1
Standard disclaimer - not your lawyer, this is...

Standard disclaimer - not your lawyer, this is not legal / tax advice.

One of the main reasons you set up a legal business entity (corporation, llc, etc) is to limit your own personal liability. ...
Forum: General Small Business Issues 29th December 2012, 06:13 PM
Replies: 10
Views: 4,632
Posted By AlexB1
It shouldn't be a problem with something like...

It shouldn't be a problem with something like legalzoom. You don't have to show up anywhere to sign anything in any state that I know of, you usually just have to fax some info in (or submit online...
Forum: General Small Business Issues 20th December 2012, 10:09 AM
Replies: 12
Views: 4,056
Posted By AlexB1
It really depends on what type of business you're...

It really depends on what type of business you're looking to start. There's a whole movement in the startup world called "lean startup", which effectively means you try to prove out your model and...
Forum: New Member Introductions 19th December 2012, 10:57 AM
Replies: 4
Views: 995
Posted By AlexB1
Thanks guys! Will do my best!

Thanks guys! Will do my best!
Forum: Small Business Finance 18th December 2012, 09:54 AM
Replies: 13
Views: 4,003
Posted By AlexB1
I'd agree with checking out purchase order...

I'd agree with checking out purchase order financing. There are a couple options out there (things like Receivables Exchange). On top of that an SBA loan might be right up your alley if you can...
Forum: New Member Introductions 18th December 2012, 09:47 AM
Replies: 4
Views: 995
Posted By AlexB1
Hi From Alex @ FundingCommunity

Hi everyone,

I'm Alex, a former startup lawyer who co-founded a consumer-to-small business lending platform based out of NYC. I'm looking forward to learning all about what makes other small...
Showing results 1 to 19 of 19

 
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