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The Resource Center has all the info you'll need From content to user feedback, the resource center has the information you need for every level of the entrepreneurial process.
When it comes time sell your company, one of the toughest issues is communicating the process to employees. One positive way to do this is to establish a company culture rooted in honesty and openness, which can allay employee anxiety during a potential company sale.
For quick reference and review, present your board with a one-page summary of your company's finances at your quarterly meetings. Open-book management companies can use it for employees, too. This technique doesn't exempt you from standard financial reporting, but it does help key stakeholders more quickly see and appreciate the big picture.
Sharing information with investors is important at all stages of a company's growth. Read more about what investors want to hear.
When communicating with the FDA during the approval process, it's best to be proactive, says startup veteran Jane Hollingsworth. Read more about her advice for those launching new healthcare businesses.
In her book, It Takes a Village: And Other Lessons Children Teach Us, Hillary Clinton famously (or infamously, based upon your politics) advocated for a society that assumes shared responsibility for raising children. I have concluded that there is some value to "the Village," but in an emerging way that may be redefining what we expect from the communities in which we engage.
Your company's unique characteristics guide your choices regarding executive compensation. Consider the current stage of company development, plans for future growth, intended liquidity path for company equity, and overall management philosophy around sharing financial information and rewards to help you determine what makes sense for your situation.
This article from business consultant Stephen Shapiro's blog offers a useful matrix-based method to think strategically about your company and to allocate your time. It also guides the most valuable ways to spend your time, based on the matrix you create.
The U.S. Department of Labor (DOL) administers a variety of laws and regulations concerning employment benefits.
Most people are motivated more by the work they do and the environment in which they work than by the money they earn. Therefore, the compensation and reward systems you offer to employees should include both monetary and non-monetary ideas.
In a young private company, a number of dynamics combine to make board membership appealing: appropriate vesting schedules, single trigger acceleration, retention efforts, handling reasonable board expenses, and more. Here is a detailed explanation of how to bring them all together for the best results.
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