Authorized, Issued, and Outstanding

Very often we get questions from clients regarding “authorized” – “issued” – and “outstanding” shares and what the terms mean in the context of corporations and raising money. Below is a quick explanation of the terms; thanks for reading. Authorized Shares means the total (read, total ever that could be) shares a Corporation can create or “cut … Read more

Family Feud

OK, you have gone through all of the questions that Gary set out for you, but now’s the toughest one of all: Do you have the support network at home for this? Start-ups are not for the faint of heart. You will be putting in hours of work – possibly for little or no pay … Read more

Are you right? Right now?

I joked last time that I was having an existential crisis about my own value by discussing how much I should pay myself when starting a business, but this week’s post kicks it into high gear as we ask: Are you the right person to start this business? Well, now, these questions are not getting … Read more