Strategy
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Which accounting and financial management functions can/should be performed w/o onsite personnel and/or outsourced?
While large companies have complete, inrternally integrated financial teams, with separate departments of specialists performaing the various accounting and financial managment functions, smaller and startup businesses lack the scale and budgets to hire comparable levels of specialized, experienced…
8
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Contract Structure for Resellers signing on behalf of end customer
We are a social media marketing company that uses a proprietary technology platform (not currently licensable) to manage large blogger programs for brands. Through our independent contractor relationships with our bloggers, we produce and aggregate content for brands. Very often we sell our progr…
1
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Optimal Legal Structure: Corporation or LLC?
I usually prefer to have my clients incorporate as either a C or Sub-S rather than set up as an LLC because it is easier to raise capital, especially in the second or third round, but I am interested in hearing what other members think of the pros and cons for Corp vs. LLC. What are your thoughts?
8
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Intellectual property movement in Asia
As you may have seen from my blog, I'm getting back into Japan, TW, HK and related. One thing that we'll be doing is developing content/applications for that market. The work will happen in all three places, along with a smattering of others, all in Asia. The ownership is fungible as far as locat…
2
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Corporate Insurance
I have recently taken on a corporate client who (among other issues) has not kept up to date with his insurance coverage. His broker is a family friend who basically rolls over prior year coverage without much due diligence. I need to update the coverage amounts for basically the entire suite of po…
6
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Business Interruption Insurance
Our company recently faced fire accident. we have insurred Gross Profit i.e business interruption insurrance. Can someone please explain how insurance people will calculate this figure which is related to business interruption. REGARDS
4
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Kidnap & Ransom Insurance - Anyone have experience or recommendations
We have new business requiring key EE visits to Monterrey Mexico. We are interested in obtaining insurance and seeking any recommendations regarding carriers and Crisis Management teams associated with various insurance providers.
3
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D&O or General Liability coverage for Non-profit / not-for-profit group
Colleagues, In your experience, is it reasonable or necessary (either) to get this type of coverage for a not-for-profit? What types of risk (primarily to board members, latterly to voluteers) should be of real concern, or is that superfluous in this situation? Background; well structured, a…
5
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Where is your procurement function housed?
Is your sourcing organization part of the Finance department or is it housed in Operations?
3
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Startup Company Legal Checklist
I saw this great resource on the checklist you should follow for a start-up and wanted to share with my fellow CFO's. See the link for the entire article and other articles by the author. Startup checklist: 1. Form a corporation, not a LLC or a partnership. 2. Incorporate in Delaw…
3
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Little Things Add Up: Printer Ink Amortization
It is always interesting to see the various discussions relating to corporate finance, taxation ,and reporting compliance, however, sometimes the little things in life can become important. One such thing is the cost and life cycle of printer ink and toner. We always seem to run out of ink and I…
5
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Running a mobile product tour and the finances around it
My company has recently been asked to submit a proposal for running a mobile tour for an existing customer. This project includes the purchasing/leasing of a truck and trailer, the wrapping of them, hiring the driver, handling the insurance and delivering the vehicles to each event. Everythi…
1
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When is the right time to find more office space?
Our company is growing to the point where our current office space is filled. 1 per cube/office. We are still growing and I want us to maintain productivity as we grow, but I don't want to move too early either. And at past compaines, moving to a larger space has frequently (not always, but enou…
3
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Selecting an Insurance Broker
Hi Everyone, Hoping for some input on making a broker selection for our property and casualty needs. Our existing broker is available when called upon but doesnt seem to really engage in understanding our business or insuring that our needs are being met. This concerns me that maybe this same la…
2
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Does a Restricted Stock Sale require Amendment to the Articles of Incorporation?
We have a CA Corp currently using the S-Election but we intend to change. We're considering doing a Restricted Stock Sale as incentive compensation for a new key employee and we'd like to understand whether an Amendment to the Articles of Incorporation is needed. Assuming our Corp has shares to iss…
2
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Consultants requesting backup withholding
The company I work for offers to do backup withholding for consultants if they note their request on the W-9. We have quite a few that accept this, but based on where I have worked before I consider this very strange. There are only been a few cases where I have had to do backup withholding for 1…
3
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Santa Monica Employee Trip Reduction Plan
My company is based in Santa Monica, CA and registered with the City as a business. In return, they've sent us a package called an Employee Trip Reduction Plan, that requires compliance by April 15. We are approaching 100 employees and must get in compliance for the first time. Is there someo…
1
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Looking for referrals for a good DFW Texas Based Business Insurance Broker
Am assisting with a possible start up and would appreciate any referrals for a good D&O, E&O, P&C broker that might also be able to assist with Surety/Fidelity Bonds (for state licensing purposes). Would prefer all referrals to be Dallas Fort Worth Texas area brokers. Thanks.
8
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Looking for cost-effective travel agency
We are looking for a reputable travel agency that serves the needs of small businesses who have extensive international and domestic travel needs. I would be appreciate of your help in recommending a travel agency that you have worked with that would bring value to our company. Thanks Linh
8
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When should my growing company bring on D&O insurance?
My company is growing, recently funded, and recently brought on a board with outside members. I got a quote for D&O insurance and before moving on it I just have to ask: when is the "right" time to start D&O insurance. It's not so obvious to me, and in this environment, where I am lookin…
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