By Wess Roberts
This can be the ebook that finds the management secrets and techniques of Attila the Hun-the guy who centuries in the past formed an aimless band of mercenary tribal nomads into the undisputed rulers of the traditional international, and who this day deals us undying classes in win-directed, take-charge administration.
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Extra info for Leadership Secrets of Attila the Hun
To protect minority shareholders, include a “tag along” provision that guarantees that all shareholders can participate in a sale at the same price per share should the majority decide to sell. Exit Strategy. This hot button gets everyone’s attention. How will principals cash in their chips? Under what circumstances can shareholders—angels, VCs, Grandma—force the company onto the block to recoup their investment? Beware of somebody inconspicuously slipping in this common yet onerous provision. Strategic Financial Planning.
This is in case someone steals from you. This is for somebody running a car into your store. This is in case you get sick and you can’t support your family. ” It went on and on, and so did the pile of paper. Don and I looked at each other with wide eyes that said, What in God’s name did we get ourselves into? Entrepreneurs are risk takers by nature. Still, take the time to weigh the costs and beneﬁts of various insurance coverage. Not every one applies, but rolling the dice on the whole stack is a gamble you can’t afford.
Furnishings, equipment, initial inventory, legal fees), working capital (rent, payroll, inventory replacement, accounts receivable, debt service), and reserves. Rare is the business that doesn’t burn through 50 percent or more cash than projected. Why go to a bank for a loan rather than ﬁnd an investor? Excellent question. A bank is simply a creditor, while an “angel investor” or venture capitalist demands a stake in the company, if not a say in its operation. ) Here are six funding sources to get you started: 1.
Leadership Secrets of Attila the Hun by Wess Roberts