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Marcia Hooper currently serves as a Partner of Branch Venture Group, LLC, an angel investing group focused on food startups, targeting food products, food technology, business services for food-related companies, ag-tech, and sustainability.
Aside from limited liability, what are some good reasons to choose an LLC or a corporation to incorporate a business? Let’s take a look at the areas where LLCs and corporations differ from each other and what that means for new entrepreneurs looking to incorporate as one of these entities. Let’s start with LLC ownership.
doola makes it incredibly easy for anyone, from anywhere in the world to set up a US-based LLC, get a US bank account, with access to all the payment products and financial services typically reserved for US-based businesses,” she wrote via email. She believes doola is poised to help such global businesses.
From incorporating an entity type to Googling possible business names first, here are the 14 answers to the question, “What are some helpful tips for naming an LLC?” When naming an LLC, it is important to remember the name must include the entity type, such as LLC or Limited Liability Company. Pick a Flexible Name.
Just by embedding analytics, application owners can charge 24% more for their product. How much value could you add? This framework explains how application enhancements can extend your product offerings. Brought to you by Logi Analytics.
Angel investors joining the round include Chris Grove, Partner Emeritus at Eilers & Krejcik, LLC, and Josh Hannah, co-founder of Flutter Entertainment. The co-founders gained funding support, led by 6M V with the participation of Will Ventures, Bullpen Capital, Karatage, and Advancit Capital.
Many founders are tempted to make an S-Corp election which allows a pass-through tax treatment similar to an LLC. Investors prefer investing in Delaware C Corps which don’t allow founders to take personal tax losses for early expenses.
Neoventech LLC (Mercer County): Improving pesticide application efficiency to ensure more effective pest control, leading to increased crop and fruit yields, increased overall food availability, and reduced risk of shortages.
Colin and partners continue to launch new companies, including Startups.club , a Fort Lauderdale incubator; Club Domains, LLC , an alternative domain extension to.com,net and.org with more than 1 million registrations worldwide; Entrepreneur.wiki Foundation ; Serial Entrepreneur Club.
Ben Franklin Technology Partners is Pleased to Announce the Following Finalists Will Be Competing (Virtually) on October 14, 2021 beginning at 2:00 PM: Swift Aeroseed LLC (Molly Cheatum, Jay Shettel, Bill Chain) , located in Cumberland County, is an agricultural drone service company capable of carrying twice the amount of payload/seed.
Limited Liability Company (LLC). Limited Liability Company (LLC). Which type of business benefits as an LLC? An LLC is a popular entity formation , thanks to providing limited liability protection and ease in maintenance. The flexibility of an LLC makes it a popular choice among businesses of all shapes and sizes.
Some entrepreneurs can’t decide if they want to be a Limited Liability Corporation (LLC) or a C-corporation, or they don’t have the money, so they put off doing anything until the first venture capital round, or until the first lawsuit occurs. The simple answer is to do something, and start simple.
CiviLink, LLC , located in Spring Creek, is developing a state of the art Government Management System (GMS) to address the unique performance and process management needs of local governments. Athletic Trainer System collaborates with athletic trainers in a variety of environments.
BoB Profit Partners LLC (Craig Moyer, Raj Trivedi) , located in York County, developed loss prevention technology that uses a sensor to detect when items are left behind in the shopping cart. IL Fuels LLC (Paul Painter, Aron Lupinsky), located in Centre County, developed technology to recycle water from mining operations.
A full list of awardees can be found below: AIVacua LLC (Somerset County): Demonstrating an innovative spray flash distillation technology to be an integrated part of a cost-effective and scalable solution for use in water treatment.
Dub Diversified LLC (DBA OhanaLink), located in Mercer PA, received funding to help with scaling sales traction and enhancing go-to-market and customer support activities for a platform that provides a private connection network to a diverse client base. For more information: www.dmi-llc.com.
Entrepreneurial Visionary and Devoted Family Man: An Exclusive Interview with Shakeim Reid, Founder of Serv-U Hub LLC I had the pleasure of interviewing Shakeim Reid, the founder of Serv-U Hub LLC. In 2021, I embarked on a venture into the box trucking business, a journey that led to the creation of Serv-U Hub LLC in 2023.
If you’re an LLC instead of a C-corp, be SURE to get all your investors their K1s in good time to file their taxes…or else you run the risk of being burned in effigy. It’s a “one to many” relationship, so that’s the only way it can work.).
BoMax Hydrogen, LLC | HQ : Space Coast, FL | About : BoMax Hydrogen, LLC develops a patented carbon free light-driven method to make large quantities of pure hydrogen to produce electricity. Luxe Fête Social | About: Luxe Fête Social is a dinner party in a box rental service secured effortlessly through an e-commerce platform.
mm in Series A; IdealLab ( Bill Gross ), Index Ventures ( Danny Rimer ), Revolution LLC ( Steve Case ), First Round Capital , BetaWorks , Jason Calcanis. He’ll pivot. He’ll discover the value. He’ll get deals done. M&A Discussion. Atebits dba Tweetie (acquired by Twitter).
a pioneering company in quantum computing hardware, has secured a significant investment from Applied Ventures, LLC, the venture capital arm of Applied Materials, Inc. Qolab, Inc.,
To continue its mission, the Miami-based trade finance company raised $7 million in seed funding and $75 million in a credit facility, led by Arcadia Funds LLC and Kayyak Ventures, to increase its credit line to $100 million.
At the recent June board meeting, Ben Franklin CNP approved investments in the following companies: Atlas Biotech (Atlas Biologies, LLC) – Penn State Affiliated : Atlas Biotech is a research tool company specializing in the development and deployment of in vitro assays for the evaluation of targeted anticancer therapies. .
and we’ve already created two new jobs due to Ben Franklin’s support”, said Gavin Maus, President of Altered State Distillery, LLC. Our entire team values the opportunity to work with and invest in entrepreneurs, like Gavin and Aaron, and value their focus on innovating within their markets.
Randy Nelson is currently the CEO of Gold Dolphins LLC, a coaching, writing, speaking and consulting firm for entrepreneurs and leaders. When you uncover what they are, share them within your EO Forum the next time you meet, and have your Forum mates do the same!
Heather Terenzio-McCollester (EO Colorado), founder of Techtonic Group, LLC. “My The technology industry is ever-changing and that vigorous environment not only motivates me, it challenges me to continue growing and adapting my company.”. My passion is in my business’s purpose.
Limited liability company (LLC), owned by one or more members. Single-member LLC. Multi-member LLC. Business owners who go into business alone have more control than partners (partnerships), members (multi-member LLCs) and shareholders (corporations). Here are the five IRS business entities : . Corporation. S corporation.
Marsha Ralls is an EO DC member and President and CEO of Closed Monday Productions LLC. . I’m communicating with art lovers everywhere, even when I’m asleep. That freedom is the best gift of all. During the month of March, EO’s social media channels will delve into the current status of the global economy.
Argolytics, LLC, located in State College , developed a web-based software solution, Trendable , that helps manufacturers assess the quality of their product during actual production. Below are brief descriptions of the innovations developed by the companies.
The slowing employment market suggests conditions for The FED to lower interest rates According to Anna Rathbun, CFA, Chief Investment Officer, CBIZ Investment Advisory Services, LLC, economic data indicates the employment market is slowing and impacting hiring for small business owners and job seekers.
Common options for legal entities are limited liability companies (LLCs), S corporations and C corporations. The benefits of an LLC include reduced paperwork, less stringent reporting and a more flexible management structure. After you form an LLC or corporation, apply online for an EIN from the IRS.
She consults via AEP LLC., Copyright AEP LLC 2019-2024. Jeanne is the Publisher of American Entrepreneurship Today, a website dedicated to helping entrepreneurs and small business owners to succeed.
based startup platform Bloom has now secured a £300 million / $377 million financing round led by Credo Capital and Fortress Investment Group LLC (NYSE:FIG), making it one of the better-funded revenue-based lending businesses in Europe. It has now raised a total of £307 million. million, according to Crunchbase , and Clearco in the U.S.,
The combined entity will have $510 million in cash, including $190 million from a PIPE — a method of putting private money into a public entity — from “BlackRock, D1 Capital Partners, Durable Capital Partners LP, Fidelity Management & Research Company LLC, Chamath Palihapitiya, The Spruce House Partnership, Wellington Management, (..)
In addition to the equity financing announced today, San Francisco-based Pacaso has also secured $1 billion in debt financing from First Republic Bank and funds managed by affiliates of Fortress Investment Group LLC. It also gives vacation homeowners an alternative option to renting out their property.
Returning backers Jefferies Financial Group, New Residential Investment Corporation — an affiliate of Fortress Investment Group LLC — and 166 2nd LLC ( the family office of WeWork co-founder Adam Neumann) also participated in the financing. Valon previously raised $3.2 Soros, Kairos and Zigg Capital. .
In November 2022, GOPAX halted the withdrawal of principal and interest payments in its decentralized finance (DeFi) service GoFi as a consequence of the upstream challenges experienced by Genesis Global Capital, LLC.
Located in Hermitage, PA, Dub Diversified, LLC dba OhanaLink Technologies, is the world’s first mobile communication tool that creates a virtual waiting room for friends and family who want to be informed on the status of a patient or the arrival of a new baby. www.boostpoint.com.
> Are their annoying costs, like the cost to publish an LLC notice? How in the world do all my actor friends live here if you’re saying you can’t hire a developer because you have to pay them too much? >
Mike McGill is a managing director of investment banking at Cowen and Company, LLC : Member NYSE, FINRA and SIPC. Kevin Jolley is a managing director of investment banking at Cowen and Company, LLC : Member NYSE, FINRA and SIPC. Share on Twitter. Kevin Jolley. Contributor. Share on Twitter.
If you expect to require external funding, you should first incorporate as an S-Corp, C-Corp, or LLC, rather than the more expeditious sole proprietorship or partnership. Here is my list of top ten action items to best prepare you for success in achieving a funding event with Angels: Incorporate the business now.
Rick Martinez (pictured) is an EO San Antonio member, EO Accelerator Chair and the founder of Life Pivot, LLC. Peace out for now. I’ve got a Facebook Live broadcast to hop on in a few minutes. The post Harnessing the Power of Facebook Live appeared first on THE BLOG.
At the recent June board meeting, Ben Franklin CNP approved investments in the following companies: Atlas Biotech (Atlas Biologics, LLC) – Penn State Affiliated : Atlas Biotech is a research tool company specializing in the development and deployment of in vitro assays for the evaluation of targeted anticancer therapies. .
John Flavin is founder and CEO of Portal Innovations, LLC. John Flavin. Contributor. Share on Twitter. More posts by this contributor. 2021 should be a banner year for biotech startups that make smart choices early. Kevin O’Connor. Contributor. Share on Twitter. O'Connor, Ph.D.,
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