We use Salesforce for CRM, so we implemented Financial Force PSA. This has been an excellent solution for us, but it definitely requires a lot of customization to represent your business processes (like any holistic solution would).
Find the right investor interested in this area and the answer is yes. investors come from many walks of life and are interested in things just like everyone else. Find wealthy individuals who are open to investing and find your area of business interesting and ideally understand it and could hel...
Simple answer. Assign the ownership of the patent prior to closing any investment that is sufficient to market validate your invention. Investors will require an absolute assignment of ownership of any intellectual property. Given that you don't actually have a patent yet, you will be doing a ...
I am assuming you are in the US? I'll assume you are. The fact that the patent has been approved proves that in the it can be, its a precedent and US law is precedent bound. As for lawyers, no you'll have to pay for your own lawyers.
It will surely depends on where you are located. In Canada, you can ask the 2 employees/contractors to provide you a bill like any company does when they sell services to customers and you can pay them by check. The employee/contractor would need to be registered as a company (incorported or regi...
Hi, Doing lunch and learns is a great way to get the word out about your business. Here's the catch; who are you selling to? Employees may be very interested in what you have to say but do they get to make decisions on how training budgets are spent? It's a real question. In some businesses ...
The answer: do both. The first thing you need to know about patents is that the U.S. now has a first-inventor-to-file system after the American Invents Act (AIA) went into effect in 2013. I have to disagree with Dan above: for hardware inventions especially, a patent is an important part of th...
Not necessarily. You have to weigh your available time and money. If you have more time, identify key influencers and build a relationship with them. If you have more money, then hire a PR firm who will do this in a way, but will really rent a lot of attention in the industry. Once you stop payin...
There are many consultants, brokers, appraisers and other experts who value businesses and cash flows. I do Most Probable Selling Price evaluations for my clients in most of the Western World. The problem with a pre-revenue enterprise is that you'd be relying on projections. Anyone who wants t...
Red Flags in early discussions: 1) Request to see a "business plan" (indicates lack of sophistication in early stage tech investing) 2) Talks to much about themselves or their firm (good investors should be 95% about understanding you and your business) 3) Talks negatively about anyone: This ...