All Posts in "Ronnie Jackson"

Mike Hainsworth of Fort Myers Reviews Startup Basics: 3 Methods for Money Management

A tricky part of managing a startup is figuring out how to manage and partition money. While many famous examples of successful startups have gained publicity for burning through cash, the far more likely reality is that your company will be carefully managing funds to maximize output. But figuring out how to do this while working through all of the other complex tasks necessary for smooth startup sailing is not easy. A financial expert in Fort Myers, Mike Hainsworth gives three distinct tricks for managing your business’s money in transparent, easy-to-follow ways.

Mike Hainsworth of Fort Myers Reviews Startup Basics: 3 Methods for Money Management

1. Constantly update financial projections

When you first created a business plan for your startup, you may have created a simple set of 1-year and 5-year financial projections. But as time progresses, it becomes easy to merely glance at those projections and move on with your day. This isn’t conducive to a growth mindset, as it simply reinforces goals you set in the past. A more helpful approach is to set aside time every week or month to update those financial projections. This method will help you constantly reevaluate your startup’s priorities, whether that means you increase spending to match investor expectations or seek out new capital to fund future projects. You’ll also be able to revise financial goals and keep your vision on track. The most important outcome of consistently updating your financial projections is the ability to keep a firm grasp on the current financial state of your company. 

2. Keep track of tax break opportunities

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Ronnie Jackson by — June 22, 2019 in Venture Financing
J.D. Perry, Baton Rouge CEO of Moss Point Financial, Reveals Alternatives to Stocks and Bonds for Investors

Smart investors with a proven track record like J.D. Perry of Baton Rouge have always kept a diverse portfolio that includes investments outside of the stock market. In fact, the super wealthy (people valued at over $100 million) keep more than half of their wealth outside of stocks and bonds.

J.D. Perry, Baton Rouge CEO of Moss Point Financial, Reveals Alternatives to Stocks and Bonds for Investors

If you’re interested in diversifying your holdings outside the market, take a look at the following choices recommended by J.D. Perry, Baton Rouge finance expert.

1. Real Estate Crowdfunding

Getting started in real estate as an investment seems daunting unless you have a lot of cash, but there are affordable ways to enter this market. If you have a high-risk tolerance, plenty of free time, and some building skills, you might be able to lure a partner or two into a house-flipping venture.

But crowdfunding networks allow you to invest a set amount of cash in real estate without picking up a hammer. Fundrise pools investors’ money and sinks it into development projects. All you have to do is collect your returns quarterly. Fundrise is the best-known name in this field; other firms in the industry include Realty Mogul and Realty Shares.

Pros: Fundrise’s minimum investment is just $500, and historic returns have been over 10%. Relatively low-risk.

Cons: Not insured. It can take months to close out your position and get your cash back, and the process is not very transparent.

2. Life Settlement & Viatical Investing

The Life Settlement market is buying life insurance policies where … READ MORE ...

Ronnie Jackson by — June 13, 2019 in Seed Funding
Grow Your Business With Joint Ventures

Joint ventures are an extremely effective way to grow your business. However, it is extremely important for all the partners to be specific on their respective objectives when they draw up the joint venture agreement and then build and execute a plan that achieves these objectives.

Grow Your Business With Joint Ventures
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Many people consider joint ventures as a way of establishing their business, particularly if they are having difficulty getting the business off the ground. A joint venture business plan that is executed properly can work wonders for any business at any stage of its evolution.

To help you decide if this type of business partnership would be effective to help you grow your own business it is important to understand the basic types of business venture arrangements that you can use, as these both function in different ways.

Put simply, a joint venture simply means two or more companies working together to achieve a common goal or purpose, and the key element in any such business partnership agreement is the accomplishment of agreed targets for mutual benefit.

There are two basic types of joint ventures that you can aim to set up, depending upon your business objectives.

Co-ownership

As the name clearly suggests, in a co-ownership agreement both the parties are owners of the business partnership, usually in equal proportion but the ownership can be for different percentages depending upon the contribution of each party to the arrangement.

Suppose you and your friend are partners in a co-ownership venture then both of … READ MORE ...

Ronnie Jackson by — June 10, 2019 in Capital One Venture
Strategies On Ways To Uncover Venture Capital Investors

From the most important concerns of persons who are preparing to begin a organization will be to how are they going to fund their business. Obviously, an incredible business enterprise program wouldn’t function without the need of the funds to run the concept. Some people borrow funds from wealthy friends, some use crowd-funding technique even though other loan in the bank or greater however seek equity funding from a venture capital firm.

Most small business owners opt for equity funding from a venture capital firm. Nonetheless, prior to you seek approval from venture capital investors, you need to ensure that you prioritize their welfare. You should realize that after they invest inside the company, they will be aspect owners and not just mere creditors. Consequently, they will need to view long-term revenue with your company.

Strategies On Ways To Uncover Venture Capital Investors

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Here are other recommendations on how to find venture capital investors:

  1. Make sure to come up with concrete business enterprise plan presentation – most investors look for companies with great plans that they’re able to support. You may not count on investors to are available in without having compelling suggestions for the business enterprise. As a result, ahead of seeking for VC’s, it is best to 1st care for the company plan that you will present to them.
  2. Show the investors the return of investment that they could expect – most investors are seeking to three to five occasions return of investments. You ought to make sure to present to them clearly, how
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Ronnie Jackson by — May 19, 2019 in Capital Investors
Your House Was Burgled When Traveling Abroad? Find Out How Travel Insurance Covers That Too

Your home becomes an easy target for burglars especially when you are away on an overseas trip. But did you know that the travel insurance you purchased for your overseas trip also insures your home against burglary when you are away?

Your House Was Burgled When Traveling Abroad? Find Out How Travel Insurance Covers That Too

Several insurance companies such as Bharti AXA GI are offering burglary cover under travel insurance policies. The policy basically states that if the home has undergone a theft or burglary whilst you were away on an overseas trip, the insurance company will have to compensate you as per the financial protection offered. This will typically cover the damage or loss as a result of the burglary.

However, there is a catch here. The home burglary will have a cap that will be defined in the policy. This means that the insurance company is only liable to pay the up to the maximum limit set under the travel policy burglary cover. For example, your home has been ransacked and you have experienced a loss or damage of several lakhs of rupees, but your insurance only covers you for Rs. 50, 000 as the maximum limit. Your insurance company will only make a payout of Rs. 50,000 in that case, regardless of the actual loss or damage that you may have incurred financially.

What are the Conditions that Requires Fulfilling at the Time of Settling the Claim?

If you have raised a claim against a burglary that occurred when you were away on a trip, then you are required to … READ MORE ...

Ronnie Jackson by — May 18, 2019 in Venture Financing