Archive for November, 2010

Writing Effective Business Plans

November 26 2010 2 Commented

Here is an article on Writing Effective Business Plans that I published this week in the Flathead Beacon.

Even MIT Hasn’t Figured out Technology Transfer

November 25 2010 5 Commented

A recent article in Forbes references, two studies that support my ongoing opinion that transfer from US universities into both existing businesses and startup ventures is really, really difficult to do, currently ineffective and surely in need of a major overhaul. A 2009 study found that MIT alumni have started 25,800 still-operating businesses, with a […]

Is Venture Capital Available in Montana?

November 23 2010 No Commented

The following article appeared in the July 2010 issue of the Flathead Business Journal, but is no longer available online. Last month we described VC firms as limited partnerships in which general partners raise funds from large passive limited partners, such as pension funds, foundation endowments and big corporate investors, and then invest those funds […]

What is Venture Capital?

November 23 2010 2 Commented

The following article appeared in the June 2010 issue of the Flathead Business Journal, but is no longer available online. While wealthy businesspersons have been supporting start-up ventures for hundreds of years, by investing time and money as angel investors, the Venture Capital (VC) industry emerged as investors in new businesses after World War II.  […]

The Frontier Angel Fund Application Process

November 23 2010 No Commented

The following article appeared in the May 2010 issue of the Flathead Business Journal, but is no longer available online. As I revealed in last month’s column, I am an active member of the Frontier Angel Fund (Frontier), formed in 2006 to provide mentoring and capital to startup companies in northwest Montana, elsewhere in Montana […]

The Frontier Angel Fund

November 23 2010 one Commented

The following article appeared in the April 2010 issue of the Flathead Business Journal, but is no longer available online. I am an active member of the Frontier Angel Fund (Frontier), formed in 2006 to provide mentoring and capital to startup companies in northwest Montana, elsewhere in Montana and the inland Pacific Northwest.  Thirty-three business-savvy […]

Who Are These Angel Investors

November 20 2010 No Commented

The following article appeared in the March 2010 issue of the Flathead Business Journal, but is no longer available online. For several months, we have been discussing sources of startup capital for businesses.  Entrepreneurs first use their own cash and resources as they germinate the idea of the business.  As the venture idea germinates and […]

Funding Your Startup with SBIR Grants

November 20 2010 2 Commented

The following article appeared in the February 2010 issue of the Flathead Business Journal, but is no longer available online. Federal grant money is free!  No need for entrepreneurs to pay these monies back to a lender or give up ownership, as in an equity investment.  Who doesn’t like free?  Well…I do exaggerate.  All grants […]

Selecting a Corporate Structure for Your Startup Venture

November 20 2010 2 Commented

The following article appeared in the January 2010 issue of the Flathead Business Journal, but is no longer available online. Sole proprietorships are the most common form of business ownership. A sole proprietorship is an unincorporated business owned by one person.  The most important feature of a sole proprietorship is that the law makes no […]

Friends and Family: A Huge Source of Capital for US Startups

November 20 2010 5 Commented

The following article appeared in the December 2009 issue of the Flathead Business Journal, but is no longer available online. Using cash from friends and family to start businesses is a quite common practice.  It is estimated that roughly half of startup entrepreneurs get financial support from friends and family members in starting their companies.  […]