It depends on their business model. I have experienced some apps a) just add on user base so that they can monetize the app as an asset . So they do not charge anything for the app or within the app b) Some use advertisements within the app
The return is due March 15 for the previous year. Your S-corp doesn't pay taxes, it files a form 1120S informational return. The 1120S produces a form k-1 that states your share of the companies income and other items. You report that k-1 on Schedule E of your Form 1040 in April. You have to file...
If you sell the whole business, then the email list or 'prospect list' naturally comes with this purchase. The challenge in selling just the list is that you actually sell the list such that you're not really just selling a copy. For example, if you sell a copy, then you may fall afoul of spam ...
First of all I want to give you a lot of credit for what you are doing. One of the great things about being a business owner is that the successes are truly your own, but the downside is that the failures are too. Going through the tough times can be emotionally and physically exhausting. To ge...
It's hard to get a definite answer to this as these companies will not tell us how their algorithms work. Having said that: Based on my experience working with these APIs, it is totally possible to implement a real-time search like "socialmention.com" purely based on the APIs from Google, Twitter...
Your business model seems to be a SAAS model (software as a service). The best way to make them forget about your company size is to provide them with a working free trial offer of your software and to get them to input as much of their own data into it so they will think twice before switching t...
As your question is a little open-ended, I’ll avoid going too in-depth, but I’ll try to give an overview based on my own experience running E-commerce stores with multiple dropship and non-dropship suppliers. The first question you need to ask yourself are your reasons for wanting multiple suppl...
The easy answer is Yes! You must review results on a consistent basis to hold yourself accountable but to also analyze what went well and what did not go well. Too many times business owners fail to make adjustments based on the feedback they are receiving. Having a mentor or peer you can disc...
I've been through several acquisitions and a few IPOs. If the company is acquired, you should contact the CEO and the CFO to ask the price per share at which the company was acquired. If you have vested options, they should send you a letter letting you know whether your options are "in the mon...
I hate to be the bearer of bad news, but generally, these are not the types of businesses that venture capital pursues. Due to the risk they are taking, VCs generally want to see a large market (meaning $1B potential) and a significant return on their money (10 times return). However, you can l...