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The Startup Checklist

Build Your Start Up Dream Team

Starting and building any business other than the very tiniest one-person shop is a complicated task. Thus, the majority of businesses that aspire to become high-growth companies of the future—are launched by a founding team of two, three, or more people. Combining the strengths, insights, experiences, talents, connections, and resources of a few people often gives a new business a greater chance of success than resting entirely on the shoulders of even a highly talented single individual. That said, there is a real difference between “founding a business” and “being part of the founding team.”

DAVID S. ROSE , FOUNDER AND CEO , GUST INC.

Can founders hold shares in their own Startup through an IRA?

Can founders hold shares in their own Startup through an IRA?

After reading about Peter Thiel’s IRA gymnastics, founders inevitably wonder whether or not they can use similar tactics to leverage the tax benefits associated with IRAs for the shares they hold in their own startup. We typically get this question at least once a month during Gust Launch office hours. While it’s technically possible to do it, there are important questions and serious potential consequences to consider before attempting. There are also other tax benefits available to startup founders that are considerably less difficult to navigate.

PETER SWAN , CEO , GUST INC.

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9 Great Alternative Funding Options Every Founder Should Know About

The process of acquiring venture capital can stir up quite a few emotions in an early-stage founder: Excitement. Fear. A sense of doing something incredibly important. The incredible degree of pressure in knowing that you need this money to be successful. However, as many founders have discovered, chasing that venture capital funding can be incredibly time-consuming, expensive, and frustrating. What if there was a better way to raise capital?

LOGAN BURCHETT , CO-FOUNDER & COO , FORECASTR

A Startup Founder's Quick Guide to Preparing for Taxes

Changes to Startup Taxes for 2023

Taxes is like the sands on the beach by my house, it is a constantly changing world molded by the tides of public sentiment and the seasons of political changes. Sometimes I walk down and there is a ton of sand and everything is smooth and easy to walk on. Other days the sand is sucked out, leaving rocky crevices where my feet are constantly at risk of a cut. The same thing is happening in the business world regarding the shifting of tax laws. We have experienced a decade of smooth regulations that have eased the way for business development, but the seasons are shifting and we are moving into a period where this may not be the case for long.

CRYSTAL STRANGER , EA, INTERNATIONAL TAX DIRECTOR , CLEER TAX & BOOKKEEPING

How to Run a Shareholder Meeting

How to Run a Shareholder Meeting

New business owners who form a corporation often wonder how to run their shareholder meetings. Answers to common questions about shareholder meetings.

JEREMY REED , SALES EXECUTIVE , Harvard Business Services

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