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Securing your Business

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Episode Spotlight

Internet and software security is a huge issue for business owners in our digital age – the flurry of viruses, patches, fixes, and the like are enough to make the most tech-savvy entrepreneur’s head spin.

So you’d better make sure your perimeter is secure, and what could be more secure than a firewall. A firewall is either a software application or a device that sits between your business and the outside world, helping prevent hackers from accessing vital information and providing an umbrella of security. Listen in as expert Brent Yax of hosting service provider Awecomm provides tips on how every small business can protect itself.


Comments

EQUITY - Often called "the most expensive way to fund a business" After doing quite a bit of research my brother and I are considering offering the intrepid first investors in our company an equity stake. THE BIG QUESTIONS.......How much value should be placed on company equity early on? This is for the purpose of raising necessary funds to make your business profitable.  Say we would like to raise $250,000?  How much equity should that represent? I know that t...

Anyone?............. Anyone?........... Bueller?............... Bueller? There are no wrong answers on this one. Only opinions..........Anyone?

Eric, Placing a valuation on an idea stage business is very challenging. We advise our clients to delay this process until the business is more established – if possible.   Without more info, it’s difficult – but for the sake of discussion – let me assume the following:   The company will generate $200,000 of earnings (profits) in year 10. The company can be “sold” for 5 times earnings   Given the a...

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