Inc.

FIVE THINGS TO DO NOW THAT WILL SAVE YOU TONS LATER

DAVID S. ROSE, ENTREPRENEUR, INVESTOR, mentor, and author of The Startup Checklist: 25 Steps to a Scalable, High-Growth Business, has been present at the birth of businesses for decades. He knows what makes them grow—or not. Rose shares the simple, practical things you can do right from the start of your business that will potentially save it lots of money later, and will give you the best chance for success.

1 Decide if you want to be a small, independent business or a high-growth startup.

This is a binary, critical, fundamental decision that will immediately answer over a dozen other questions. It will determine what type of corporate structure you use, which state you register in, what kind of financing you will be able to receive, how you will compensate your employees, and much

You’re reading a preview, subscribe to read more.

More from Inc.

Inc.3 min read
2 Surviving Sweet but Sudden Success
Founder of Issei Despite debuting her company's all-natural, vegan Mochi Gummies at 170 Whole Foods locations just eight months after starting up, Mika Shino's path to retail success was anything but assured. While Shino, 52, had grown up in Japan ea
Inc.4 min read
Shelley Zalis
For Shelley Zalis, the easy way isn't worth it. She's a lifelong solar eclipse chaser, jetting from China to the Galápagos Islands to Turkey's Black Sea coast as required just for the chance of glimpsing this rare phenomenon. And in her career, she's
Inc.1 min read
Sebastian Siemiatkowski, Co-founder And CEO Of Payments Platform Klarna, Answers: How Do You Hire People Whose Skill Set You Don't Get?
“The first few years, we weren't really a tech business. We were a sales and marketingdriven business. We called people who were selling stuff online to get them to add our payment method. “None of us cofounders were engineers, so when we started hir

Related Books & Audiobooks