• Paperwork
    Accounting,  Corporate Law,  Finance

    Which Entrepreneurs Need to Fill Out an ITIN Application?

    Many entrepreneurs aspire to start a small business in a country outside of their own. However, to start a business in the United States, you typically need a social security number (SSN) to get started. An individual taxpayer identification number (ITIN) is an alternative to an SSN for foreign entrepreneurs who may not meet the requirements to get an SSN. An ITIN will allow you to file income tax returns, start a business in the US, and apply for small business financing. You can learn more about ITIN in this Camino Financial post. Let’s take a look at who needs to fill out an ITIN application and how it can…

  • Startup Business
    Management

    Are You the Captain of Your Destiny?

    Owning a business can be both rewarding and risky. It is the dream of every entrepreneur to call the shots and control their destiny. It is rather interesting to note that small businesses are a much larger contributor to adding new jobs in the industry than the large honchos and so it is the small guys that power our economy. What is a small business? Small businesses are those that have fewer than 500 employs although most of them reach nowhere near that figure and usually have 200 employs (full and part-time). They vary in their sizes and capacity for growth. From a small bakery shop to a unicorn, from…

  • Internet

    Sharks Tanked: Alternatives As Tech Startup Funding Declines

    We’ve all heard of frugal individuals tightening their belts, but venture capitalists cut off circulation to their legs in 2012. Nationwide spending on startups dropped 10 percent in 2012, and the number of total deals dropped 6 percent, according to the quarterly Moneytree Report based on data supplied by Thompson Reuters. North Texas saw one of the most dramatic declines as venture funding dropped 79 percent and total deals fell 18 percent from 2011. The anti-climactic IPO of Facebook was one of the primary culprits in venture capitalists shying away from tech startups. But there is still plenty of money to be had out there and here we provide some…