Start Up Phase Over – Now What? “Communication breakdown. It’s always the same Having a nervous breakdown Drive me insane” Lyrics from Communication Breakdown by Led Zeppelin One of the real thrills of being an advisor to entrepreneurs is getting the chance to watch a fledgling startup evolve into an early stage growth company. Like…
New Jersey adopted several new regulatory changes this month that address how software related services are taxed. The prior law, which was governed by N.J.A.C. §18:24-25.6, has been repealed. New Guidance The new guidance is effective December 1, 2014, and is enacted via: The regulations make important distinctions that taxpayers need to be aware of…
Israel 4: Jerusalem and the Western Wall The view of Jerusalem from Mount Scopus is quite amazing. If you find yourself in Jerusalem, you need to make your way to Machane Yehuda (“The Shuk”), which is a marketplace with hundreds of vendors, selling everything from art to authentic Middle Eastern food. If you like halva,…
How Do I Know It Is Time To Get Out? “Well come on an’ let me know Should I stay or should I go” . . . lyrics from The Clash Many established owners in mature businesses confront this dilemma at least once in their business lives. In many cases, they are hoping that others…
Israel 3: Tour of Tzfat Tzfat is considered one of the holiest cities in the world. It is the center of the Kabbalah, a form of Jewish mysticism, and seems like one of the happiest places on earth. People come from all over the world to visit Tzfat and find their sense of spirituality. There…
Israel 2: Fun Facts Israel is the size of New Jersey, but instead of miles and miles of the Turnpike, Israel has miles and miles of desert. Always carry water and wear a hat and sunscreen because the sun is hot! I learned that no matter where you are in Israel you’ll always have a…
Israel 1: My Birthright This summer, I had the incredible opportunity to travel to Israel for 10 days through Taglit-Birthright. The Taglit-Birthright Foundation is a 501(c)(3) non-profit organization that provides financial support to the Birthright Israel program in North America. The program provides a free, 10-day educational trip to Israel for young Jewish adults between…
Startup Funding Myths Dr. Thorndike: “Do you really think that is nece…” Professor Lilloman: “Don’t tell me what’s nece…. I’ll tell you what’s nece..” Script from High Anxiety by Mel Brooks So why the arcane quote? In this scene from one of my favorite Brook’s films, Dr. Richard Thorndike is being told by his mentor,…
Act 22 of Puerto Rico Creates a Tax Haven for Americans Puerto Rico is a beautiful island with many natural wonders, but it also has one very “unnatural” quality that is creating a haven for American citizens; it’s called, Act 22. Passed by the Legislative Assembly of Puerto Rico in 2012, Act 22 is intended…
Your Dream Deal Team “We have the tools, and we have the talent.” Winston Zeddemore – (quote from Ghostbusters) You have decided it is time to sell your business and you hear that you should have a deal team. So, “who you gonna’ call?” Do you think you can do it on your own or…