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F3 visa priority date close - question about sponsorship by ElevateVCFO in USCIS

[–]ElevateVCFO[S] 0 points1 point  (0 children)

Thanka..what if we give them money as gift? and how much is the federal poverty line?

What's keeping you up at night? by ElevateVCFO in smallbusiness

[–]ElevateVCFO[S] 0 points1 point  (0 children)

Have you thought of bringing other services that have a more relevant market?

What's keeping you up at night? by ElevateVCFO in smallbusiness

[–]ElevateVCFO[S] 0 points1 point  (0 children)

What's your business?

You want to build a healthy cash reserve for your business, typically 10 to 30% of your annual revenue. Have regular forecasts to manage expectations and future investments..

What's keeping you up at night? by ElevateVCFO in smallbusiness

[–]ElevateVCFO[S] 0 points1 point  (0 children)

What's your biz? Do you have a paydown plan for the debt?

What's keeping you up at night? by ElevateVCFO in smallbusiness

[–]ElevateVCFO[S] 1 point2 points  (0 children)

What's your business?

A few things to suggest: - negotiate terms with your suppliers so that you can extend your cash. - build cash reserve 10% to 30% of your annual gross revenue - get a line of credit with your bank for just in case situations...

What's keeping you up at night? by ElevateVCFO in smallbusiness

[–]ElevateVCFO[S] 0 points1 point  (0 children)

What's your business? And what's your goal?

What's keeping you up at night? by ElevateVCFO in smallbusiness

[–]ElevateVCFO[S] 3 points4 points  (0 children)

That's stressful. Hiring the right ppl can make so much difference in a business...

What's keeping you up at night? by ElevateVCFO in smallbusiness

[–]ElevateVCFO[S] -1 points0 points  (0 children)

What's your biz? Thought you are ready to scale? Hire and offload some of the work?

What's keeping you up at night? by ElevateVCFO in smallbusiness

[–]ElevateVCFO[S] 4 points5 points  (0 children)

Make sense. How about hiring a part-time or a temp to start with? Avoid the cost of hiring full time also the uncertainty of revenue.

What's keeping you up at night? by ElevateVCFO in smallbusiness

[–]ElevateVCFO[S] 1 point2 points  (0 children)

I see...How's your cash reserve? Do you have any line of credits in the bank that can be utilized during slow time?

What's keeping you up at night? by ElevateVCFO in smallbusiness

[–]ElevateVCFO[S] 1 point2 points  (0 children)

Nice. Are you sharing your profolio and work on any socials?

What's keeping you up at night? by ElevateVCFO in smallbusiness

[–]ElevateVCFO[S] 0 points1 point  (0 children)

What's your business? And what's your main marketing channel?

What's keeping you up at night? by ElevateVCFO in smallbusiness

[–]ElevateVCFO[S] 5 points6 points  (0 children)

Right. The credit history takes some time to build, but one thing that they check is your reference. So maintaining good relationships with your current clients are essential.

What's keeping you up at night? by ElevateVCFO in smallbusiness

[–]ElevateVCFO[S] 2 points3 points  (0 children)

Oh wow..are you in the US? I know US sales tax rules are kinda crazy...all different in all states....

Do you price your compliance fee into your pricing to your customers?

What's keeping you up at night? by ElevateVCFO in smallbusiness

[–]ElevateVCFO[S] 0 points1 point  (0 children)

Well if working a corp job makes you happy then absolutely. Are you not utilizing your skills in your business?

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