Business Finance Solutions – 512-990-8756 http://bfs-usa.com Creating cash flow for businesses Thu, 01 Sep 2016 21:31:12 +0000 en-US hourly 1 Creating cash flow for businesses Business Finance Solutions – 512-990-8756 clean Creating cash flow for businesses Business Finance Solutions – 512-990-8756 http://bfs-usa.com/wp-content/plugins/powerpress/rss_default.jpg http://bfs-usa.com Balancing Equity and Debt with Oil and Gas Production Financing http://bfs-usa.com/balancing-equity-and-debt-oil-gas-production-financing/ http://bfs-usa.com/balancing-equity-and-debt-oil-gas-production-financing/#respond Wed, 31 Aug 2016 03:51:04 +0000 http://bfs-usa.com/?p=1858   Equity and Debt Financing for Existing Oil and Gas Production – A Hot Topic! The question is: To use equity or debt or a combination of the two? This question has the potential to bring a couple of oil and gas people to a...

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Equity and Debt Financing for Existing Oil and Gas Production – A Hot Topic!

The question is: To use equity or debt or a combination of the two? This question has the potential to bring a couple of oil and gas people to a fist-a-cuffs. People are that passionate about the topic.

Old timer E&P folks who weathered the 1983 downturn tend to be the most cautious. They remember the days when oil and gas companies went from owning private jets to liquidating everything. Many who made it through that painful period decided they would never owe a bank again.

Equity or debt financing for existing oil and gas production 512-990-8756


Determining a strategy on how to use equity and debt to finance existing oil and gas production is critical for the success of a small E&P company.

Then there are the folks that saw the price of oil go to $100 a Bbl. Who decided to borrow large sums of money against existing production to drill more wells to create more production and more profits.

Many of those companies using that strategy haven’t fared well. Oil and gas firms used senior debt borrowed from banks like Bank of Oklahoma and other banks like Bank of America, Wells Fargo, and J.P. Morgan Chase.

According to Haynes and Boone, LLP, a law firm that has a significant oil and gas practice, 90 oil companies have filed bankruptcy between January 1, 2015, and August 1, 2016.

Clearly, too much debt is bad, but can there be some balance between equity and debt financing of oil and gas production financing?

The Pros and Cons of an Equity Only Approach

If too much debt can sink an oil and gas exploration company, then can too much equity be bad also?

An equity only approach to financing oil and gas production primarily means the company is debt free. As the saying goes, he who provides the cash gets to make the rules and often gets to control the enterprise. Growing rapidly and keeping more in founders’ pockets means using some senior or mezzanine debt.

Using equity only is the safest approach for financing a company in a cyclical industry, but it can make it hard to grow while keeping a bigger piece of the pie.

Mixing Equity and Debt – A Reasonable Compromise?

Some successful companies have found having a mixture of equity and debt is a good middle ground. Whether their safe ratio is 60% equity / 40% debt or higher, they have balanced their downside risk while keeping a bigger share of the enterprise.

Senior or subordinated debt lenders offer lower rates when a company is not highly leveraged. At the same time, equity shareholders get to see a higher yield on their investments because of adding a reasonable amount of debt.

This approach is least risky when the price of a commodity like WTI is at or near the bottom of its price range.

Business Finance Solutions has an answer to your oil and gas production financing needs whether you want to use straight equity, senior or subordinated debt, or a combination of both.
Call us for more information! 512.990.8756.

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Port of Houston Ready for Bigger Panama Canal http://bfs-usa.com/port-houston-ready-for-bigger-panama-canal/ http://bfs-usa.com/port-houston-ready-for-bigger-panama-canal/#respond Mon, 22 Aug 2016 14:17:53 +0000 http://bfs-usa.com/?p=1770 Port of Houston – A Top U.S. Port The Port of Houston is a top United States port of entry for ocean shipping. The port handles containers full of consumer goods meant for U.S. consumption and petrochemical based raw plastic headed back to the Far East...

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Port of Houston – A Top U.S. Port

The Port of Houston is a top United States port of entry for ocean shipping. The port handles containers full of consumer goods meant for U.S. consumption and petrochemical based raw plastic headed back to the Far East to be made into consumer products.

The Port of Houston is a major reason Texas’ economic engine when it comes to import and export activities.

New Panama Canal Expansion Opens – 2016

In the early summer of 2016, the much-anticipated opening of the new expanded Panama Canal began accepting ship traffic. The old Panama Canal could only handle ships up to 106 feet wide and 965 feet long. When it was finished in the early 1900s, nearly all ships could pass through the three sets of locks.

The new Panama Canal can handle ships up to 160 feet wide and 1,200 feet long. Many times the size of the old canal.

The new Panama Canal can handle ships up to 160 feet wide and 1,200 feet long. Many times the size of the old canal.

Today’s ships are considerably wider and longer than the old canal design and consequently have to take a 10-day detour around the tip of South America if they are moving back and forth between the US and the Far East.

The newly expanded Panama Canal can handle larger ships (called Post-Panamax) up to 160 feet wide and 1,200 feet long, nearly all merchant ships that are operating today.

West Coast Ports Will Loose Ship Traffic

Before the expansion of the canal, many container ships used Los Angeles and Long Beach ports to unload their containers bound for the Central and East Coasts. The offloaded containers moved by rail to Houston where they offloaded to trucks for their trips to final destinations.

The least expensive way to move goods to and from the Far East is through the newly widened and deepened Panama Canal, so Ports like Long Beach and Los Angeles will likely lose ship traffic and

The Port of Houston will gain ship traffic because it will be faster and cheaper than the current method. The Port of Houston expects to see significant increases in its traffic beginning in 2017.

The Port of Houston Upgrades

New container handling cranes at the Port of Houston designed to load and unload many times the number of containers that are moving through The Port of Houston today

New container handling cranes at the Port of Houston designed to load and unload many times the number of containers that are moving through The Port of Houston today

To get ready for the growth in ship traffic, the Port of Houston has spent over $700 million to deepen some of its channels, install additional container handling equipment, and other improvements to speed the unloading and loading of container ships.

The Port of Houston plans to spend a total of $1 billion in infrastructure improvements to handle the much larger ships it expects to receive as a result of the Panama Canal expansion.

The Port of Houston Feeds Texas Small and Middle Market Businesses

The Port of Houston is the #1 port in the U.S. for incoming and outgoing tonnage. The money generated in outgoing exports brings enormous benefits to Texas small and middle-market businesses.

2015 Statistics

  • Over $250 billion exported from Texas in 2015
  • Since 2011, the U.S. Export-Import Bank has financed $23 billion in exports from 1287 companies in 148 communities in Texas.
  • Texas gross state product for 2015 was over $1.6 trillion. Much of it was exported by ship through the Port of Houston.

Small and middle-market businesses benefit greatly from The Port of Houston’s activity, both directly and indirectly.

If you are a company that is growing because of, or in anticipation of the increase in ship traffic in The Port of Houston, call us at 512.990.8756. We can help you finance your growth.

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Drones for hire: Business applications for new technology http://bfs-usa.com/drones-for-hire-commercial-photography-and-business-applications/ http://bfs-usa.com/drones-for-hire-commercial-photography-and-business-applications/#respond Sat, 20 Aug 2016 19:37:28 +0000 http://bfs-usa.com/?p=1796 Drones aren’t just for sci-fi movies anymore!   Drones for business applications Unmanned Aircraft Systems aka drones, have significant commercial photography and business applications for tourism, films, real estate development and agriculture. Camera Wings, an Austin based company is providing aerial photography for universities, governments, and...

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Drones aren’t just for sci-fi movies anymore!

 

Drones for business applications

Unmanned Aircraft Systems aka drones, have significant commercial photography and business applications for tourism, films, real estate development and agriculture. Camera Wings, an Austin based company is providing aerial photography for universities, governments, and businesses, and will show us how this technology is evolving as a business tool. Our guest speaker will also share some of the operating rules for the use of drones for commercial photography and for private recreational use.

Drones for commercial photography

Join us for our monthly Meetup and a detailed discussion on how Drones are being used for commercial photography and other business application,  to gather and document key data for businesses – and fun.

  • Architecture – View the skylines of major cities like Boston, Denver and Seattle
  • 3D Mapping – Document beaches, islands, rivers and delicate environments
  • Cinematography – Capture unique photography angles for action flicks to documentaries on the History Channel
  • Commercial Real Estate – Survey tracts of land and monitor construction phases

 

Our Guest Speaker:

Robert Youens

CEO, Camera Wings

Robert Youens, Camera Wings

An engineer by training, Robert has been focused on unmanned aircraft systems (UAS) aka Drones for the past 8 years. His fascination in advance flight control and digital aerial mapping has led him to be one of Austin’s foremost experts in drones for commercial applications. At Camera Wings, he has assembled a world class team of experts including flight system designers, a leading Defense Department imaging expert, computing specialists, cinematographers, and video editors, to provide aerial photography and mapping services for film, TV, and businesses around the country.

Robert has an engineering degree from Texas A&M and a Business degree for The University of Texas. He lives in North Austin when not traveling for business or pleasure.
 

FREE MEETUP
(Lunch is on your own)
Thursday, August 25, 2016 – 11:30a-1:00p
Sherlock’s Baker Street Pub
9012 Research Blvd, Austin, TX 78758
RSVPhttps://www.meetup.com/Austin-Small-Business-Gorilla-Operations-and-Finance-Jungle/events/233316559/

The Austin Small Business Gorilla Operations and Gorilla Finance group has been meeting for six years. Many of our members are original to the group, and each week we welcome newcomers. Our goal is to provide business owners with free business education that they can immediate use in the operations of their businesses. In exchange we learn from great local experts and build a strong business network for our members.

Be sure to actually “join” our Meetup, by registering on the site and completing your profile. Each month you will receive an email notice announcing the topic for the month. Stop by for those meetings that interest you and let us know if you have any suggestions on topics or speakers. It’s free to join.

Register today!  Invite an entrepreneur and reserve your seats today.


Francoise Luca, Chief Marketing Officer, Business Finance Solutions, is co-organizer of the Austin Small Business Operations and Gorilla Finance Group.

 

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How to double your business without doubling your costs, time, or stress http://bfs-usa.com/double-business-without-doubling-costs-time-stress/ Fri, 15 Apr 2016 04:30:52 +0000 http://bfs-usa.com/?p=1751 Ready to double your business? Would you like to double your business – and do it without doubling your costs, time, or stress?   If doubling your business seems daunting or impossible, check out this free talk by Reuben Swartz, that will show you how...

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Ready to double your business? Would you like to double your business – and do it without doubling your costs, time, or stress?  

If doubling your business seems daunting or impossible, check out this free talk by Reuben Swartz, that will show you how you can achieve great results without killing yourself.

Reuben Swartz, Mimiran

“I originally started consulting because I was really good at helping companies solve certain kinds of problems that they had trouble solving themselves. Like a lot of people who start consulting companies, I didn’t put nearly as much thought into growing my own business as I did helping my customers grow theirs. So, I had to learn things the hard way”, said Reuben.

Join us to hear Reuben tell us about his top 5 or so key learning moments like:

  • Thinking about technical problems, business problems, and growing a business
  • Selling for engineers
  • How NOT to write proposals
  • Automating the right things
  • Getting beyond commoditization (and more than tripling my rates)
  • Growing beyond feast-or-famine

 

Reuben Swartz, Founder of Mimiran (and SalesForNerds), spent more than a decade helping companies like GE, Dell, Nike, and others sell better. With more irony than an Alanis Morissette song, he was pretty terrible at selling his own services, relying on word-of-mouth. With the arrival of his twins, he started building the software he wished he’d had to help services companies sell.

(Check out his software at mimiran.com.) Reuben has presented well-received talks on sales around Austin and for the Professional Pricing Society. Mimiran won the Innovation and Technology Award for Small Business from the Austin Chamber of Commerce in 2015.

FREE MEETUP
(Lunch is on your own)
Thursday, April 28, 2016 – 11:30a-1:00p
Sherlock’s Baker Street Pub
9012 Research Blvd, Austin, TX 78758
RSVPhttp://www.meetup.com/Austin-Small-Business-Gorilla-Operations-and-Finance-Jungle/events/230390069/

The Austin Small Business Gorilla Operations and Gorilla Finance group has been meeting for six years. Many of our members are original to the group, and each week we welcome newcomers. Our goal is to provide business owners with free business education that they can immediate use in the operations of their businesses. In exchange we learn from great local experts and build a strong business network for our members.

Be sure to actually “join” our Meetup, by registering on the site and completing your profile. Each month you will receive an email notice announcing the topic for the month. Stop by for those meetings that interest you and let us know if you have any suggestions on topics or speakers. It’s free to join.

Register today!


Francoise Luca, Chief Marketing Officer, Business Finance Solutions, is co-organizer of the Austin Small Business Operations and Gorilla Finance Group.


 

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Business Snapshot Tool Available for Download http://bfs-usa.com/business-snapshot-tool/ Wed, 27 Jan 2016 18:02:47 +0000 http://bfs-usa.com/?p=1608 Business Snapshot Tool – Excellent way to help you plan your strategic and tactical edge for the new year. Business Finance Solutions’ Business Snapshot Tool is designed to help business owners and entrepreneurs conduct a self-assessment of the strengths and weaknesses of their business. Business Finance...

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Business Snapshot Tool – Excellent way to help you plan your strategic and tactical edge for the new year.

Business Finance Solutions’ Business Snapshot Tool is designed to help business owners and entrepreneurs conduct a self-assessment of the strengths and weaknesses of their business.

Use the Business Snapshot Tool to help you assess your business enterprise strengths and weaknesses.

Use the Business Snapshot Tool to help you assess your business enterprise strengths and weaknesses.

Business Finance Solutions helps small and lower middle-market businesses obtain working capital and private equity to grow. During our decades of combined experience in finance, marketing, management, sales, and business education, we have learned the score your enterprise receives on this self-assessment is a good predictor of your potential for the ability to attract outside investment as well as overall sustained success.

The tool asks both strategic and tactical questions about how you view and operate your business.

The Business Snapshot Tool is made of four sections:

Part 1: Enterprise Management

This section asks you to examine your business practices, processes, accounting and financial strength, and ability to adapt to changing marketplace. Your management team provides the strength and backbone of your enterprise.

Part 2: Business problem your enterprise solves or is going to solves

All business enterprises are created to meet demand in their market. We call this demand the business problem your business solves or in the case of start-up businesses, plans to solve. Having a solid knowledge and vision of the challenges your business will help solve is critical to understanding the best way to meet your market’s demand.

Part 3: Your solution to the business problem

Experienced airplane pilots plan their flight plan before starting a cross country trip. They design a route that will get them there with a minimum amount of risk, on time, and with the appropriate resources employed. As they make their way across the country, they evaluate new data that develops during their trip. They may have to navigate around turbulence, avoid storms, or take advantage of following winds to get to their destination using less fuel. Think of your solution to the business problem you are solving as an aircraft pilot might think about carrying a plane across the United States. This is your short, medium and long-term solution to the business problem.

Part 4: Enterprise performance return on investment (ROI)

If your business is a for-profit business, then you should have a measurable goal for obtaining a return on your investment of time and money. There are many ways to measure return on investment. Different kinds of companies might use different measurements of success. The important consideration is that your enterprise decides which measurement metrics best help you manage your business for profitable growth.

Questions are not ordered in any priority, and not all questions apply to every business. If a question doesn’t apply to your company, put a large X in the scoring blank for that question. This way your average score will not be affected by those questions that don’t apply to you.

Business Snapshot Tool – Business Finance Solutions (lite version download)

If you would like to know more about the Business Snapshot Tool or want to discuss having us help you conduct a comprehensive interactive evaluation of your business, please use our contact form or call us. 512.990.8756.

 

 

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Using our Business Snapshot Tool For A Stronger Business http://bfs-usa.com/business-snapshot-tool-helps-evaluate-overall-strength/ Sun, 17 Jan 2016 19:13:23 +0000 http://bfs-usa.com/?p=1560 “Having a snapshot of where your business is, can help you get to where you are going.” Periodically using the Business Snapshot Tool ™ will help your business sustain profitable growth. This concept is not a new business concept; however, it is often overlooked practice...

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“Having a snapshot of where your business is, can help you get to where you are going.”

Business Finance Solutions can help you identify your company's weaknesses using the Business Snapshot Tool.

Business Finance Solutions can help you identify your company’s weaknesses using the Business Snapshot Tool.

Periodically using the Business Snapshot Tool ™ will help your business sustain profitable growth.

This concept is not a new business concept; however, it is often overlooked practice among owners of rapidly growing businesses.

The beginning of the year is a traditional time to access your condition, make resolutions and commit to new and healthier practices.  It should also be a time to reevaluate your business’ health and your marketplace opportunities.

Periodic business assessments are essential to the well-being of a company. Understanding the economic and operational drivers within your company can mean the difference between success and failure.  Business Finance Solutions has developed a tool that helps owners of small to mid-sized businesses assess their strengths and weaknesses in four key areas. Using our Business Snapshot tool™ an owner can evaluate the current condition of his business and help identify areas that need improvement.

How to use the Business Snapshot Tool to Analyze your business’ strengths and weaknesses

Our easy to use business assessment tool reviews four of the most important characteristics of your business.

The four broad areas of your that are addressed in the Business Snapshot Tool are:

  • Your company’s management strengths and weaknesses
  • The business problem being solved
  • Your company’s solution to the business problem being solved
  • Financial performance and measurement
Sam Thacker is a co-owner of Business Finance Solutions and the author of Business Snapshot Tool.

Sam Thacker, President, Business Finance Solutions

Although this list may seem fundamental to some, there are key indicators within each section that determine the exact condition of your business.  Sam Thacker, co-owner of Business Finance Solutions with 30+ years of business improvement and banking experience will review these areas with our guests at our monthly Meetup on Thursday, January 28, 2016.

 

FREE MEETUP
(Lunch is on your own)
Thursday, January 28, 2016 – 11:30a-1:00p

Sherlock’s Baker Street Pub
9012 Research Blvd, Austin, TX 78758

RSVP: at: Austin Small Business Gorilla Operations and Finance Jungle

During this hour-long presentation, Sam will help you fill out your own Business Snapshot Tool, the areas it addresses, why these are important, and how to score your business using the tool. All attendees will receive a copy of the tool to work along and to use later with their management teams. After the meetup, Sam will be available for individual questions, or you can make an appointment for free consultation at a more convenient time.

Business Finance Solutions is committed to providing continued support and educate our clients and business network. One of the tools we use to help you is the Business Snapshot Tool. We hope you will attend this presentation and take away some insight on how to grow your business and make it stronger. We realize that not all of our 800+ Meetup members will be able to join us on January 28, 2016, so we have decided to offer a free online version (webinar) of this material.

If you would like to attend our free webinars on: How to Analyze your business’ strengths and weakness, please email us directly at info (at) bfs-usa.com of call us at 512-990-8756.


 

The Austin Small Business Gorilla Operations and Gorilla Finance group has been meeting for over six years. Many of our members are original to the group, and each week we welcome newcomers. Our goal is to provide business owners with free business education that they can immediate use in the operations of their businesses. In exchange, we learn from great local experts and build a strong business network for our members.

Be sure to actually “join” our Meetup, by registering on the site and completing your profile. Each month you will receive an email notice announcing the topic for the month. Stop by for those meetings that interest you and let us know if you have any suggestions on topics or speakers. It’s free to join.

Register today and invite a fellow business owner or entrepreneur.

 

Meet-up Agenda
11:30 – Noon –  Networking
12:00n – 12:45p – Presentation
12:45p – 1:00p – Group Q&A
1:00p-1:30p – one-on-one Q&A


 

Francoise Luca, Chief Marketing Officer, Business Finance Solutions, is co-organizer of the Austin Small Business Operations and Gorilla Finance Group.


 

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Financing Management Buyouts http://bfs-usa.com/financing-management-buyouts/ Mon, 23 Nov 2015 13:22:55 +0000 http://bfs-usa.com/?p=1549 Financing management buyouts requires a certain amount of strategy and knowledge of how to leverage a company’s current and long-term assets. Business Finance Solutions has experience using a variety of financing methods for assisting management of small business land lower middle-market companies successfully acquire their...

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Financing management buyouts requires a certain amount of strategy and knowledge of how to leverage a company’s current and long-term assets. Business Finance Solutions has experience using a variety of financing methods for assisting management of small business land lower middle-market companies successfully acquire their businesses.

Financing Management Buyouts for Small Businesses

For businesses with annual gross revenues less than $5 million, financing small business management buyouts can be more challenging than much larger companies. Private equity is generally not available at for that small sized business, but other more traditional financing methods are.

Using a small capital stack of the management’s personal resources, bank or commercial debt, and a small amount of owner financing is all that is necessary to effect the ownership change. The key to a safe, cost effective management buyout is having at least 20% of the total cost of the buyout in cash between the management team members available for the purchase. When less cash is available for initial equity, it may be necessary to use commercial asset-based finance methods rather than bank financing. For example, if the sale price is $2.5 million, having $500,000 in cash to inject into the total purchase price will greatly enhance chances for traditional bank debt. If 20% of the total transaction isn’t available in cash, leveraging substantial assets like machinery, real estate, and large equipment can be used to collateralize a commercial finance loan.

Financing Management Buyouts for Lower-Middle Market Companies

Wholesale distributors that have substantial amounts of inventory can often use the value of the inventory and accounts receivable to finance management buyouts

Wholesale distributors that have substantial amounts of inventory can often use the value of the inventory and accounts receivable as collateral to finance management buyouts

Companies that have between $5 million and $50 million in annual revenues are the sweet spot for financing management buyouts. Companies of this size are big enough to get the attention of SBICs and private equity funds that are interested in investing in companies that can grow to the next level with the right management team.

Like small businesses, having some personal cash assets to use for the management buyout will help keep the amount of equity given to the financing source to a minimum. In the last few years, though, some private equity funds have begun employing a strategy to “waterfall” their equity stake downwards as they earn back their investment. It isn’t unusual in today’s financing environment to have a transaction where the private equity fund may start year one with 60% to 80% of the company’s capital, but by year five, have no stake in the enterprise. The more EBITDA the company has in the two years before the beginning of the buyout, into the management buyout; the less initial investment the private equity fund is likely to require.

Structuring The Management Buyout Financing Method

Since most management teams that begin a management buyout don’t have prior experience engaging in management buyouts, it pays to engage a team dedicated to assist the acquisition team structure the transaction with the lowest risk and highest chance of reward. Business Finance Solutions has been using multiple types of company assets assisting management teams in buying out their employer. In nearly all cases, our fee is recovered in reduced costs and less risk to the buyout group.

Write or call Sam Thacker at 512.990.8756 today to discuss your company’s management buyout opportunity.

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Intellectual Property Strategies for Entrepreneurs http://bfs-usa.com/intellectual-property-strategies-for-entrepreneurs/ Wed, 16 Sep 2015 02:04:21 +0000 http://bfs-usa.com/?p=1536 One of the most common fears of inventors and entrepreneurs is that their product designs will be stolen. Inventors, designers and entrepreneurs struggle with how to share their product designs and processes with business partners, yet protect their intellectual property from competitors and unscrupulous vendors....

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One of the most common fears of inventors and entrepreneurs is that their product designs will be stolen. Inventors, designers and entrepreneurs struggle with how to share their product designs and processes with business partners, yet protect their intellectual property from competitors and unscrupulous vendors.

This month’s Meetup topic is an overview on how entrepreneurs can protect their intellectual property during the development and commercialization phase of their businesses. Our expert guest speaker, will give us an overview of  intellectual property strategies for entrepreneurs and small business owners. Whether you are an inventor, or software programmer, or a foodie with a new salsa, this free seminar will be worth your time.

Austin Small Business Gorilla Operations and Finance Meetup host IP attorney for a seminar called: Protect your Innovations: Intellectual Property Strategies for Entrepreneurs.

Austin lawyer Andrew Eisenberg, will share an overview on trademarks, copyrights, patents, and other strategies to protect your inventions, designs, and formulations. He will guide us through some of the most useful strategies and debunk some common myths about the patent process.

Our September 2015 meetup will cover topics like:

  • What types of intellectual properties should you protect
  • What are trademarks and copyrights
  • When to use Copyrights vs trademarks
  • The patent process

 

Andrew_Eisenberg, Austin, TX

About Andrew Eisenberg
Andrew is a partner and patent attorney with Lee & Hayes, as well as a former General Counsel and programmer. Andrew is a named inventor on three issued patents and is primarily engaged in the development of strategic IP portfolios. Andrew has been featured as a guest speaker on the radio broadcast the Struggling Entrepreneur, a guest expert on the television series Austin Business Matters, and a guest columnist with the Austin Business Journal.

Today, Andrew particularly enjoys working with startup companies and, due to his time as General Counsel, is able to provide clients with unique insights regarding the legal challenges associated with starting a business. Andrew also volunteers as a mentor with the First Looks Forum sponsored by the Texas Entrepreneurs Network, co-founded a presentation series called First Success to help small businesses achieve a first business success and has founded a legal presentation series called Startup Law Austin for inventors and entrepreneurs.

FREE MEETUP
(Lunch is on your own)
Thursday, September 24, 2015 – 11:30a-1:00p
Sherlock’s Baker Street Pub
9012 Research Blvd, Austin, TX 78758
RSVP: at: Austin Small Business Gorilla Operations and Finance Jungle

The Austin Small Business Gorilla Operations and Gorilla Finance group has been meeting for over six years. Many of our members are original to the group, and each week we welcome newcomers. Our goal is to provide business owners with free business education that they can immediate use in the operations of their businesses. In exchange we learn from great local experts and build a strong business network for our members.

Be sure to actually “join” our Meetup, by registering on the site and completing your profile. Each month you will receive an email notice announcing the topic for the month. Stop by for those meetings that interest you and let us know if you have any suggestions on topics or speakers. It’s free to join.

Register today and invite a fellow inventor or entrepreneur.

Meet-up Agenda
11:30 – noon –  Networking
12:00n – 12:45p – Presentation
12:45p – 1:00p – Q&A


Francoise Luca, Chief Marketing Officer, Business Finance Solutions, is co-organizer of the Austin Small Business Operations and Gorilla Finance Group.

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1st Looks Business Mentoring Program http://bfs-usa.com/1st-looks-business-mentoring-program/ Tue, 08 Sep 2015 04:08:27 +0000 http://bfs-usa.com/?p=1527 The 1st Looks Mentoring program from Austin’s Business Success Center will visit San Marcos this week. The program offers pre-startups and early stage companies an opportunity to chat with experts in law, accounting, finance, marketing, sales, social media and other key operational areas for free....

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The 1st Looks Mentoring program from Austin’s Business Success Center will visit San Marcos this week. The program offers pre-startups and early stage companies an opportunity to chat with experts in law, accounting, finance, marketing, sales, social media and other key operational areas for free. In a “speed dating” type format, entrepreneurs get one on one time with mentors to ask questions and get free advice.

Lower middle market companies need a team of trusted advisers whether they are in-house or consultants from outside the business.

If you are looking to move your business ahead, check out this special business mentoring program on Sept. 10 in San Marcos, Texas.  The Business Success Center in cooperation with the Greater San Marcos Partnership, will present the 1st Looks Mentoring program from 1-4 p.m. in San Marcos.

1st Looks Mentors available for this special event will be:

MENTORS:

 

How to apply for the 1st Looks Mentoring Program:

  • Submit it to marsha@ownersview.com no later than September 8
    (The earlier you submit, the better your chance to be one of the 6 selected)
  • You will be contacted by September 9 if you have been selected.

ONLY 6 companies will get to talk about their business goals and concerns for free with these business experts.

What?   Where?   When?   How?

1st Looks Free Mentoring Program
September 10 • 1 – 4 PM
Community Room, Central Texas Medical Center
1301 Wonder World Dr., San Marcos, TX

Brought to you by: Business Success Center | Austin TX

 

In cooperation with:

San Marcos PartnershipCan’t make it to San Marcos?  No worries, the 1st Looks Business Mentoring program is held every month in Austin, Texas.  Simply fill out an application and submit it before the 10th of the month to be considered for the program.  The 1st Look Mentoring program is free and offers business owners an opportunity to validate their business concepts and ask key questions to our business expert mentors.

This unique Austin business program has helped hundreds of local business owners navigate the perils of growing their businesses. The Business Success Center also offers networking and other free resources to small business owners, as well its ongoing business mentoring program. For more information visit: www.ownersview.com

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Speed Pitch Practice Session http://bfs-usa.com/speed-pitch-practice-session/ Tue, 18 Aug 2015 03:36:23 +0000 http://bfs-usa.com/?p=1503 Most business owners and professionals know they need an elevator pitch, to promote their business.  The challenge is creating a compelling story about your company’s products and services and delivering it in less than a minute.  It sounds easy, but it can be very difficult...

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Most business owners and professionals know they need an elevator pitch, to promote their business.  The challenge is creating a compelling story about your company’s products and services and delivering it in less than a minute.  It sounds easy, but it can be very difficult to distill your company’s capabilities into a concise and interesting message.  This month, our “Gorilla Meetup” will give 15 business owners an opportunity to practice delivering their speed pitches to a friendly crowd.

speed-pitch-practiceOn Thursday, August 27, 2015 our Meetup will host a Speed Pitch forum. This will be a great opportunity to tell your story in one minute or less. Join us for this showcase of local companies, learn about their businesses (and partnership opportunities) and network with other business professionals.

Fifteen companies will have one minute to tell us about their products and services during the speed pitch portion of the meeting. Speed pitchers will also tell us what they are looking for in business partners or customers.  Then immediately after the elevator speeches, we will host an open meeting for one on one questions and networking with presenting companies.

To participate in the speech pitch portion of the meeting, you must register your company by sending us an email to: info @ bfs-usa.com. In the email tell us:

  • your company name
  • what your company does
  • who you are (include our phone number)

 

Speed pitch competitions have become a popular format in the funding world of entrepreneurs and start-ups. Shark Tank and other shows make it look easy to present your company’s value to investors or buyers in a few moments. However, it is not as easy as you think.

Here is your chance to practice your elevator speech and get immediate feedback. It is also a great opportunity to meet local business owners to partner with or find unique products and services to support your business growth.

This will be an exciting Meetup. Be sure to invite your colleagues to cheer you on and give you feedback.

FREE MEETUP
(Lunch is on your own)
Thursday, August 27, 2015 – 11:30a-1:00p
Sherlock’s Baker Street Pub
9012 Research Blvd, Austin, TX 78758
RSVP: http://www.meetup.com/Austin-Small-Business-Gorilla-Operations-and-Finance-Jungle/events/224057214/

The Austin Small Business Gorilla Operations and Gorilla Finance group has been meeting for six years. Many of our members are original to the group, and each week we welcome newcomers. Our goal is to provide business owners with free business education that they can immediate use in the operations of their businesses. In exchange we learn from great local experts and build a strong business network for our members.

Be sure to actually “join” our Meetup, by registering on the site and completing your profile. Each month you will receive an email notice announcing the topic for the month. Stop by for those meetings that interest you and let us know if you have any suggestions on topics or speakers. It’s free to join.

Register today!


Francoise Luca, Chief Marketing Officer, Business Finance Solutions, is co-organizer of the Austin Small Business Operations and Gorilla Finance Group.

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