Title: This Presentation is Brought to You By
1This Presentation is Brought to You By
2Who is this Character?
Who is this Character? his Bona fides?
3No paychecks No salary No unemployment checks No
regular or steady income no boss
1996 to 2007
4ASNE, RTNDA, NAA, EP, Folio, RTND, NAB,
Folio Comdex Publishing program chairman
Seybold Publishing Strategies Conference Beyond
the Printed Word (WAN, Ifra, FIPP)
5th Generation Newspaperman 3 Dailies as
reporter Man. editor, G.M., Publisher 15
Years as UPI andReuters News Executive
News Corp. Director of New
Media
ProfessorSenior consultanton New
Media Syracuse University
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9Sole Proprietorship Partnership Corporation Sub-S
Corporation Not-for-Profit Company Limited
Liability Partnership Limited Liability
Corporation
10Sole Proprietorship
You Control Everything You Risk Everything All
Expenses are Personal All Profits are Personally
Taxable
11Partnership
You Might Jointly Control Everything You Might
Jointly Risk Everything All Expenses are Jointly
Personal All Profits are Personally Taxable
12Corporation
Corporate Governance of the Company Limited
Liability Corporate Expenses Corporate Taxes, not
Personal Taxes
13Subsection S Corporation
Corporate Governance of the Company Limited
Liability Corporate Expenses All Taxes Are
Personal
14Not for Profit Company
Corporate Governance with Strict
Regulations Limited Liability Corporate
Expenses No Profit No Taxes
15Limited Liability Company Limited Liability
Partnership
Limited Liability Corporate Expenses All Profits
are Personally Taxable
16Who Controls the Funds? Who Gets the
Profits?How? (Shares? Percentages?)When? Who
Fronts Expenses?
17How Well Do You Work Together?
Who Does What Work? Who Does Work? Who Can
Leave? Who Can Die?
18Hiring Firing? Benefits? Withholdings
Social Security? Liability Insurance?
19Vendor Negotiations Contracts
How Well Can You Negotiate? Know Contract
Language?you arethe fine print
20Budgets
Financial Planning Contingency Planning
21Know Where You Are
Financial Statements are actually Maps Snapshots
of progress direction
22Vin Crosbie Digital Deliverance
LLC crosbie_at_well.com or vin_at_digitaldeliverance.com