
How Tariffs Reach A Small Company's Margins, Even If It Never Imports
Duties are paid at the border by the importer of record, but the cost travels down the supply chain to businesses that have never filed a customs entry.

Duties are paid at the border by the importer of record, but the cost travels down the supply chain to businesses that have never filed a customs entry.

The wholesale price is only the start. Slotting, promotions, chargebacks, payment terms and returns decide whether a big retail account makes you money.

If you sell physical goods online, a federal rule governs your shipping promises, your delay notices and how fast you refund. Most founders have never read it.

Paying creators to talk about your product is an advertising deal with legal strings attached. Here is how to structure one and keep the disclosure right.

Every advertising pricing model is a bargain about who bears the risk that an ad does not work. Knowing which one you are signing changes how you buy.

The rent figure gets negotiated. The clauses that decide the real cost, from operating expenses to personal guarantees, often do not. Read these first.

Each option trades flexibility for cost and control. The right answer depends on your headcount forecast, your runway and how certain you are about both.

Profit is an accounting result. Cash is what pays the bills. The gap between them is a timing problem, and timing problems can be measured and managed.

Acquiring a running business can be faster than starting one. The diligence questions below separate a solid company from a seller's well-presented exit.

Both instruments postpone the valuation argument, but they treat time, debt and dilution very differently. How each one works and the clauses to read twice.

From the term sheet to the wire, a priced round converts old instruments, resizes the option pool and rewrites your charter. Here is the sequence and the traps.

Fees, carry, fund life and the math of returning a fund explain most investor behavior that founders find puzzling. A plain guide to the machine behind the check.

Liquidation preferences, anti-dilution, board seats and protective provisions decide who gets paid and who decides. What each clause does, and what diligence follows.

Without investors, cash timing is the business. The numbers to track, the money that only looks like yours and the levers that buy months of runway.

Owner draws, payroll salaries and the S corporation reasonable-compensation rule work very differently. How each works and how to avoid a surprise tax bill.

An accelerator deal is a financing with a valuation hidden inside it. How to calculate what you are really paying and the questions to ask before you sign.

Early-stage programs look alike from the outside but want very different things from founders. How each model makes money and the terms that reveal it.

How deal structure, the preference stack and retention packages decide where sale proceeds go, and why an acqui-hire can leave common holders with little.

Selling some of your shares before an exit is possible, but transfer restrictions, approval rights, valuation knock-on effects and tax rules shape every deal.

The invention assignment clause you signed on your first day may decide who owns your side project. Here is what to look for and how to protect yourself.

A state filing, a domain and a trademark are three different things. Founders who confuse them often end up renaming the business after they have built a brand.

A plain, consistent update is one of the cheapest tools a founder has. Here is a structure that builds trust and turns passive investors into useful ones.

A good startup board meeting is built in the week before it happens. The pre-read, the agenda, the minutes and the closed session all have jobs to do.

When one person holds every password, signature and relationship, a single illness can stop the business. A continuity file keeps it running without you.