Advance cash instant quickly
Money now! Instant legal documents to raise some fast cash - software - evaluation
Money Now! WILL YOU SUCCEED AT RAISING money for your business? One of these two software programs could be vital to your efforts.
Before the window of opportunity closes, you'd like to get moving fast. But you'll need to file legal documents. Ordinarily, that means spending a lot of time with a lawyer.
When you, as an entrepreneur, take someone's capital, you must sign one bulky legal document or other that will protect the investor's funds. It would be nice if the document secured your interests as well, wouldn't it? It would be even nicer if your protection were legally unassailable. And it would be so nice if it all happened fast. That's where the programs, Partners LTD and P.P. Memo, come in.
* PARTNERS LTD. lets you instantly draft an ironclad limited partnership agreement.
* P.P MEMO gives you the framework for effortlessly creating private placement stock issues.
P.P. Memo is designed to cemenet agreements when you're seeking under $1 million; but if you get lucky and land more investment than that, it can be modified accordingly. Partners LTD has no built-in limits.
All too often, as entrepreneurs, we rely completely on lawyers. The process takes a long time and is painfully expensive. Now, thanks to programs like these, we can stop the bleeding. Or slow it down, anyway; you'll need a lawyer to review your work. But you're starting off with thousands of dollars' worth of legal expertise in draft form. You'll know the shape of what you need, and how you'll go about building it. At last, you're putting yourself in charge.
Both P.P. Memo and Partners LTD consist of templates or general forms that you customize according to your own business. They don't just let you seal an agreement already made; they help you think. Before you even look for capital, you'll fill in the data the forms require, and get a clear idea of what prospects need to know.
And there's more. Finished, ready-to-fly contracts are good promotion. Once you have these babies in hand, any potential investor can see you have your act together.
The best news is that these programs are a snap to use. Drop them into any word-processing and spreadsheet program. Work your way through each document, deleting sections that don't apply and spelling out your parameters: the state in which the deal will be made; how much money you want to raise; the size of a share or unit of the entity that results.
Of course, once you type in a name or a number, a search-and-replace function swiftly fills in the information wherever it's needed.
Partners LTD qualifies the potential participants in your partnership: It spells out the risks, describes the management, delineates potential conflicts of interest, specifies the use of the proceeds of the offering, details the tax considerations, and spells out (as much as possible) the pitfalls. You wind up with a restated form of your basic agreement, with numbered paragraphs and a table of contents. This lets you check quickly which party is agreeing to what, heading off disputes.
The Partners package has all the ancillary forms you'll need, with the background to help you understand them: powers of attorney; endorsement of advisers to the subscribers; the subscription application; the purchaser's questionnaire.
You also get two more documents that are worth the price of the entire program by themselves: 1) A financial projections spreadsheet, where you can drop in capital requirements, expenses, unit sizes, taxes, ownership percentages, partnership fees, potential proceeds, the works; 2) A buy/sell arrangement that lets you decide in advance how you and your partners will split up, should that day arise.
P.P. Memo is basically the same story, with templates you customize to your purposes: balance sheet, pro-forma income statement, offering circular, filing forms, subscription agreement, and investment letter.
I recommend these two products even to those who don't own a computer: The documentation for them is so thorough, it offers you a business education in itself.
The company that turns out these products, Jian, is one of the most accessible and helpful I've encountered. The programs come in both PC and Macintosh versions: in my humble opinion, they represent a great leap forward in empowering the entrepreneur.
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