Startup Tips and Tricks: Getting a Small IT Shop Off the Ground by Kevin Grossnicklaus Agenda • Introductions • Lot’s of content • Final Thoughts Introductions • Kevin Grossnicklaus – ArchitectNow- www.architectnow.net (2009-Present) • President – Washington University - CAIT Program (2003-2010) • Instructor – SSE - www.SSEinc.com (1999-2009) • Chief Architect • Software Development Practice Leader • Email: kvgros@architectnow.net • Twitter: @kvgros • Blog: www.architectnow.net/blog EXPECTATIONS Expectations • • • • Why am I here? How deep are we going to get? Will this pertain to my exact business? What types of businesses might this information be most pertinent to? GETTING STARTED First Steps • Naming • Incorporation – State Incorporation – FEIN (IRS Form SS-4) • Bank Account • Securing: – Domain Name – Twitter Handle – Initial Web Presence Identifying Partners • • • • • • • Banking Legal Accounting Health Insurance Liability Insurance Mentors Partners Banking • Local vs. National Bankers – Advantages of staying local as a small business • Financing Needs? – Debt financing (loans) – Equity financing (investors) • Simple Checking Account – FEIN required • Apps/Technology Legal • Identify local small business attorneys and meet with a number of them • Why is legal necessary? – Contracts – Protection • Biggest Legal Needs – – – – – Employee and Contractor Agreements Trademark (and Patent?) Help Partnership Documents Master Agreements Work Orders Accounting • Identify local small business accounting firms and meet with a number of them • Why is accounting necessary? – Questions – Ongoing Accounting Help – QB Support – Corporate Taxes – Help in securing financing • TAXES! Health Insurance • Insurance options differ greatly between a company with one employee vs a company with multiple • Find a good insurance broker willing explain your options • Be prepared to pay Liability Insurance • Health insurance brokers and liability insurance brokers are two different people, companies, etc. • You WILL need liability insurance • E&O insurance Mentors • Identify people in your peer group you look up to that have had success in similar businesses or just businesses in general • Reach out to them via a lunch or happy hour and ask questions, get advice, and start to build a relationship to get further guidance Partners • Partners are companies for whom you rely on for business or to achieve the goals of your business. Marketing • Brand and Logo – Don’t be afraid to invest in your identity • Initial Website • Community Events – Speak and sponsor – Make your presence felt in the market • • • • Networking Events SEO Social media Relationships Crowdsourcing • www.CrowdSpring.com • www.99Designs.com Sales • • • • Contracts Billing Receivables Reporting Location • Home Office • Physical Office • Onsite at Clients TOOLS AND TECHNOLOGIES Tools Overview • • • • • • • • Email Phones Website Computers Collaboration Development Tools Accounting Misc: – ALM – Time Entry Email • Hosted Exchange: SherWeb ($9/Month per user) – Secure access to full Exchange 2010 – OWA – Direct Outlook access – Mobile access via mobile devices • Other Options: – Office365 – Google Phones • RingCentral ($99/Month for 5 lines plus cost of IP phones) – – – – – Custom 800 numbers Fax System Automated attendant Custom voice mail and extensions for all employees IP Phones, soft phones, mobile apps (iPhone, Android, and Blackberry) – Voicemail to WAV file via email Website • DNS management • CMS Systems – – – – – WordPress DotNetNuke Orchard SiteFinity Others • Templates – TemplateMonster – ThemeForest – Others Computers • • • • Big box vs Custom vs. Mainstream (i.e. Dell) Dell Business Account Apple Considerations – Backups: JustCloud – Support: Dell, AppleCare – Security Patches: Microsoft – Antivirus: GFI Cloud Antivirus Collaboration • • • • Hosted SharePoint: FpWeb, SherWeb GoToMeeting ($49/Month) Microsoft CRM ($200/Month) SalesForce.com Development Tools • Microsoft BizSpark Program • ALM – Hosted TFS via DiscountASP.NET or Microsoft – SVN via Assembla – Git via GitHub or BitBucket • Other Dev Tools: – Balsamiq ($80/User) • Jira/Confluence Accounting • Quickbooks ($400) – All invoicing – Financial reporting – Receivables • Quickbooks Online Misc Tools • • • • • Harvest Time Entry ($60/Month for 5 users) ConstantContact or Vertical Response HootSuite EventBrite VistaPrint GROWING A BUSINESS Single Employee to Employer • Payroll – Outsource – Tax implications • Group Health Insurance – High cost and strict rules • 401k – Strict rules for owner – Safe Harbour • Legal – Employee Agreements – Subcontractor Agreements • Misc – – – – Vacations Ethics Expenses HR Office Space • Office Space – Furniture – Lease – Utilities – Location • CraigsList • DiscountCoffee.com FINAL THOUGHTS Additional Resources • Magazines – Inc – Entreprenuer • St. Louis Business Journal – http://www.bizjournals.com/stlouis/ • St. Louis Small Business Monthly – http://sbmon.com/ • City, State, and Federal Small Business Programs • Local Business Owners Networking Opportunities Kevin Grossnicklaus President 636.236.3279 800.362.3919 x 101 kvgros@architectnow.net http://architectnow.net or @kvgros Conclusion Thank you for coming!