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By David Hehman
Once you’ve raised investment capital, you’ll need to setup parameters for how you can invest the funds until their use. This is typically done through the creation of an “Investment Policy” that you approve as part of your Board meeting and include in your Minutes from the meeting. Here is a sample Investment Policy. Your Bank or Securities firm can also help you here as they will likely help you implement the plan. In general, you want to stay conservative.
Whether it is fear or inertia that keeps you from paying bills on-line, here are some convincing reasons to get over it.
Learn the basic principles for evaluating and selecting the right bank for your new Internet startup business