Entrepreneurship – Start-Ups

By partnering with Blackpointe you can focus on your sales, product, service, marketing, and especially your customers. We can give you the peace of mind knowing that we are covering your day-to-day accounting, like payroll, bank reconciliations, customer invoicing, receipt and expense reconciliations, moth-end close and financial statement preparation.

Blackpointe will create your budgets, forecast your revenue and expenses, project your cash flow and handle all your compliance activities that include things like audit and tax preparation.

As a start-up, we’ll make sure you have the right financial information at every possible funding phase – Costs Worksheets, Use of Funds Statement, Profit and Loss, Break-even Analysis, 3-Year Financial Projections, Financial Ratios, Investor Decks and Presentations.

Now you know how Blackpointe can help, so let’s see where you fit into the business start-up demographics.

Currently there are more men than women starting businesses.

Gender

  • 73 percent identify as male
  • 25 percent identify as female.

This may come as a surprise to many, but there are more people who are between 50 – 59 starting business.

Age Range

  • 50-59 years old: 35 percent
  • 40-49 years old: 25 percent
  • 60-69 years old: 18 percent
  • 30-39 years old: 14 percent
  • 18-29 years old: 4 percent
  • 70+ years old: 4 percent

High School and Bachelor’s Degree educated are starting businesses almost at the same rate.

Education

  • High School / GED: 33 percent
  • Associates Degree: 18 percent
  • Bachelor’s Degree: 29 percent
  • Master’s Degree: 16 percent
  • Doctorate: 4 percent.

Ready to be their own boss… At Blackpointe we can relate to that.

Reason for starting business

  • Ready to be his/her own boss: 26 percent
  • Wanted to pursue his/her passion: 23 percent
  • The opportunity presented itself: 19 percent
  • Dissatisfied with corporate America: 12 percent
  • Laid off or outsourced: 6 percent
  • Not ready to retire: 6 percent
  • Other: 5 percent
  • Life event such as divorce, death, etc.: 3 percent

Ethnicity

  • White/Caucasian – 71 percent
  • Hispanic/Latino – 6 percent
  • Black/African American – 7 percent
  • Asian/Pacific Islander – 11 percent
  • Other – 5 percent

The Blackpointe Company has many tools and services that can help you become and stay successful in your business. We know your financial needs at every business cycle – development, start-up, growth, expansion and maturity. We are also experts at helping you with the financial information for all rounds of funding, including Pre-Seed, Seed, Series A, Series B, Series C and IPO.

We also have expertise with Start-Up Crowdfunding

  • Equity
  • Loan/Debt

Be sure to call or email us at (619) 376-8467 or info@blackpointe.co