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The MVF Blog allows members and guests to share their ideas and best practices about entrepreneurship and building a better ecosystem in the St. Louis area. Click on the green words "MVF Blog" to access all blogs.

 

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Mueller Prost

Posted By Administration, Friday, May 1, 2015

It’s true, time is money, but do you know if you are spending your valuable time on the right things?

 

As a startup, most of your energy is spent on designing and refining your product and searching for customers.  Often times accounting is the last thing on your mind.  Accurate accounting is crucial not only to track expenses, but to help price your product.  Many startups we work with have a great product, but they spend minimal time on how to price their product.  Utilizing accurate accounting records, benchmarking data and industry research, our clients are able to maximize sales price and thus profit.

 

Mining the necessary data, conducting research, and real-life experience is not something that can happen or be earned overnight.  We help our clients by saving them time and turning data into information.  We leverage our experience working with startups, startup organizations, and investors, as well as first-hand experience running organizations as owners, accountants, engineers, operations leaders, and sales directors.  We share this experience with our clients and help them discover opportunities and grow their business.  

 

Mueller Prost is a member of PKF North America, an association of over 100 independently owned accounting and consulting firms with offices across the United States, Mexico and Canada.  We leverage our PKF relationships to answer state or country specific questions and to draw upon additional expertise for our clients within narrow industry niches or unique operations.  We believe this relationship allows us to provide valuable information and connect you with experts across the country and beyond.

 

Mueller Prost is a team of CPAs and business advisors who provide a full range of professional tax, audit, accounting and management advisory services.  Since 1983, the firm has grown to become one of the leading locally-owned public accounting firms in the St. Louis area and employs over 100 professionals and staff.  The firm operates from offices located in St. Louis and St. Charles, Missouri and Irvine, California – serving clients nationwide. For more information go to www.muellerprost.com.

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Carmody MacDonald P.C. Helps Entrepreneurs In Their Journey

Posted By Administration, Thursday, April 2, 2015

If you take a look around, it’s quite difficult not to feel the entrepreneurial spirit in the fast-paced world in which we live.  St. Louis, in particular, is in the middle of this flourishing startup environment. The attorneys at Carmody MacDonald P.C. understand what it’s like to be at the beginning of a new business’ journey.  It’s a blend of excitement and anxiety: Have I done enough planning? Where are the unknown contingencies? When will I need outside guidance and counseling? Will I need a Plan B to sustain the business?

 

In these circumstances, guidance from those who have gone down this road before can provide comfort and insight.  At different stages of the journey, different perspectives and levels of counseling are essential.  Carmody MacDonald has been providing sound business advice and innovative solutions to clients’ business and legal needs for more than 30 years.

 

We invite you to bring our lawyers along in your journey and gain the benefit of their counseling of clients on similar journeys. The areas of talent we offer are undoubtedly familiar to you: formation (choice of entity), relations among equity owners, taxation, incentive compensation plans, equity and debt structures (including private placements), securities compliance, intellectual property, employment, and contracts (employees, customers, contractors, vendors and other third parties). These substantive legal needs are moving parts, and are either front and center or in the background, depending upon the particular stage of your journey.

 

Invite us along. We wish you the best of success and look forward to sharing the excitement with you. To learn more about the services provided by Carmody MacDonald, please visit www.carmodymacdonald.com.

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Attorneys Of Polsinelli At The Forefront Of Helping Entrepreneurs

Posted By Administration, Tuesday, March 31, 2015
The multidisciplinary attorneys of Polsinelli are at the forefront of delivering the entire spectrum of legal services for entrepreneurs driving the growth of the economy. We help our entrepreneurial clients achieve success by helping them form, structure, organize, manage and find funding for their businesses efficiently and effectively.  We also represent many of the funding organizations in town and help them structure and document their investments.  Our Firm and attorneys are also deeply involved in the startup  ecosystem, and work closely with Arch Grants, Capital Innovators, ITEN, Missouri Venture Forum and other programs, organizations and events which are critical to our local start-up community.  

We pride ourselves on being a seamless part our clients’ teams by sharing ideas, suggestions and referrals to advance your business objectives.  Our attorneys provide tailored and focused representation, approaching challenges in the same fashion you do – mobilizing and responding with a sense of urgency because opportunities are fleeting.  We have developed deep national expertise in all legal specialties involving early stage companies and will continue to do so since we are committed to helping early stage companies, and our startup ecosystem flourish.  

Polsinelli is a first generation Am Law 100 firm, serving corporations, institutions, entrepreneurs and individuals nationally. Our attorneys successfully build enduring client relationships by providing practical legal counsel infused with business insight, and with a passion for understanding how to assist General Counsel and CEOs achieve their legal objectives. Polsinelli is ranked 18th in number of U.S. partners* and has more than 740 attorneys in 20 offices. Polsinelli was profiled in the June 2013 issue of The American Lawyer as the fastest-growing law firm in America over a five-year period and has maintained this position. The firm focuses on healthcare, financial services, real estate, life sciences and technology, energy and business litigation, and has depth of experience in 100 service areas and 70 industries. The firm can be found online at www.polsinelli.com.

Polsinelli PC. In California, Polsinelli LLP.
*Law360, March 2014

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Stone Carlie Focused On Meeting The Needs Of Entrepreneurs

Posted By Administration, Tuesday, March 31, 2015
Stone Carlie is committed to helping grow the St. Louis startup community and advancing our region. Our Life Sciences & Emerging Technology Services Group is focused on meeting the needs of entrepreneurs in the startup community as well as providing support to those investors that are funding them.

Stone Carlie’s expertise in startup advisory, accounting, tax and business consulting has allowed us to craft cost-effective and efficient solutions for startup companies. We offer the core services these companies require and assist them in developing strong office and accounting systems from the beginning so they can start on a healthy financial track and gain the attention and interest of potential investors. We currently engage with over 200 startups and volunteer over 300 hours per year.

We also support and work with more than 15 of St. Louis’ leading investment fund organizations which are critical to startups. By assisting the funds with sound accounting and tax support, we help this segment of the community remain strong and vibrant.

Stone Carlie was one of the first tenants in the CIC@4240 in St. Louis’ Cortex District, which brings entrepreneurs into the community to foster innovation. This new opportunity allows us to not only connect entrepreneurs with others in the industry, but also discover new resources that drive success.

We believe our targeted services and deep commitment are a driving force to help advance St. Louis as one of the top tech hubs in the country.

About Stone Carlie
For over 65 years, Stone Carlie has been providing expert accounting, tax, wealth advisory and a host of consulting services that help clients grow their businesses.

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UMSL Students Participate In First Class Of The UM Entrepreneurial Scholars And Interns Program

Posted By Ron Ameln, Wednesday, March 25, 2015
UMSL students participate in first class of the UM Entrepreneurial Scholars and Interns Program

Three University of Missouri–St. Louis students will have a unique opportunity to enhance their entrepreneurship skills

The University of Missouri System recently announced the selection of 15 students, including three from UMSL, to be part of the inaugural class of the UM System Entrepreneurial Scholars and Interns program. Students began taking entrepreneurial-related courses this semester, which will be followed by a 10-week, paid summer internship. This exclusive program provides the students with a strong academic foundation in entrepreneurship as well as the opportunity to learn from a mentor or work within a startup company.

The program introduces students from different degree programs on each of the four system campuses to entrepreneurial principles and practices and creates a network of connections centered on entrepreneurship.  Open to all undergraduate students on all four campuses, 38 applications were received in this first round from students in disciplines ranging from journalism and environmental engineering to nursing and graphic design.

The goal of the program is to create a steady stream of entrepreneurs around the state capable of taking their cutting-edge ideas to the market as new business ventures. Creating this new wave of well-educated entrepreneurs in Missouri will benefit the local, regional and national economies.

Internships for this summer are currently being scheduled. If you’re aware of an early stage company interesting in hosting an intern or an individual willing to mentor one of these entrepreneurial students, you can contact Jana Moore at moorejan@umsystem.edu.

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