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Clarity

Amit Mehta

Chicago, IL

Founder of the TechVoo franchise. Worked in Silicon Valley in various facets of technology and managed large web applications. Computer Engineer from the university of Illinois at Urbana-Champaign, as well as a graduate of Goldman Sachs 10,000 Small Businesses. Interested in advising technology startups.

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Entrepreneurship Web development Web Applications Web Design Project Management Engineering Franchising Computer Hardware Computer Repair

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Web Applications Architecture

I've architected an online voting platform for a large body of members to modify and adopt new Codes. Whether your application will be built in .NET, PHP, or something else, I can help you to make some of the right fundamental decisions up front.

Computer Repair Business

I own computer repair stores with a mixed commercial and residential client base. If there was a mistake to make on the path to refinement, we've made it already and figured out a better way. Constantly learning and looking for the *best* way to do things.

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Amit Mehta answered

As a founder, how should I structure putting my own initial capital into my startup (i.e. ~$50,000 from my bank account)?

Unless you have a need to show a substantial equity, usually starting the corporation (assuming that's the type of entity you want) with $1,000 is ok. Then the remainder ($49k in this case) is entered as a loan. That way, once you have the cash back in the business account, you're not worried about taxes and can be repaid the loan directly.

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Member since January 2016