Subscribe to Entrepreneur for $5
Subscribe

Don't Write That Check

Creative ways to compensate professionals for their services

By
This story appears in the April 2000 issue of Entrepreneur. Subscribe »

Want to conserve your start-up cash? Take another look at the professional fees you're paying. Some professionals (attorneys, accountants, consultants, etc.) may be willing to defer part of their compensation or accept equity in your company instead of cash.

Before you suggest this, put together a proposal that creates a win-win situation, advises Rich Squar, a partner with Squar Milner, a CPA and business consulting firm in Newport Beach, California. He suggests keeping these issues in mind:

Continue reading this article - and everything on Entrepreneur!

Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5.

Entrepreneur Editors' Picks