Kima15: $150K for 15% in 15 days

Re:Kima15: $150K for 15% in 15 days by deathflute on Wednesday December 04, 2013 @02:33PM (#6849481)

A naive question to founders who have taken such seed funding before - can you directly take money out of a investment like this to pay for your living costs or you have to go through the headache of establishing payroll and a small salary for the founders?

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Re:Kima15: $150K for 15% in 15 days by jber on Wednesday December 04, 2013 @02:37PM (#6849512)

Payroll is obligatory for tax reasons...

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Re:Kima15: $150K for 15% in 15 days by deathflute on Wednesday December 04, 2013 @02:42PM (#6849561)

I see. Any pointers to a cheap payroll processing company?

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Re:Kima15: $150K for 15% in 15 days by jber on Wednesday December 04, 2013 @02:51PM (#6849654)

Nope . It depends where you are. but really, it's very easy to find online.

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Re:Kima15: $150K for 15% in 15 days by prayag on Wednesday December 04, 2013 @02:57PM (#6849684)

www.zenpayroll.com

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