Starting A Club
Explain Purpose of Club
Explain Direct Investments
Explain Risks
Explain Returns
Explain a Standard Deal
Explain underwriting fees
Enrollment costs / Set Fees
DBA Filings each member
Monthly meetings – in person & online
E-Mail updates weekly
Bio on each member
Officers and functions
Operating Budget-Annual-Monthly
Club agreement-voting-rules-guidelines
Member all vote majority rule 70/30
Payout schedules-life of projects or club
Contacts 6 degrees of separation
Monthly Financial Report
State Incorporation as LLC
Federal EIN
By-Laws of corporation
Setting up transfer Bank Accounts (BOA)
Client Funding Package with reports
Buy / sell for early withdrawal
Disbanding procedures and disbursement of funds
Annual Filing of Tax Return
Annual Filing of State Franchise Return
Memory Stick Each Member