Showing 14 posts in Startup.
Using Estate Planning to Secure Your Business' Legacy
Most family-owned businesses are built with legacy in mind; founders want their hard work to pass down through generations. They also want to provide opportunities for other family members to unite around a shared mission. Without an estate plan or succession plan in place, our most valuable asset, family relationships, can be disrupted in an instant. Read More ›
Categories: Estate Planning, Lawsuit, Startup
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Process and Requirements of Women-Owned Small Business Certification
The federal government, states, and some cities set aside a percentage of funding to help women-owned businesses. In fact, in 2021, the federal government set aside 5% of its annual spending for businesses that obtained a Small Business Association (“SBA”) Women-Owned Certification (WOSB). Read More ›
Categories: Compliance, Startup
Starting a Business in 2022? Top Things You Need to Know
You're leaving your current job because you have an idea for starting your own business in 2022. In your head, the business plans look incredible and you will be working on something you're truly passionate about. But where do you start? Read More ›
Categories: Did you Know?, Entity Planning, Entity Selection, Organization & Planning, Startup
SEC Expands Accredited Investor Definition to Include Sophisticated Investors, Others
On August 26, 2020 the Securities and Exchange Commission (SEC) adopted amendments to Rule 501(a) of the Securities Act that expand the definition of “accredited investor” to include additional categories of investors who may invest in unregistered private offerings. This amendment is intended to provide greater access to private investment markets. The amendments become effective 60 days after the new rule is published in the Federal Register. Read More ›
Categories: Entity Planning, Entity Selection, Organization & Planning, News, Startup, Venture Capital/Funding
Three Steps to Forming an LLC
A limited liability company (“LLC”) provides many benefits and protection to its owners. When forming an LLC there are several steps you should take. Below are three key steps to setting up your LLC. Read More ›
Categories: Compliance, Contracts, Entity Selection, Organization & Planning, Startup
Million Dollar Baby: Licensing Terms to Protect Your Ideas
You have an idea, a million dollar invention! You have applied for and received a patent to protect that invention, but now what? One way to make money with your invention is to license your intellectual property rights to a third-party for production or use. Read More ›
Categories: Intellectual Property, Licensing, Patents, Startup
Forming a start-up venture with others? Consider a Founders' Agreement.
Co-founders of a start-up venture often find themselves excited and enthusiastic about getting their business idea off the ground. Amidst the whirlwind of developing a product or service and forming a team, it can be easy for the founders of the start-up to put legal work on the backburner. That is often a costly mistake. This blog post is the first in a series of articles on legal issues facing early stage ventures. In this installment, we will discuss founders' agreements. Read More ›
Categories: Did you Know?, Startup
How Are Foreign Entrepreneurs Affected by the Delay of the International Entrepreneur Rule?
On July 11, 2017, the Department of Homeland Security ("DHS") temporarily delayed the effective date of a rule that would have allowed foreign entrepreneurs to temporarily come to the United States and work in the country when they have received significant financial backing from established investors. Read More ›
Categories: Financing, Startup, Venture Capital/Funding
How does the "Hire American" portion of the "Buy American, Hire American" Executive Order impact H-1B visa applicants and start-up businesses?
Much ado has been made about the Trump administration's stance on immigration issues. Throughout the 2016 campaign and into the first months of the new presidency, immigration has been a hot-button issue that has consistently garnered media attention. Last month, the administration took one of its first major swings at immigration reform in putting into effect an Executive Order titled "Buy American and Hire American" (the "Executive Order.") The "Hire American" portion of this Executive Order focuses on the H-1B visa program, a program that is used to give skilled foreign workers a temporary visa, granting them work authorization to utilize their skills in the United States. This blog post will analyze the impact of the proposed reforms, and in particular, the impact of those reforms on startup businesses. Read More ›
Categories: Employment, News, Startup, Venture Capital/Funding
Common Legal Mistakes of Start-Ups
The list below highlights some of the frequent legal mistakes made by start-ups. Blunders and mistakes are certainly a part of life and starting a business. But, we hope that the advice below will help you avoid a few. Read More ›
Categories: Startup
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