Topic: business formation

Business Owners: What Keeps You Up at Night? [Poll]

Which legal issues give you the biggest headaches? While you’re thinking about your response, here are a handful of recent legal updates on these very topics: Business Formation: Key Tips for Developing Business Plans for Entrepreneurs, Investors & Business Owners – Scott Legal Services, P.C. California’s New LLC Act Adds Confusion and Effects Little Change… Read more »

JOBS Act Update: SEC Proposes Rule to End Advertising Ban for Stock Offerings

In late August, the Securities and Exchange Commission proposed a new rule that would lift the long-standing ban on advertising private securities offerings. The rule, the first of a number of planned regulatory changes designed to help small and emerging growth companies raise capital as mandated by the JOBS Act, is open to public comment… Read more »

Most Popular Small Business Posts – May 2012

What’s on your mind? Employee handbooks, business insurance, medical marijuana, and IP protection, among other things. For your convenience, here’s a look at the most-read Small Business Support posts in May 2012: 1. Think That Email Isn’t a Contract? Think Again “You’ve got mail! And, as two recent court decisions indicate, you might also have… Read more »

Startup Advice from a Venture Capitalist [Video]

[Video: Tech Start-Up Legal Issues 6: A VC’s Advice – Bloomberg Law] Interesting Bloomberg Law video interview with Ian Sigalow, a partner at Greycroft Partners LLC. Sigalow qualifies his startup advice as pertaining to the digital sector, however the conversation with Bloomberg’s Spencer Mazyck is of interest to any entrepreneur. Some takeaways – watch the… Read more »

LLC vs Corporation? A Critical Decision During Business Formation [Video]

[Link: Tech Startup Issues: Forming Your Company – Bloomberg Law] “[For employees] the whole ball of wax for these types of companies is: how much equity can I get? Can I get rich? Am I going to feel passionate about working at this company?” Business formation doesn’t happen in a vacuum. There are, as they… Read more »

Crowdfunding Has Arrived! What This Actually Means for Startups…

[Link: Crowdfunding: What Is It? Who Will Use It? Is It Worth the Hype? – LXBN] The “crowdfunding exemption” is one of the most talked-about provisions of President Obama’s new Jumpstart Our Business Startups (JOBS) Act. In short, the exemption allows startups and smaller issuers to raise funds through social media via small contributions from many individuals… Read more »

Starting a Tech Startup? Watch These Videos…

“Being the richest man in the cemetery doesn’t matter to me. Going to bed at night saying we’ve done something wonderful, that’s what matters to me.” – Steve Jobs Yesterday you emailed your team news of Facebook’s ONE BILLION DOLLAR acquisition of Instagram. Because, while you live by the Steve Jobs quote (you’re building something… Read more »

How Will The JOBS Act Help Smaller Businesses? Here Are 5 Ways

On April 5, 2012, President Obama signed into law the Jumpstart Our Business Startups (JOBS) Act, which will help small businesses and emerging growth companies raise capital and go public: “The provisions of the JOBS Act represent a watershed change to the laws and regulations governing capital raising for private companies. Some of the provisions –… Read more »

Congratulations, You’re an Employer! Now What?

The good news is that your business is growing, and you’re ready to hire your first employee. But that means stepping into what is likely to be unknown territory: you’ve got to write a job description, interview candidates, find the right person, and – most importantly – manage your new employee once he or she… Read more »

Living the Startup Life? Read These Legal Advisories

Starting a business takes more than hard work and a good idea. You need to be able to run a business, get financing, pay your taxes, protect your intellectual property, and more. For entrepreneurs and small business owners living the startup life, here’s a roundup of recent advisories covering the diverse legal considerations that come… Read more »

Business Structures: What’s Right for My Company?

Choosing the right business structure can be a daunting decision for an entrepreneur. To help sort through the options, here’s a quick overview of the most common forms of small businesses: Sole Proprietorship “With a sole proprietorship (also known as a ‘sole prop’), you are the business. You can operate under your own name or… Read more »

Funding a Small Business: 7 Financing Sources to Consider

Bank loans, crowdfunding, venture capital, and more: entrepreneurs looking to start and grow their businesses have multiple options. In the end, however, there are only two kinds of money: debt, which is borrowed, and equity, which is traded for ownership of the company. To help you determine which is right for your company, here’s a… Read more »

Will Crowdfunding Supporters Be Disappointed When Legislation (Finally) Arrives?

If you’re an entrepreneur or small business owner, chances are you’re following the progress of draft crowdfunding legislation currently pending before Congress. The lawyers at Davis Wright Tremaine are too. So far, they’re not particularly impressed: “I think crowdfunding is a great idea in concept, but I am afraid that crowdfunding enthusiasts are going to… Read more »

Starting a Small Business? Remember These 10 Essential Steps

Thinking of starting a business? These updates will help. For your reference, ten essential steps in planning, structuring and managing your new company, from lawyers and law firms on JD Supra: 1.Select a Business Name “The name selected must not deceive or mislead the public or already be in use or reserved… Several alternative names… Read more »