Law Advocate Group, LLP 
What is Business Protection Insurance? Business insurance is essential protection that will help cover the costs of losses such as lost revenue, lawsuits, property damage, and other costs. Businesses will usually purchase several types of insurance and combine them into… 
Employment Law Issues for Growing Companies and Entrepreneurs With the complex federal, state, and local employment regulations that apply to all businesses, the human resources industry is growing to meet the demand. The hiring process can easily overburden a corporation,… 
The Structure of Private Acquisitions Many startups are founded with the end goal of being acquired, as it allows the founders to cash out after a short period of time. There are three primary forms of private acquisition structures: merger,… 
Preparing for an Exit Transaction Initial public offerings are becoming less common as startup founders are starting to look to exit their companies through acquisitions or asset sales. If a merger, acquisition, or asset sale seems likely for your business,… 
Basics of an LLC The most common reason to form an LLC over other business types is because it protects the business owner from personal liability. However, business owners who do not properly set up or manage their LLCs may… 
Having Trouble Collecting Business Debts? The management of all assets and liabilities is business 101. Debts that are owed to you are considered assets as they are the promise of incoming money. If these debts are not paid, the asset… 
How to Create An Effective Operating Agreement In a partnership, as with other types of unions, you must establish communication in order to achieve shared objectives. By drafting a detailed operating agreement before the partnership is formed, you can prevent… 
Raising Capital with Regulation CF The methods used by startups to obtain funding have come a very long way due to technological advances, so much so that federal securities laws have evolved to ensure these investments are protected. A relatively… 
Should I Offer a Stock Option Pool? An ever-more common option for dividing equity for startups is a stock option pool. Equity compensation is a fairly common incentive that business owners use to pull in talent within their industry and… 
Should Investors Get Board Seats? The success or failure of a new startup depends heavily on its board of directors. Therefore, entrepreneurs must be selective about giving board seats to investors. Each board member has voting power and if shareholders… 
