Basics of an LLC
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 upBasics of an LLC
Having Trouble Collecting Business Debts?
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 debtsHaving Trouble Collecting Business Debts?
How to Create An Effective Operating Agreement
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 partnershipHow to Create An Effective Operating Agreement
Raising Capital with Regulation CF
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 theseRaising Capital with Regulation CF
Should I Offer a Stock Option Pool?
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 inShould I Offer a Stock Option Pool?
Should Investors Get Board Seats?
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 hasShould Investors Get Board Seats?
Employee Stock Options
Employee Stock Options When trying to hire new employees, a piece of equity in the business can be a very enticing offer. The amount of stock that is offered to new employees needs to beEmployee Stock Options
Contract Management System
Contract Management System The evolution of technology has greatly improved our ability to streamline helpful organizational tasks. While these systems are crucial to a well-run business, they were once seen as a burdensome expenditure ofContract Management System
What is a Public Company?
What is a Public Company? When starting a business, one must be aware of what form it will be. Whatever legal entity a business takes will be its guiding force until its end: it willWhat is a Public Company?