If you’re interested in starting a business, you’ve probably got a few items on your to-do list. For one thing, you need to complete a comprehensive business plan that lays out your proposal for starting and managing your venture for the next 1-5 years. You may also want to hire a small business lawyer, a Read More
The Legal Needs of Small Businesses
Most small businesses are working with limited resources. It’s understandable, then, that they have to prioritize, in some cases foregoing services that might otherwise be deemed necessary. However, it’s important for small business owners to understand the risks associated with foregoing necessary legal services. Because legal problems may seem unlikely, or at least far off, Read More
8 Essential Ingredients for Startup Success
Starting a business is no easy feat, even if you understand the ins and outs of creating a business plan, seeking investors, and dealing with legalities like Rule 506(c) under Regulation D of the federal Securities Act. The process can be made easier when you have some guidelines for success, though. Here are a few Read More
How to Navigate Crowdfunding Legal Issues
Crowdfunding has emerged as a convenient means of connecting up-and-coming entrepreneurs in need of capital with investors interested in funding new ventures. As a business owner looking to receive funding for your startup, you must be aware of any potential legal issues that could land you in hot water or even put a stop to Read More
Equity Crowdfunding Basics You Should Know
You may have heard of popular crowdfunding sites that help you to kick-start a business idea with funding donated by those interested in your product. The nice thing about these sites is that the people who fund your venture will accept product samples, swag (posters, tees, associated merchandise), and even tokens like signed items or Read More
5 Reasons Your Startup Needs a Good Attorney
Entrepreneurs embarking on the launch of a startup often face an uphill battle, leaving very little room for error. Their financial situation generally dictates that startups adopt an “all hands on deck” approach that requires everyone to wear multiple hats in order to stretch very limited resources far enough to cover all of the essentials. Read More
5 Things Every Startup Should Know Before Hiring an Attorney
Beginning a relationship with a lawyer is an important step for any startup. The insights and advice an experienced attorney offers can be crucial to the success of your new business and will pay dividends down the road – especially if you hope to expand. Before bringing on new legal counsel, here are a few Read More
How to Find the Right Lawyer for Your Startup Company
In the early stages of any business, finding the right people is extremely important. Among the most important of these initial hires are a good accountant and attorney. The need for a good accountant are relatively self-evident – backroom tasks such as making sure the books are balanced, bills are paid and knowing cost and Read More
For New Businesses: Top Things to Watch Out For When Looking For Investors
Start ups need money, and if you are like most new business owners, that funding isn’t coming out of your own pocket. While there are many ways to attract investors (whether it is through stock and securities offerings or crowdfunding), it is critical in the early stages that you choose only the most suitable candidates. Read More
PPM Drafting: Online Templates Could Be Missing Essential Clauses, Don’t Be Fooled
As an entrepreneur or owner of a start up business, you know the importance of balancing your goals with your budget. While it is smart to create a reasonable financial plan, there are some places where you just shouldn’t cut corners. Drafting your Private Placement Memorandum (or PPM) is an important aspect that requires the Read More