It is critical that you work with a business attorney as soon as you start to come up with, and begin working on, a new idea or venture. Too often inventors, entrepreneurs, and innovators, begin working on a project and form a partnership without ever speaking with an attorney. This could be to your detriment and typically is. This is especially true when you are working on a new invention or improving on an existing…
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Many startups make the mistake of forming a company without seeking the advice of an attorney. For example, if you come up with a great idea, are working on a new technology platform, or decide to start selling a new product, it is easy to go online and follow the steps to incorporate your own business. You can do so by simply filling out some forms, filing them, and paying the fee. While it may…
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Starting a business without the capital to pay employees large salaries is a common problem in the startup world, and most founders find the answer to this problem by turning to equity compensation. Unfortunately, there are a lot of legal and financial nuances with the various types of equity compensation available to companies, and not every company handles this process perfectly, which can result in disastrous problems for the company in the future. Below are…
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If you are interested in creating your own startup business, it is highly likely that you will need investors to finance your new company. Unless you are fortunate enough (and bold enough) to be able to fund your venture alone, tracking down and securing investment capital for your startup will take as much of your time, if not more, than actually forming and operating your business. Knowing what investors are looking for when they compare…
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