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13 Critical Small Business Legal Requirements to Start a Business

Up and Running

Limited liability company (LLC) – A structure that combines the characteristics of both corporations and partnerships. Still, you can use accounting software or work with a tax professional. Intellectual property (IP) is anything created by the human intellect that’s protected by the law from unauthorized use by other people.

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The 5 Biggest Legal Mistakes That Startups Make

Scott Edward Walker

Mistake #2 : not buttoning-down IP ownership issues (at 10:20). Mistake #5 : not doing your due diligence on potential investors (at 38:36). not an LLC or a partnership; the world of startups is the world of corporations. Mistake #2: Not Buttoning-Down IP Ownership Issues. doing this for 18+ years.

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The 5 Biggest Legal Mistakes That Startups Make

Scott Edward Walker

i) Rule 506 preempts State law, which means all you have to do is file a Form D and pay a filing fee; and (ii) no disclosure requirement/PPM Possible to sell to “friends and family” (e.g., issues to address include: How have they treated their other portfolio companies?

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How to Scale a Venture Capital (or Private Equity) Fund

David Teten

– Templatize the entrepreneurial process , by providing checklists, standardized agreements and other reusable code. – Build out low-cost force multipliers such as scouts , Advisors, Entrepreneurs in Residence, Venture Partners, and so on. All of the strategies above have very modest fixed cost.

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Five signs it’s time to get your business organized

www.greenhornconnect.com

1) You and your partners have developed IP critical to your business. Intellectual property is the most valuable asset most startups possess, so it is crucial that the startup, not the founders, own IP developed for the business. © Greenhorn Connect LLC - all rights reserved. 2) You’re hiring employees. Disclaimer.

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Incorporate Your Startup at the Right Time

mashable.com

After all, the sooner you incorporate or form an LLC, the sooner you can start reaping the rewards of incorporation ; the potential tax savings and legal protection. It’s not uncommon for it to take up to 40-60 business days to bring a Corporation or an LLC into existence after submitting your filing documents to any state office.

LLC 75
article thumbnail

Incorporate Your Startup at the Right Time

mashable.com

After all, the sooner you incorporate or form an LLC, the sooner you can start reaping the rewards of incorporation ; the potential tax savings and legal protection. It’s not uncommon for it to take up to 40-60 business days to bring a Corporation or an LLC into existence after submitting your filing documents to any state office.

LLC 75