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The Legal Side of Entrepreneurship

YoungUpstarts

Startups also must pay an inexpensive service fee for incorporating in Delaware. A startup may need to hire a lawyer to understand what the best strategy is given its particular technology space and to guard against being seen as an easy mark. ” Intellectual Property. ” Intellectual Property.

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Guns and Cyber Security

Steve Blank

I grew up in New York City and for a few years heaven on earth for me was going to Boy Scout camp in the summer near the Delaware River. While we were putting in the miles of fencing to keep them out, I bought much heavier weapons to deal with a charging 400-pound boar and hired an instructor to teach me how to safely use them.

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8 Reasons To Incorporate Your New Company Early

Startup Professionals Musings

Define a business entity early to manage taxes and intellectual property. An LLC will work just fine for this, but if you know enough to anticipate more than 100 investors or special classes of stock, I recommend incorporating as a Delaware or Nevada C-Corp or S-Corp.

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Guns and Cyber Security

Steve Blank

I grew up in New York City and for a few years heaven on earth for me was going to Boy Scout camp in the summer near the Delaware River. While we were putting in the miles of fencing to keep them out, I bought much heavier weapons to deal with a charging 400-pound boar and hired an instructor to teach me how to safely use them.

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What Is the “Walker Startup Package”?

Scott Edward Walker

Incorporate in Delaware and qualify the company to do business in the state in which its principal office is located (see #2 here ). If you hire any employees, make sure you don’t misclassify them as an independent contractor or fail to pay them at least the minimum wage (see post here ). Cheers, Scott. Legal Checklist for Startups.

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Basic Accounting And Legal Aspects That Every Business Owner Should Know

YoungUpstarts

Secondly, if we are for example, launching our business venture in the United States, then we should think about where we should be incorporated, and there the best option is Delaware. I recommend hiring a specialist who can do this successfully on a monthly basis so that we do not lose focus on our business.

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