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13 Critical Small Business Legal Requirements to Start a Business

Up and Running

Generally, the size is based on the number of employees and annual receipts for a given period. Small Business Administration , an organization is considered to be a small business if their: Firm revenue ranges from $1 million to $40 million Number of employees is between 100 and 1,500. According to the U.S. Get business insurance.

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Intellectual Property 101

Up and Running

If someone asked whether or not your business has Intellectual Property (IP) and your answer is “I do not know” or “I doubt it,” you are not alone. It is difficult to be in a business situation completely devoid of IP worth identifying and protecting. IP is a not just a legal issue.

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How to Work with Lawyers at a Startup

Both Sides of the Table

Shame about not getting it in legal writing that you owned the original IP. Founded it as a California LLC but your potential VC wants a Delaware C-Corp? Forget to get around to setting up that Employee Stock Option Plan and want to be able to give the early guys their options at a low strike price?

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

David Teten

Hire more non-Partner staff. – Hire more Partners. For a VC fund to be actively engaged in a large number of investments, it needs to hire more Partners to sit on more boards. If you’re thinking of hiring a Partner, I suggest see How to Negotiate a Partner Role at a Venture Capital or Private Equity Firm.

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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. 2) You’re hiring employees. 2) You’re hiring employees.

IP 40
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Legal Checklist for Startups

Scott Edward Walker

Form a corporation — not an LLC (see post here ) or a partnership (see post here ). Button-down IP ownership and assignment issues (see post here ). Button-down IP ownership and assignment issues (see post here ).

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What Is the “Walker Startup Package”?

Scott Edward Walker

Form a corporation — not an LLC (see post here ) or a partnership (see post here ). Button-down IP ownership and assignment issues (see post here ). Button-down IP ownership and assignment issues (see post here ). Set-up vesting schedules for the founders (see post here ) and file 83(b) elections with the IRS (see #3 here ).