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13 Critical Small Business Legal Requirements to Start a Business

Up and Running

You’ll need the EIN to pay taxes for your business, apply for licenses and permits, open a bank account, and hire and pay employees. Secure your intellectual property. 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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From Idea To Execution: Building An Efficient Workflow For Your New Venture

The Startup Magazine

Hiring the right people is critical, but it’s just the beginning. Understand your costs, both fixed and variable, and plan your finances accordingly to sustain operations and fuel growth. It’s crucial to protect your intellectual property as well, including trademarks, patents, and copyrights.

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Can You Replace Lawyers With Software?

The Startup Magazine

Already, a Silicon Valley startup called Atrium has developed an app that hopes to automate nearly every task that forces startups to hire lawyers, which might include acquiring funding, merging, and being sued. Intellectual property creation. For now, Atrium is using real lawyers to provide clients with advice and action.

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3 Ways Structure Can Take Your Tech Startup To New Heights

YoungUpstarts

Speaking intelligently about your company’s current (and future) performance means regular check-ins with your finances. Intellectual property matters are just one way these problems can materialize. To become part of the surviving half, use these methods to ensure your startup’s structure stands strong. Speaking of which….

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The Legal Side of Entrepreneurship

YoungUpstarts

This article highlights their advice on issues ranging from financing to patent trolls: While startups may believe lawyers are too costly, working with one early on avoids potentially serious problems later. ” The Cost of Financing. In a Series A financing, companies must pay the investors’ lawyers as well as their own.

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China Startups – The Gold Rush and Fire Extinguishers (Part 5 of 5)

Steve Blank

Intellectual property protection is great on paper and “limited” in practice. The large players like Alibaba, Baidu and Tencent historically would be more likely to simply copy a startup’s features than to hire their talent. The motivations are the same – profit – driven by entrepreneurs and venture finance.

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How to Write a Business Plan for a Cannabis Company

Up and Running

Hiring plans. Outline what positions you might need to hire to fill skills gaps in your management team and how much you plan to pay them. Intellectual property : List any patents you have or have pending, and mention any core technology you are licensing from another company. Management team and qualifications.