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Why Entrepreneurs Must Learn to Love Paperwork  

The Startup Magazine

You must abide by your operating agreement. For startups established as an LLC, the operating agreement is the original blueprint that specifies how the company will be run and which members (partners) hold which responsibilities, among other concerns such as profit-sharing. Personal asset liability protection is not ironclad.

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The Next Entrepreneurs And Startups

YoungUpstarts

Of course, we can expect digital engagement and big data to play a part in the operations and strategy of any business in the 21st century, but that’s not the same as saying the only opportunities are in tech. Reaching out to experts and soliciting advice to protect your valuable IP will help you maximize your assets effectively.

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13 Critical Small Business Legal Requirements to Start a Business

Up and Running

Not only do these requirements ensure that businesses operate within the law but it also protects small business owners and their consumers. . A small business is an independently owned and operated entity that engages in commercial activity and fulfills the set industry-specific size standards. What legally defines a small business?

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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? For company registration, angel deals, Series A & B funding, Employee Stock Option Plans (ESOP), IP filings and even litigation it doesn’t need to be that way.

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

David Teten

I’ve listed them below in *very* roughly descending order of efficiency, measured by increased dollars one can put to work, divided by the operational dollars required to implement each strategy. . Sophisticated VC and private equity funds have a wide array of options for leveraging outside operating executives.

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What Can a Startup Lawyer Help With?

The Startup Magazine

Forms of business organizations include: Sole Proprietorship, Partnership, Limited Liability Corporation (LLC), or Corporation. If your startup business has more than one founder, a Partnership Agreement, which is an operating agreement, is essential. Partnership Agreements. to resolve future conflicts. amongst others.

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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.

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