Remove California Remove Distribution Remove Naming Remove Operations
article thumbnail

Startup Lessons: 4 Companies Facing Product Lawsuits

The Startup Magazine

When conducting business, it is crucial to make a profit and keep your operations running smoothly. Here are 4 companies that have faced legal action due to the distribution of a toxic or otherwise dangerous product. Remington was founded in 1816 and operates today as the United States’ oldest gun maker. Takata’s Airbags.

article thumbnail

Corporation or LLC? Business Organizations for Tech Startups.

YoungUpstarts

While the standard is that ownership is determined based on each owner’s contribution to the LLC, the Articles of Organization or the company’s Operating Agreement can change this, so the amount any owner invests does not necessarily determine the member’s share in profits (or losses) of the company. Verdict : It’s a tie! Verdict : LLC.

LLC 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

35 Entrepreneurs Explain How They Came Up With Their Business Name

Hearpreneur

What exactly is going to be the name of your business? Whatever the inspiration or relation may be, the naming of your business is one of the most important parts of becoming a CEO. I then ran a crowdsourced contest on crowdSpring to come up with ideas for the name. CrownTV is a spinoff of that name.

Naming 48
article thumbnail

How to Form a Corporation

Up and Running

Give your company a name. Name your trusted inner circle of company leaders (or just yourself). You’ll need to pay “foreign qualification” fees when you register, name a “registered agent,” pay “franchise taxes,” and make required annual reports to Delaware. . Give your business a name. Will not be rejected by your state.

article thumbnail

Tale of Two Valleys: LA and the Bay Area from an Investor’s Perspective

Mucker Lab

As an entrepreneur himself, founding and operating printed circuit board factories in Taiwan, my father was debating between two places to immigrate to and build his next new venture: Los Angeles (“The Valley” aka San Fernando Valley) and Santa Clara (“Silicon Valley”). Stamps of Approval” and “Opportunity”.

article thumbnail

How to Write a Business Plan for a Subscription Box Service

Up and Running

Operations. Name the other subscription boxes that appeal to your niche. A competitive matrix lists the company names down the left column and particular features across the top row. The example box might reach out to popular hair product brands like American Crew, Baxter of California, or Kevin Murphy to get free samples.

article thumbnail

4 Things You (and Every Small Business) Should Know About Taxes

Up and Running

My name is Zach and I will be hosting today’s event. First, let me start off by giving you some more background so again my name is Zach Olson and I’m the founder and CEO of TaxAlli.com. One of the easiest ways to start a business is to operate as a sole proprietorship, but easy doesn’t really mean the best.