Remove Delaware Remove Entrepreneur Remove IP Remove Revenue
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Do It Right The First Time, Part II: Visit the Doctor or House Call?

Gust

I urge all entrepreneurs to consult and develop a good working relationship with a qualified startup lawyer. Form a legal entity to operate the business (we’ll use a Delaware corporation as an example for Newco). Sales contracts accounting for significant revenue. Appoint Newco’s initial Board of Directors.

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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 ). Button-down IP ownership and assignment issues (see post here ). www.youtube.com/watch?v=N1A44ShZfWo. v=N1A44ShZfWo. Form a corporation — not an LLC (see post here ) or a partnership (see post here ).