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Why Entrepreneurs Must Learn to Love Paperwork  

The Startup Magazine

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. You must abide by your operating agreement.

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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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Your New Venture IP Portfolio Sets Investment Value

Startup Professionals Musings

When someone says Intellectual Property (IP), most entrepreneurs think only of patents. In reality, patents are only one of at least eight items that should be in your IP portfolio. The company name becomes your intellectual property at the moment you incorporate your startup as an LLC or a Corporation. Business Plan.

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8 Portfolio Assets Are Key To Your Startup Valuation

Startup Professionals Musings

When someone says Intellectual Property (IP), most entrepreneurs think only of patents. In reality, patents are only one of at least eight items that should be in your IP portfolio. The company name becomes your intellectual property at the moment you incorporate your startup as an LLC or a Corporation. Business Plan.

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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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What Kind Of Company Should You Create?

YoungUpstarts

When you add in legal considerations such as assets, debt liability, and intellectual property (IP) protection it becomes clear that you have a lot to think about before making the choice that’s right for you. Limited Liability Company (LLC). Single-Member LLC. The Most Common Business Entity Forms. Sole Proprietorship.

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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?