News & Analysis as of September 24, 2024

Startups

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Business formation is the process of establishing a legal entity to carry out a particular entreprise. The law provides several entity options, each with its own advantages and disadvantages. Limited Liability Corporations (LLC), Limited Liability Partnerships (LLP), and S-Corporations are a few examples of available options. When forming a business, founders can choose whichever entity-type best aligns with their specific tax and liability needs and considerations. Other important aspects of forming a business include drafting a comprehensive business plan, choosing appropriate insurance, establishing personnel policies and protecting intellectual property. less -

The Force is Strong with this One – Success and Paying it Forward with Co-Founder of ChannelAdvisor and Spiffy Scot Wingo

Hutchison PLLC on 4/10/2024

Do you remember when it was rare to have a computer at home? For Scot Wingo, growing up in Aiken, South Carolina, having a computer wasn't just a luxury—it was a unique advantage that would shape his entrepreneurial journey....more

Starting a Business in 2022? Top Things You Need to Know

Foster Swift Collins & Smith on 2/28/2022

You're leaving your current job because you have an idea for starting your own business in 2022. In your head, the business plans look incredible and you will be working on something you're truly passionate about. But where...more

UK Government Announces Funding for Innovative Companies, New COVID-19 Future Fund

Morgan Lewis on 4/28/2020

The UK government has announced two new schemes for funding to innovative companies and startups, launching in May 2020. ...more

What Types of Insurance for Startups? Consider Your Risks and Liabilities

JD Supra Perspectives on 3/22/2019

Attorneys at White and Williams explain the types of insurance new businesses should consider, based on risk and liabilities. ...more

Best In Law: Starting A Business? - Partner Glen Price Gives Tips on Compliance and How to Spend Your Cash Wisely

Best Best & Krieger LLP on 5/23/2018

For the small business person and entrepreneur, cash is king. It is a scarce resource, and you need every dollar to develop products, buy inventory, hire employees and attract customers. There is not always a lot of resources...more

Legislation Creating Small Business Advocacy within the SEC Heading to the President’s Desk

Stinson - Corporate & Securities Law Blog on 12/13/2016

On December 10, the SEC Small Business Advocate Act was approved by the Senate, clearing the way for signature by the President. The measure, which creates an advocacy office for the interests of small businesses within the...more

International Entrepreneurs New Proposed Work Authorization for Founders of Start-Up’s And a Comparison to Other Visa Options

Sheppard Mullin Richter & Hampton LLP on 9/13/2016

On August 31, 2016 the Department of Homeland Security (DHS) proposed an “International Entrepreneur” (I.E.) rule that would allow qualifying foreign investors to develop and grow their start-up companies in the United...more

Proposed International Entrepreneur Rule Gives Startup Founders Temporary Stay in U.S.

Perkins Coie on 9/1/2016

The U.S. Citizenship and Immigration Services (USCIS) and Department of Homeland Security (DHS) last week proposed a new rule that will allow certain immigrant startup founders to receive “parole” or temporary permission to...more

U.S. Immigration Proposes Solution for International Entrepreneurs

Carlton Fields on 9/1/2016

Current visa options limit the ability of foreign national entrepreneurs to start and grow companies in the United States. As a result, the United States is less able to attract the world’s very best and most innovative...more

The “Shark Tank Visa”: Proposed Rule Opens Door for Foreign Entrepreneurs

Burr & Forman on 8/31/2016

Last Wednesday, the Department of Homeland Security (“DHS”) announced a proposal that would allow foreign entrepreneurs to enter the United States to operate high-growth, job-creating startup enterprises. As with other...more

Failing to Choose the Best Entity Structure for Your Business - Pay Me Now or Pay Me Later - Common Legal Mistakes Made by Small...

Poyner Spruill LLP on 7/7/2016

Pay Me Now or Pay Me Later is a series of short tips on common legal mistakes small business owners make. Tip #1 - Failing to Choose the Best Entity Structure for Your Business...more

Legal Considerations for Web Based Start-Ups

Buchalter on 12/15/2014

Mobile Internet usage is predicted to grow faster in the next few years, making online or web based businesses great opportunities. A leading forecaster found that global mobile internet usage leapt from 14 percent to 25...more

8 Legal To-Dos Before Your First Investment

Cooley LLP on 9/15/2014

So, you’re about to raise money for the first time. Good luck! Before you start approaching VC firms for pitch opportunities, though, be aware that investors typically expect a certain amount of organization and structure...more

Joining the Crowd - Investing profitably in equity crowdfunding

Sheppard Mullin Richter & Hampton LLP on 1/9/2014

Crowdfunding is a word you’ve heard a lot since the passage of the JOBS Act in 2012. But what is crowdfunding, and, more importantly, how you can use it to invest profitably? What Is Crowdfunding? - Crowdfunding...more

The Changing Landscape of Seed Stage Financing, Part III: Revisiting the Debt vs. Equity Dilemma

Foley & Lardner LLP on 9/24/2013

In the third and final installment of this blog post series, we’ll return to last week’s question (Should I sell convertible debt or equity?), and consider the other side of the coin: choosing equity instead of debt. We’ll...more

Do I Need An Entity for My Business? Cont…

Chambliss, Bahner & Stophel, P.C. on 9/17/2013

As we discussed before, most people end up operating their business through an entity of some sort. However, there are some individuals who do not necessarily need an entity and can operate their business as a sole...more

It's Your Business News -- August 2013

McNees Wallace & Nurick LLC on 8/6/2013

In This Issue: Making the ‘Right’ Choice; Top Ten Mistakes Businesses Make Regarding Insurance; and You’ve Got the Job, Details Will Follow. Excerpt from Making the ‘Right’ Choice - You have the idea, you...more

Making the ‘Right’ Choice

McNees Wallace & Nurick LLC on 8/2/2013

You have the idea, you have the funds, and you are ready to start your very own business! Now what?! Whether this is the first and only time you will do this or whether you are an established entrepreneur, one of the...more

"Do Not Climb Without a Rope": A Necessary Partnership Between Entrepreneurs and Attorneys

Foley & Lardner LLP on 7/30/2013

In growing a startup, entrepreneurs must choose among a plethora of potential advisors and mentors from various disciplines. Instinctively, many new entrepreneurs turn first to seasoned serial entrepreneurs for advice, but...more

EB-5 Funding: A Possible Financing Option for Commercial Ventures Undertaken by Colleges and Universities

Mintz - Immigration Viewpoints on 7/25/2013

Universities and colleges seeking to start commercial ventures should consider raising capital through the EB-5 program. If you are a university or college and you are considering building a new student union or a stadium as...more

Venture Perspectives: New England Edition - First Quarter 2013

Foley Hoag LLP on 7/8/2013

In This Issue: - Activity Level of New England Transactions: All Rounds - Activity Level of New England Seed Transactions - Activity Level of New England Series A Transactions - Activity Level of New...more

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