Founders Agreements: A Comprehensive Guide

Everything you need to know about preparing a  Founders Agreement for a New Startup + Templates, Samples, Founder's Agreements and more ► Startups and Ventures Practice ► Basics of Founders Agreements Founders agreements can be one of the most important tools for a new start up, or existing startup that is on the verge of receiving investment funds. [...]

Business Tax Calculator – Sole Proprietorship vs C Corp vs S Corp vs LLC

Could Forming an LLC, S Corp, or C Corp Save You Business Taxes? One of the top questions that clients ask is for real life example of how switching to a C Corp,  S corporation, or LLC could benefit them from a tax perspective.  Obviously, there are many variables the determine your overall tax rate from a [...]

Should I Form an LLC or a Corp?

If you are thinking about starting a new company, chances are, you have probably wondered whether you should form an LLC or a Corporation. It doesn’t help that the differences are sometimes confusing, when considering that taxation, accounting, management, and operational issues can influence which entity is more favorable.  We've put an overview together to [...]

Having Trouble Getting Investor Funding For Your Startup? Here are Some Tips.

You have a great concept, a great team,  and are prepared to quit your day job and do anything to get your startup off the ground. The problem is, not a single soul seems to be interested in investing in your startup. Maybe months have gone by without hearing back from a single angel, investor [...]

Help! My Startup Is Going Nowhere. What am I Doing Wrong?

 You have a great idea. You are prepared to work to death. Maybe you have even assembled talented team. But no matter what you do, you can’t seem to get any funding or traction for your startup.  What are you doing wrong? Is this a sign your startup is doomed? Take a Step Back. Before you [...]

What is a Restricted Stock Purchase Agreement and Why Have One?

A restricted stock purchase agreement is common among startups and ventures, but many founders wonder why it is used, its advantages, and disadvantages. Here’s a quick guide that provides an overview. What Is A Restricted Stock Purchase Agreement? A restricted stock purchase agreement often comes up during the course of issuing stock to the new [...]

Do Founders Really Need a Restricted Stock Purchase Agreement for Founder’s Shares?

One of the basic issues founders are confronted with is whether they should take their founders' shares of the startup subject to a restricted stock purchase agreement, or outright with no restrictions on the shares. What is an RSPA? What's it good for? Is it really necessary? Here are some thoughts to help answer questions that [...]

What is a Registered Agent and Why Does a Business Need One?

In California, all businesses must have a registered agent. A registered agent,  also known as a resident agent or statutory agent, is a business or individual designated to receive service of process when a business entity is a party in a legal action such as a lawsuit or summons. The registered agent is the person authorized [...]

The Taxman Cometh: Tips for Navigating the Tax Consequences of Crowdfunding Money

Congratulations, your 2014 startup campaign was a HUGE success and you raked in gobs of money.  Now, with the new year here and tax return deadlines slowly approaching, will you be prepared to pay taxes on all those receipts? While crowdfunding is a great way to raise money for projects, ventures, films, music, or charities, most [...]

Can the Same Person be President/CEO, Treasurer/CFO and Secretary of a Corporation or LLC?

Whether at the initial founding stage or for annual meetings and officer elections, a question that comes up a lot is whether the same person can act as President or CEO, Treasurer or CFO, and Secretary, all at the same time, of C Corp, S Corp or LLC. Generally, the answer is yes.   If [...]

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