Entrepreneurs & Start-Ups

Entrepreneurs & Startups category: Here you will find a variety of blog posts about business topics related to your new company and challenges new business owners face.

4 Things to Know about Corporate Bylaws [Free Template] By Brett Melson Tuesday, May 12, 2020 4 Things To Know about corporate bylawsCorporate bylaws provide the granular detail into how the corporation will operate and what its governance mechanics will be. They also describe the relationship among its Board of Directors, its officers and its shareholders... Read More
Finding Angel Investors for Your Company By Rick Bell Monday, May 11, 2020 Angel groups need applicants that suit their investment criteria. Still, they turn down a majority of applicants because they get so many. Nobody will be turned on by your claiming to be the next Amazon or Facebook. Be confident and direct... Read More
The Delaware Dynasty Trust: Another Delaware Advantage By Rick Bell Tuesday, April 14, 2020 Setting up a Delaware Dynasty Trust is something you should not attempt without top-tier legal advice. Since the purpose is mainly to protect the breakup of your interest in your company, you’ll want it to outlast legal challenges long after you’re gone... Read More
EIN Issuance – Coronavirus-Related Delays and Issues By Jarrod Melson Monday, April 13, 2020 With very few exceptions, anyone forming a U.S. business should obtain an EIN by applying with the IRS. A newly formed business needs an EIN to open bank accounts, take out loans, hire employees, and pay taxes, among other things... Read More
Does the IRS Make Company and Tax ID Information Public? By Brett Melson Monday, March 23, 2020 The IRS releases very little information to the public and takes privacy and confidentiality of personal and business tax-related info very seriously. Only a Responsible Party, an officer of a corporation, partner in a partnership, or general partner of a limited partnership can call the IRS and retrieve an EIN... Read More
What to Consider When Naming a Company By Andrew Millman Tuesday, March 10, 2020 what to know when naming a companyWe can check the company name for any Delaware startup, and typically receive a definitive answer on whether or not it contains any restricted words and if the proposed company name will get approved by the Delaware Division of Corporations... Read More
The Term Sheet – Preliminary Negotiation for a Sale By Jarrod Melson Monday, February 24, 2020 This chapter of our look at selling your small business discusses the Term Sheet – an extremely important agreement created early in the negotiation process between a potential buyer and a business owner... Read More
Preparing Your Small Business for a Sale By Jarrod Melson Monday, February 17, 2020 This discussion of selling your small business provides an overview of the steps a small business owner should take to best prepare and position the business for sale once he or she has determined to sell... Read More
What Is the Foreign Corrupt Practices Act? By Jarrod Melson Monday, February 3, 2020 The FCPA makes it unlawful for certain U.S. persons, U.S. entities and foreign nationals in the U.S. to pay or give anything of value to a foreign government official in order to gain some benefit or otherwise induce the official to use his or her authority to benefit the person or entity... Read More
How to Survive a Recession By Gregg Schoenberg Tuesday, November 19, 2019 You may have noticed a good deal of chatter about whether or not we are headed for a double-dip recession... Read More