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.

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
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
4 Common and Avoidable Start-Up Mistakes By Andrew Millman Monday, November 11, 2019 Common and Avoidable Start-Up MistakesTry to avoid these common start-up mistakes so you won't waste money or time when you are busy running your new company... Read More
Who Will Invest In Your Company? By Rick Bell Monday, October 14, 2019 how to find angel investorsWhen you’re just starting out and looking for investors for your new company, forget the standard sources of capital; forget the banks; forget the Venture Capital firms; forget the finance companies; and forget the Small Business Association... Read More
Should You Reserve a Company Name in Delaware? By Andrew Millman Tuesday, September 10, 2019 should I reserve a company nameIn most cases, a name reservation is not necessary and can actually delay the process and incur additional expenses. However, there are some scenarios where a name reservation would make sense... Read More
Delaware 2019 Swimming with the Sharks Pitch Competition By Michael Kupfer Monday, September 2, 2019 Taking place on November 1, 2019, the event gives three entrepreneurs the opportunity, Shark Tank-style, to impress a panel of judges with their startup concept. The winner will receive a prize package headlined by a $10,000 check. However, there are a few steps to take before the prize is within reach... Read More