One of the commonly asked questions that entrepreneurs
ask their attorneys when forming a company is where to incorporate it. Most
frequently, companies choose between incorporating in their home state and
registering in Delaware.
Typically, the first people that start-up founders turn
to for financing are their friends and family. Of course, most friends and
family members are not going to worry about valuations, projections, business
strategies. They invest because of their...
Previously, I wrote
about the pros and cons of incorporating in Delaware as a small business owner.
My conclusion was that, for most small companies, the disadvantages
outweigh any advantages. In this piece, I'll cover my thoughts on another...
In my previous blog post, I described the federal and
state laws that apply to friends and family rounds of financing. To an
entrepreneur trying to raise only $100,000, this will sound complicated and
even overwhelming, as well as expensive. Preparing...
In this post, I decided to go over the first steps a
founder should take (in my humble opinion) to start his or her own business.
What should come next, after you get an idea for a business? Well, you would
most likely want to run it by your friends...