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What is the GDPR?

Posted by Adam Blaier | Oct 17, 2019 | 0 Comments

The General Data Protection Regulation, or GDPR, is a set of rules enacted in the European Union, setting new and higher standards for privacy rights of individuals located in the EU and obligations imposed on controllers and processors either located in the European Union or located outside, but to which the GDPR applies. It is consistent throughout EU member countries and will have a global impact. The regulations were enacted on April 26, 2016; enforcement began on May 25, 2018.

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Common Pitfalls of Raising Capital at the Seed Stage

Posted by Adam Blaier | Aug 06, 2019 | 0 Comments

For startups, raising money at the seed stage can be difficult, but this is probably when your business needs money the most. If your startup finds a venture capitalist ("VC") or angel investor ("Angel") willing to invest in your startup at the seed stage, you should avoid these four common pitfa...

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Why You Need a Founder's Agreement; Relationship or Not

Posted by Adam Blaier | Jun 26, 2019 | 0 Comments

In the initial stages of a startup, co-founders will spend a significant amount of time taking the steps to transform their ideas into reality. Money may be tight, and they may consider skipping the Founder's Agreement, assuming that each partner will uphold your handshake agreement and never leave the company.

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Why C-Corps are the Preferred Entity for Startups

Posted by Adam Blaier | Jun 19, 2019 | 0 Comments

Selecting a corporate structure for your startup is one of the most difficult decisions a new business owner must make. Choosing a structure that does not meet your business goals can have long-lasting or unintended consequences. A C-Corp is the preferred entity for startups because it allows you to have the flexibility to bring on multiple investors, while simultaneously offering you personal liability protection and potential tax benefits.

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Business Owners Need to Protect Themselves Against Personal Liability

Posted by Adam Blaier | Jun 12, 2019 | 0 Comments

As a startup or small business owner, you have endless decisions to make for your company. One of the most important is how you can protect yourself from personal liability. Forming a legal entity, scrutinizing business contracts, obtaining insurance, and keeping good records are just some of the ways you can reduce your liability profile.

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Have Your Independent Contractors Become Employees?

Posted by Adam Blaier | Jun 04, 2019 | 0 Comments

Throughout various stages, your startup or small business may work with independent contractors ("I.C.s") to meet the ever-changing needs of your company. Using I.C.s allows you to pay for services, such as software/app development and sales, without the need to have a fixed employee salary or providing benefits, and thus, potentially saving your business money. However, the IRS has specific guidelines for determining if the people who work for you are I.C.s or if they are really employees.

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Why every startup should know about Phantom Equity

Posted by Adam Blaier | Mar 07, 2019 | 0 Comments

Startups that are bootstrapping or tight on cash may find themselves in a situation where they want to bring new talent on-board but aren't able to pay a full or any salary at that stage of the game. Sometimes they look to provide equity in the company and thus ownership. Phantom Equity is a great medium where both parties can get something they want.

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What are SaaS, PaaS, and IaaS?

Posted by Adam Blaier | Feb 19, 2019 | 0 Comments

A growing and vibrant area of the gig-economy revolves around the idea that a service, platform, or infrastructure shouldn't be physically stored on a computer or on-site, but rather cloud-based for a subscription fee. This blog will discuss the differences between software as a service (SaaS), platform as a service (PaaS), and infrastructure as a service (IaaS).

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When to Hire a Lawyer for Your New York Startup

Posted by Adam Blaier | Feb 12, 2019 | 0 Comments

Early in their life cycles, startups are often strapped for cash, and you may think that you can take on the legal work yourself. An experienced startup attorney is a valuable asset to your business.The startup lawyers at the Law Office of Elliott J. Brown understand the challenges that new startups face, and can effectively guide you t...

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Worst Legal Mistakes Startups Make in New York

Posted by Adam Blaier | Feb 05, 2019 | 0 Comments

When you decide to launch your New York startup, your attention is focused on creating the perfect product, hiring the best employees, and finding an office space in just the right location. Legal issues are the last thing on your mind, but without proper attention, these can lead to costly litig...

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What Are Your Trademark Rights?

Posted by Adam Blaier | Jan 29, 2019 | 0 Comments

A trademark is a symbol, design, word, or phrase that distinguishes one business's products from another. A service mark is a symbol, design, word, or phrase that distinguishes one business's services from another. The term "trademark" is commonly used to refer to both trademarks and service mark...

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Things Your Startup Must Know About Intellectual Property

Posted by Adam Blaier | Jan 23, 2019 | 0 Comments

When you found a startup, you have a lot on your mind at the beginning -- hiring the right employees, attracting customers, choosing an office space -- and you may not think about how your intellectual property (IP) affects your ability to do business. IP, however, is your startup's most valuable...

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What's the Difference Between Copyright, Trademark, and Patent?

Posted by Adam Blaier | Jan 17, 2019 | 0 Comments

Your Intellectual Property (IP) is a valuable asset for your business. In the digital age, you need to protect your IP from infringement, misappropriation or the like. The type of protection you need depends on the type of IP involved. The Law Office of Elliott J. Brown understands the importance of properly protect...

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What is International IP & When Do You Need It?

Posted by Adam Blaier | Jan 04, 2019 | 0 Comments

The United States has certain registration requirements for copyrights, patents, and trademarks, which makes protecting your Intellectual Property (IP) straightforward with good legal representation. However, when you want to operate in a global market, you need to understand each country's uniqu...

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