If you haven’t been paying attention, this blog will offer a broad overview of AB5, its current status, potential complications you might face, and some examples of ways California businesses and other businesses have responded to the new law.
Whether you plan to hire and train a replacement or plan to shut down, the proceeds from a Key Man policy can help cover outstanding debts, the cost of hiring a temp to fill the position, closing costs, severance packages, and investor payoffs. And, if you plan to continue operations, the monies can also be used to offset any loss of profits while your company is recovering.
As esports continues to grow in popularity, we can expect certain legal issues to arise. The following blog discusses some of the biggest legal issues affecting the world of esports today.
DIY legal companies sell basic forms that apply to many, but not all, circumstances. The problem with using fill-in-the-blank forms when starting a business is that every situation is unique. What may be a simple filing for most businesses may not be for yours.
The manufacture and sale of nutraceuticals are unlike any other consumer good. You must balance FDA requirements, CGMP, and the basics of operating a small business. Start off on the right foot and bring in a startup lawyer.
To give or not to give employee equity, that is the question. One of the first issues startups deal with is how they plan on compensating key personnel. For startups with limited funds, there may not be many options. The want or need to issue equity really depends on your startup’s short and long term goals, as well as its financial capabilities.
One of the biggest concerns for any business is protecting its principals as well as its assets—and keeping personal and business assets separate is paramount. Forming a legal entity is one of the best ways to create a separation of personal and business assets.
There are various website agreements that you need to include on your website. Some of these will be required and others are highly recommended.
With an understanding of the differences between pre-money and post-money valuations, their importance, and how the amount of capital you raise can impact your ownership, you will have a better idea of how much capital you want to raise for your business.
Over the years, many states have implemented online data privacy regulations. As a business owner, it’s your duty to stay up to date with these laws and protect your customers. Failure to do so will not only affect your reputation but can destroy your bottom line. For startups, there are a few things you need to know about data privacy laws.