Crowdfunding Update- SEC Adopts New Rules for Investments under Reg A+

Asset Protection | Estate Planning, Crowdfunding Per JOBS Act, Dodd-Frank, SOX, JOBS, & Legislation, Startup 101, Uncategorized

Crowdfunding is going to continue to explode in the near future. On March 25, 2015, the SEC adopted new rules to implement the provisions of the JOBS Act and Regulation A surrounding raising capital up to $50 million by smaller companies and, most likely, raise that...

Flat Fee Lean Start-Up Business Legal Package Guide

Lean Start-up - How to Save Money, Startup 101

Many entrepreneurs and founders are hesitant to talk to an attorney for fear of the dreaded hourly billing or unknown costs.  The other concern is that many people fear or don’t want to deal with lawyers, either because they don’t know what to expect or...

Business Start-Up Toolkit- A Guide to Lean Startup Legal & Advisors

Hiring Small Business / Start-up Advisors, Startup 101, Uncategorized

I was reading an article in this month’s (June 2012) Entrepreneur magazine by Ann C. Logue entitled “Beyond the Handshake- Having a business partner can be valuable.  Having the wrong-or no-partnership agreements can be disastrous.”  It details the...

Can I pay a startup attorney with stock or options?

Hiring Small Business / Start-up Advisors, Lean Start-up - How to Save Money, Startup 101

So a major issue faced by many startup founders, especially when they are bootstrapping, self-funded, or just watching their cash, is how they can get legal or other services with little to no cash.  The fall back position is to give the advisor or service provider a...

What do I look for in a business or startup attorney?

General Startup Advice, Hiring Small Business / Start-up Advisors, Lean Start-up - How to Save Money, Startup 101

One of the biggest questions small business owners or founders have when it comes to early stage business issues is when do they need to hire an attorney and how do they pick one.  I will explain what I think are important qualities and how an attorney can be...

I hired a developer and they now claim they have a copyright on the code, how did this happen?

Licensing Issues, Startup 101

In this day of a new app being developed every day, how does the company owner or management know who owns the code developed and when they could lose control over it? Most issues of ownership for software code fall into areas of copyright (a form of intellectual...