It is not uncommon today for many people to hold more than one job. Many full-time employees often find themselves “moonlighting”—a term used for working a second job after one’s regular form of employment—in order to make ends meet. Sometimes, these jobs are launched by the individual who is attempting to draw a source of […]
The rapid growth in the number of recent startups is intimidating. As more and more novel products and services make their way to market, startups should be concerned with protecting their intellectual property. But, what exactly is intellectual property? Intellectual property, IP, is defined by the World Intellectual Property Organization as “creations of the mind, […]
Cofounders of startup companies face many decisions. One of the most pressing decisions that cofounders must make during entity formation is whether each cofounder should get an equal number of shares. While 50-50 is a perfectly acceptable manner in which to divide the company’s equity, that construct may not be fair to every cofounders. The […]
Startup companies face numerous challenges. Every entrepreneur begins their journey with the hopes becoming the next “unicorn.” Regrettably, the overwhelming likelihood is that the startup will fail within a couple of years from inception rather than becoming a privately-held company valued at $1 billion or more in assets. Notwithstanding the long odds, entrepreneurs should be […]
One of a startup’s most important decisions will be selecting a business entity that suits its specific needs. The selection of a business entity impacts the manner in which a startup’s owners are exposed to liability, are taxed, and are able to raise capital through the sale of stock. It will also affect the number […]
Once the decision has been made to incorporate the startup instead of operating as a sole proprietorship, a partnership, or a limited liability company, the decision-making responsibilities are still not over. The next important decision to be made is whether to operate as a C-corporation or to elect to operate as an S-corporation. The C […]
One of the most common concerns from prospective California corporate owners is regarding the costs of incorporation. While this may seem like a fairly straightforward question, the answer is anything but simple. Every corporation is different with its own business goals and objectives. Many different factors should be considered when starting your corporation to ensure […]
Many people are turning to crowdfunding in Silicon Valley California in order to fund new startups, non-profit projects, and product development. A multitude of new websites such as Kickstarter, GoFundMe, and Indiegogo provide startups with easy access to numerous, potential, worldwide investors through the internet. Today’s mainstream crowd-sourcing came into existence through the JOBS Act. […]
Funding is perhaps the most important aspect of many startups. You can have all the ideas possible but if you do not have the capital to develop those ideas into a marketable product or service, your business will not get off the ground. Funding is especially important if your business will require a brick and […]
If all goes according to plan, your startup should be looking to expand and grow. The necessity to hire someone is often inextricably attached to a startup’s growth and expansion. Startups looking to add additional workers may elect to hire someone who is classified as subcontractors, temporary agencies, labor brokers, franchising management, or licensing and […]