Starting a Business: The Legal Details

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Check out our presentation on everything you need to know to start your business. Part of the workshop was covered in this Inc.com piece: http://www.inc.com/laura-montini/why-you-should-consider-a-founders-agreement.html

Published in: Business, Career

Starting a Business: The Legal Details

  1. Starting Your Own Business The Legal Details
  2. I have an idea…
  3. Cofounders
  4. Image courtesy of Claire Topalian, UpGlobal
  5. Going into business together is like getting married. ! Sometimes things don’t work out. ! Make sure to protect yourself.
  6. Consider: ! Nondisclosure Agreement ! Founders Agreement ! Vesting Schedules
  7. Image courtesy of tvscreener.com
  8. What’s in a name?
  9. Image courtesy of Citizen Tekk
  10. The money question
  11. Image courtesy of GQ
  12. Getting it started…
  13. Choosing a Business Entity
  14. Your Choices: ! Sole Proprietor ! Partnership ! Corporation ! C-Corporation* S-Corporation ! Limited Liability Company ! Social Ventures ! Flexible Purpose Corporation Benefit Corporation
  15. Choosing a State
  16. Image courtesy of San Diego Free Press
  17. Equity
  18. Investors
  19. Types of Investors: ! Angel Investors ! Seed Investors ! Early Stage ! Late Stage ! Social Impact
  20. Licenses
  21. Image courtesy of Wikimedia
  22. Image courtesy of Wikimedia
  23. Protecting Your IP
  24. Trademarks
  25. Image courtesy of Kluger, Kaplan, Silverman, Katzen & Levine L.P.
  26. Do you need a patent?
  27. To employ or not to employ?
  28. Employees v. Independent Contractors
  29. It’s about control
  30. Ask Yourself… ! Will I control… ! the way the work is performed? ! or where the work is performed? ! Am I… ! the worker’s primary source of income? ! providing benefits? !
  31. Considerations
  32. Taxes ! Federal ! Social Security = 6.2% Medicare = 1.45% FUTA = 6.2% on first $7,000 ! State ! Unemployment Insurance = 3.4% on first $7,000 ! Employer Training Tax = 0.1% on first $7,000 ! Local ! San Francisco = 1.5%
  33. ?
  34. Lawyer Stephanie Margossian @samargossian margossian@gamallp.com gamallp.com
  35. Starting Your Own Business The Legal Details

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