TIC-TOC: Legal Issues you may not be thinking about with Telarus legal counse...SaraPia5
Whether you are a brand new business, single proprietor, an established business, or preparing to retire, there are legal issues you and your business may be facing. This TIC-TOC with Rich Goates will give you some ideas of things you may not be thinking about and at least point you in the right direction on how to address those issues.
TIC-TOC: Legal Issues you may not be thinking about with Telarus legal counse...SaraPia5
Whether you are a brand new business, single proprietor, an established business, or preparing to retire, there are legal issues you and your business may be facing. This TIC-TOC with Rich Goates will give you some ideas of things you may not be thinking about and at least point you in the right direction on how to address those issues.
How to cut your taxes, protect your assets, and protect your intellectual property
Presentation delivered at the CEDEC Doing Business in Quebec conference
Buy a business and forget the job but be careful and mindful. You can get a great deal out there but take a look at some of the key steps you will need to consider to make a successful business acquisition.
How to Position Your Startup for VC Fundingideatoipo
During this webinar, you will learn the basics of the venture model and path along with the necessary steps to take so that your company’s legal structure is an attractive investment. The discussion will cover:
1. Why a Delaware C-Corp is the most-common structure
2. How to document the relationship of the founders and early employees
3. The typical funding stages of a successful startup
4. An overview of convertible debt and SAFEs
5. Why it’s critical to run pro forma cap tables before financings
6. What happens in a venture financing
7. Why compliance with securities laws is important
8. Common legal mistakes in raising capital
9. And much, much more
Come with your questions and get ready to be excited about venture funding!
How Your Startup Can Raise Venture Capital in the COVID-19 Eraideatoipo
This presentation will cover some of the key topics that you will need think about as you prepare your startup for venture capital funding.
The speaker will address the following and provide context for the COVID-19 era:
1) Should you be raising money from venture capital investors yet, or does it make sense to seek more angel/friends and family financing to allow you to better succeed when you seek venture capital funding?
2) What kinds of marketing documents will you need?
3) Do you have a compelling team, including the right advisors?
4) Who are your targets?
5) Is your pitch and presentation ready for a prime time audience?
6) Can you effectively answer the questions you will face?
7) Is your company prepared for legal due diligence?
The speaker, veteran startup and corporate attorney Greg Chin of Duane Morris LLP, has seen hundreds of startups succeed and fail.
Greg will address these issues and more!
A deposit is a pre-agreed instalment towards the purchase price in a sale contract.
The Courts have held that the 2 functions of a deposit are to be:
- an earnest commitment to bind the bargain, which means a deposit acts as an indication the Buyer is serious in carrying out the bargain; and
- a guarantee of due performance, that is security of the performance.
A deposit is usually paid at or upon shortly upon the buyer’s signing of the contract.
Usually, a deposit should be no more than 10% of the total purchase price, and commonly may be less. Note: there is no specific laws on that deposit percentage amount per se*.
The other practical, commercial and financial reasons for why a deposit is useful:
> Often the seller will incur not-insignificant fees and expenses (e.g. sale preparatory work and undergoing due diligence, applying to lessor for consent to assignment of lease etc), independent of whether the actual contract proceeds to settlement or completion. So may be also used to partially-compensate for some of those costs incurred If the buyer ultimately walks away”.
> Loss of potential, other sale opportunities during the express or implied exclusivity period during the conditions precedent of sale contract. This could be months or longer
> It's good to have the buyer show it has “skin in the game” by having such "hurt money" put upfront on & the table.
Tip: Even with the best of Confidentiality Deeds/NDAs , the deposit helps reinforce the value and proprietary nature of the seller’s business or entity.
> Not uncommonly, the Buyer entity may be newly-established . Therefore, if there is default or repudiation, even if they are subsequently pursued by the seller, the Buyer may not have any actual capitalisation to be realised against!
> Lastly, if a buyer or won’t (or can’t!?) put up even the deposit, then you should have serious concerns about their financial capacity to commit all the way through the transaction.
When it comes to taxes, we often want to get them over with as soon as possible. That makes it easy to accidentally overlook tax deductions. Use this guide to make sure you're taking advantage of all the tax deductions available to you!
The Source Method™ is founded on the principles of innovation and diversification. One of these innovations is the proven process of self-directing. Regardless of the resources you have used in the past, you can initiate this process now and seize control of your ailing retirement portfolio.
The Source Method™
“A private solution to a public sector problem”
The wealthiest segment of America has learned an important secret—wealth is not created by mutual funds, but rather by people. That’s right, financial success is built on powerful business and personal relationships. This is where The Source Method™ can help you achieve dreams, to which you never thought you had access.
Planning how to transition out of your business is a critical decision for executives and entrepreneurs. If you’re considering selling the business – either to external or internal interests – get a head-start on the process with these questions you’ll want to have or find answers for if you decide to sell.
Eber Devine: Being an entrepreneur is not less than a challenge. A leader has to wear so many hats and need to take so many responsibilities. Therefore, building or signing a contract required a lot of knowledge and attention. This is where you need a business lawyer who can take responsibility and protect your entity legally.
How business continuation planning could help preserve your business by providing a smooth transition of ownership and control.
Family-owned businesses are the backbone of the American economy. Yet many small-business owners make a costly mistake: They have no business continuation plan. This leaves the future of their businesses to chance.
How to cut your taxes, protect your assets, and protect your intellectual property
Presentation delivered at the CEDEC Doing Business in Quebec conference
Buy a business and forget the job but be careful and mindful. You can get a great deal out there but take a look at some of the key steps you will need to consider to make a successful business acquisition.
How to Position Your Startup for VC Fundingideatoipo
During this webinar, you will learn the basics of the venture model and path along with the necessary steps to take so that your company’s legal structure is an attractive investment. The discussion will cover:
1. Why a Delaware C-Corp is the most-common structure
2. How to document the relationship of the founders and early employees
3. The typical funding stages of a successful startup
4. An overview of convertible debt and SAFEs
5. Why it’s critical to run pro forma cap tables before financings
6. What happens in a venture financing
7. Why compliance with securities laws is important
8. Common legal mistakes in raising capital
9. And much, much more
Come with your questions and get ready to be excited about venture funding!
How Your Startup Can Raise Venture Capital in the COVID-19 Eraideatoipo
This presentation will cover some of the key topics that you will need think about as you prepare your startup for venture capital funding.
The speaker will address the following and provide context for the COVID-19 era:
1) Should you be raising money from venture capital investors yet, or does it make sense to seek more angel/friends and family financing to allow you to better succeed when you seek venture capital funding?
2) What kinds of marketing documents will you need?
3) Do you have a compelling team, including the right advisors?
4) Who are your targets?
5) Is your pitch and presentation ready for a prime time audience?
6) Can you effectively answer the questions you will face?
7) Is your company prepared for legal due diligence?
The speaker, veteran startup and corporate attorney Greg Chin of Duane Morris LLP, has seen hundreds of startups succeed and fail.
Greg will address these issues and more!
A deposit is a pre-agreed instalment towards the purchase price in a sale contract.
The Courts have held that the 2 functions of a deposit are to be:
- an earnest commitment to bind the bargain, which means a deposit acts as an indication the Buyer is serious in carrying out the bargain; and
- a guarantee of due performance, that is security of the performance.
A deposit is usually paid at or upon shortly upon the buyer’s signing of the contract.
Usually, a deposit should be no more than 10% of the total purchase price, and commonly may be less. Note: there is no specific laws on that deposit percentage amount per se*.
The other practical, commercial and financial reasons for why a deposit is useful:
> Often the seller will incur not-insignificant fees and expenses (e.g. sale preparatory work and undergoing due diligence, applying to lessor for consent to assignment of lease etc), independent of whether the actual contract proceeds to settlement or completion. So may be also used to partially-compensate for some of those costs incurred If the buyer ultimately walks away”.
> Loss of potential, other sale opportunities during the express or implied exclusivity period during the conditions precedent of sale contract. This could be months or longer
> It's good to have the buyer show it has “skin in the game” by having such "hurt money" put upfront on & the table.
Tip: Even with the best of Confidentiality Deeds/NDAs , the deposit helps reinforce the value and proprietary nature of the seller’s business or entity.
> Not uncommonly, the Buyer entity may be newly-established . Therefore, if there is default or repudiation, even if they are subsequently pursued by the seller, the Buyer may not have any actual capitalisation to be realised against!
> Lastly, if a buyer or won’t (or can’t!?) put up even the deposit, then you should have serious concerns about their financial capacity to commit all the way through the transaction.
When it comes to taxes, we often want to get them over with as soon as possible. That makes it easy to accidentally overlook tax deductions. Use this guide to make sure you're taking advantage of all the tax deductions available to you!
The Source Method™ is founded on the principles of innovation and diversification. One of these innovations is the proven process of self-directing. Regardless of the resources you have used in the past, you can initiate this process now and seize control of your ailing retirement portfolio.
The Source Method™
“A private solution to a public sector problem”
The wealthiest segment of America has learned an important secret—wealth is not created by mutual funds, but rather by people. That’s right, financial success is built on powerful business and personal relationships. This is where The Source Method™ can help you achieve dreams, to which you never thought you had access.
Planning how to transition out of your business is a critical decision for executives and entrepreneurs. If you’re considering selling the business – either to external or internal interests – get a head-start on the process with these questions you’ll want to have or find answers for if you decide to sell.
Eber Devine: Being an entrepreneur is not less than a challenge. A leader has to wear so many hats and need to take so many responsibilities. Therefore, building or signing a contract required a lot of knowledge and attention. This is where you need a business lawyer who can take responsibility and protect your entity legally.
How business continuation planning could help preserve your business by providing a smooth transition of ownership and control.
Family-owned businesses are the backbone of the American economy. Yet many small-business owners make a costly mistake: They have no business continuation plan. This leaves the future of their businesses to chance.
Financial advisors provide advice relating to investment strategies, mutual funds, bonds, and stocks, and their knowledge is more necessary than ever as Baby Boomers near retirement. Here's how to start your career as a financial advisor. In other words financial planning is the process of assisting the house owners in meeting their goals like child’s education, car purchase, vacation, retirement and so on, by way of appropriate management of the finances.
For more information visit now http://www.financialadvisertips.com
A business succession plan helps you plan what your business will become when you retire and how your business fits into your retirement plan. Even if you think you’re years away from slowing down, the need to address these questions is a pressing one – you need to put an exit strategy in place today.
Here's my "Artist's Guide To Owning & Operating a Business." It's for creative entrepreneurs that want to help get their business up and running quickly. Contact my office to supercharge the findings in my report!
For many business owners, estate planning and business succession planning is the furthest thing from their minds when starting a business; this presentation talks about why it needs to be one of the first things on their minds
Fund Raising, an art, not mastered by all the founders. About 90% of the startup fails to convert their business plan into investor consent. What are the steps followed by remaining 10% who succeed in closing the deal? What are the “Does & Don’t’” to be followed by a Startup- to raise fund from investors? What are the measures/precautions to be followed by startup to be picked by investors? Many a times, investor may agree preliminary, however, at a later stage they refused to move ahead, even the additional concessions offered do not motivate the investors. There are several questions which a founder had to face but failed to knock the right opportunity.
US real estate equity builder Kansas City (usreeb) specialize in residential, commercial, and rural property sales as well as property management services
This presentation is going to take a look at the financing of a business purchase.
If you are selling a business it will give you a guide as to what and how buyers can fund the acquisition.
3. A key consideration in planning for the success of your business is understanding its value. What is your business worth? What will it be worth in 5, 10 or even 15 years?
4.
5.
6.
7. So, What Is It? With proper business continuation planning, you can help ensure that your business, and the people whose incomes & lives depend upon it, will succeed when you’re no longer around.
8. Usually called a “buy-sell” agreement, proper business continuation planning answers the question, “Who will take over my business should I die prematurely, become disabled, or simply decide to retire?” So, What Is It? Business Continuation Planning is developing, and then implementing, a plan of succession.
9.
10.
11.
12.
13. Consider the following real-life IRS challenges to what these individual business owners thought their businesses were worth.
14. Note: These results are based on specific cases that may or may not be representative of other situations and cases.
15. A properly drafted buy-sell agreement could save you, your company, and your heirs thousands of dollars and ensure that your assets are passed on quickly and without delay.
16.
17. The following chart indicates the odds of at least one death occurring before age 65 to any one person out of one, two, or three persons. Do I Really Need One? Do you really need a buy-sell now?
18. In addition to providing a plan of succession, business continuation planning can also save you thousands of dollars and hours by eliminating the potential costs, delays, and frustration of IRS contests & litigation. Finally…