Legal Structures and Basics for Small Business
If you are thinking of starting a business but aren't sure how to navigate the dreaded tax laws and legal issues that come with owning a business, then this is for you! This will discuss company ownership structure and how entrepreneurs should weigh their legal and financial options to find the ones that best fit their particular situation.
Business Law 101 aka Why the Heck Do I Need a Business Lawyer?Jeffrey O'Brien
An overview of basic business law concepts and a discussion of some common mistakes which your business attorney - if you have one, that is -- can help you avoid.
Legal Structures and Basics for Small Business
If you are thinking of starting a business but aren't sure how to navigate the dreaded tax laws and legal issues that come with owning a business, then this is for you! This will discuss company ownership structure and how entrepreneurs should weigh their legal and financial options to find the ones that best fit their particular situation.
Business Law 101 aka Why the Heck Do I Need a Business Lawyer?Jeffrey O'Brien
An overview of basic business law concepts and a discussion of some common mistakes which your business attorney - if you have one, that is -- can help you avoid.
Top 5 Labor/Employment Law Risks for a Company in 2010Tom Daly
Do you know what a company’s top 5 risks are, from a labor-employment law standpoint? Our speaker, Ben Banta with The Kullman Law Firm will discuss those risks, which include the recently expanded federal disability law (ADA), cutting-edge workplace privacy issues, state laws that you may not know about, and much more.
Ten Laws Internet Businesses Should Consider Part IRyan K. Hew
This Part 1 of a 2-part presentation surveys several five laws that may be applicable to those who transact or conduct a lot of business online. In Part 1, the Communications Decency Act, Digital Millennium Copyright Act, Children's Online Privacy Protection Act, Federal Trade Commission Act Section 5, and CAN-SPAM Act are reviewed.
A look at contracts for owners, managers, engineers, and scientists. You can minimize problems and get paid faster if you pay attention to practical matters.
Is “your work” covered under your general liability policy? Although damage to “your work” may be excluded from coverage under the standard general liability form, there is an important exception to that exclusion for work that is performed by your subcontractors. Join us to learn more about this important exception and how you can maximize insurance coverage for claims regarding “your work.”
The webinar presentation examines the trending issues of the compliance world, including the CFPB’s regulatory approach, hot mortgage topics, recent cases of note, and TILA/RESPA Integrated Disclosure (TRID).
Top 5 Labor/Employment Law Risks for a Company in 2010Tom Daly
Do you know what a company’s top 5 risks are, from a labor-employment law standpoint? Our speaker, Ben Banta with The Kullman Law Firm will discuss those risks, which include the recently expanded federal disability law (ADA), cutting-edge workplace privacy issues, state laws that you may not know about, and much more.
Ten Laws Internet Businesses Should Consider Part IRyan K. Hew
This Part 1 of a 2-part presentation surveys several five laws that may be applicable to those who transact or conduct a lot of business online. In Part 1, the Communications Decency Act, Digital Millennium Copyright Act, Children's Online Privacy Protection Act, Federal Trade Commission Act Section 5, and CAN-SPAM Act are reviewed.
A look at contracts for owners, managers, engineers, and scientists. You can minimize problems and get paid faster if you pay attention to practical matters.
Is “your work” covered under your general liability policy? Although damage to “your work” may be excluded from coverage under the standard general liability form, there is an important exception to that exclusion for work that is performed by your subcontractors. Join us to learn more about this important exception and how you can maximize insurance coverage for claims regarding “your work.”
The webinar presentation examines the trending issues of the compliance world, including the CFPB’s regulatory approach, hot mortgage topics, recent cases of note, and TILA/RESPA Integrated Disclosure (TRID).
Preserving the Privilege during Breach ResponsePriyanka Aash
When companies hire cybersecurity consultants to investigate incidents, those professionals’ reports and emails could be used against the company in court unless a privilege applies. This session provides an overview of the attorney-client privilege for post-breach investigations, and tips for increasing the chances that the privilege will apply and the data will remain confidential.
(Source: RSA USA 2016-San Francisco)
The speaker will highlight and discuss of a number of case stories which illustrate frequent missteps made by entrepreneurs and startups.
Topics will include:
when and how to document your deal
capitalization
raising funds
attracting investors
and more!
The discussion will use real case stories to illustrate each topic in a meaningful and easy to understand manner.
By understanding these common missteps, entrepreneurs and startups will be better able to more successfully navigate the pitfalls and traps that can keep their startup from getting off the ground.
Please come with your questions, comments and scenarios.
About the Speaker
Alidad Vakili is an attorney in the Palo Alto office of Foley and Lardner, an international law firm. He regularly represents startup and emerging growth companies at every stage of the company lifecycle—from startup to liquidity. He frequently advises clients on a variety of strategic growth issues including venture capital and private equity financing, private offerings, joint ventures and M&A transactions. His work includes not only advising on major corporate milestones but also significant involvement in day-to-day operations and strategic business issues, such as formation, governance, and commercial agreements.
A comprehensive overview of what investors need to know about doing business in the United States, including entry options, IP protection, employment law, liability and import-export issues.
Roger Royse discusses the most common legal mistakes made by entrepreneurs and startups. This presentation will focus on issues related to business formation, fundraising, employment, intellectual property, tax, and technology.
There are numerous pitfalls to launching a startup: losing intellectual property rights, overcomplicating the financing, failing to establish the ground rules with co-founders, and more. Fenwick partner Andy Albertson shares tips for planning and building a successful business in this presentation given at UW CoMotion. Topics include IP rights, employment contracts, formation best practices, initial capitalization issues, compliance with securities laws, retaining founders and key employees, and building a strong board.
Final top ten mistakes startups make 09.23.2014 (00046831x c0cb4)Roger Royse
LEARN FROM THE EXPERTS. EXPERIENCED CFO AND ATTORNEY WILL DISCUSS OBVIOUS AND AVOIDABLE MISTAKES COMMONLY MADE BY STARTUPS IN THEIR EARLY YEARS.
Financial and legal mistakes go hand in hand and often overlap. This interactive "conversation" between a CFO and an attorney will shed light upon these common mistakes, as well as provide solutions for avoiding common pitfalls. This webinar is geared towards current and future executives at startups, financial and legal advisors of startups, and students considering starting their own businesses.
Speakers: Lisa Chapman, Esq. - Royse Law Firm
Chris Chillingworth - Partner at CFOs2Go
Moderator: Fred Greguras, Esq. - Royse Law Firm
Patrick Campbell, CEO of Price Intelligently shares techniques and tactics for pricing your product as you start your business out. He includes a variety of methods you can use.
Jonathan Kay - How to launch your product and build buzz for your businessRamenCamp
Jonathan Kay, Cofounder of mobile app marketplace, Apptopia, shares his learnings from building Apptopia including getting TechCrunch coverage *before* he launched a website.
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Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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Legal pitfalls for startups
1. Make it Legal
Key Legal Issues for Startups
RamenCamp
June 8, 2013
Richard Lucash
McCarter & English, LLP
265 Franklin Street
Boston, MA 02110
rlucash@mccarter.com
@ricklucash
2. When Should I Incorporate?
No single answer
Balance
– Cost
– Informal team spirit
– Facing the hard questions: equity split, etc.
– IP protection vs. ability to walk away
3. Choice of “Entity”
What are your plans for growth; financing
Delaware C Corp is default for venture-funded
company
LLC works for individual investors with special
concerns; others
4. Founders’ Agreement
Who owns what percentage
– Between/among founders:
“The only rule is there is no rule”
– Wasserman post: Companies with unequal splits
may be more successful on average than 50-50
companies
“Percent of the Company”: Understand the
denominator and “fully diluted”
Vesting
5. Agreements with Former Employers
Of founders; staff; consultants
Look for
– Noncompete
– NDA
– IP
Be sure the new venture isn’t using IP that belongs
to another company!
6. Secure the IP
Individuals own their work product in absence of
agreement
Jointly-owned IP may not be controlled by any
one person
– Patents – any owner can deal with freely; NO “duty
to account”
– Copyrights – any owner can deal with freely but
there IS “duty to account”
7. Secure the IP (2)
Patents – avoid disclosure before filing
application
URL – often registered by a team member not the
company
Trademarks: Company name/product name
– Clear it
– File ITU
NDA for everyone
8. Valuation/IRS Issues
Founder A puts in $X; Founder B puts in services
– Tax on Founder B?
F&F round for small $ but high post-money
valuation
– Sets high price for subsequent grants of options;
for “83(b) elections” on restricted stock
9. What Happens When You Hire Someone
Is the person an “independent contractor”?
– In MA, probably not
Minimum wage; Overtime pay; workers comp
Get a payroll service!
Rules are often violated due to lack of time,
money and knowledge
Penalties are severe and enforcement authorities
are “employee-friendly”
10. Getting Legal Forms from the Web
Incorporation
Terms of Use; Customer Contracts
Unknown quality
Words may not have plain English meaning
Don’t know what’s missing (liability limits;
warranty disclaimers)
Don’t know what law inserts by default
11. Signing Customer’s Contract Forms
It may be “standard”
But it’s designed in their favor
Watch out for
– Rights in YOUR IP
– Noncompete
– NDA
– Warranty/SLA
– Payment
– Choice of Law/Forum