NCET Tech | Fritz Battcher, 10 Common Business Mistakes | Feb 2017
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On February 22, Fritz Battcher, Partner in Holland and Hart, discussed the common pitfalls of starting and growing a business. This presentation will focused on Raising capital, ownership challenges, understanding legal pitfalls of a growing business and included an informal Q&A with Fritz.
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- Choosing an appropriate corporate form such as a sole proprietorship, partnership, C corporation, LLC, or PLLC/PLLP, considering factors like personal liability protection, taxation, and structure.
- Obtaining financing by selling equity privately to sophisticated investors or through personal loans and guarantees.
- The logistics of running the daily operations of a small business, which involves tasks like paying taxes, understanding labor laws, and using accounting software.
- Strategic considerations like partnering with others, obtaining mentors, and where to incorporate the business.
TSH Startup Masterclass: 10 Things You Must Consider When You Start Out or It...
Key points and highlights from Simon Halberstam's and Andrew Solomon's presentation “10 things you must do when you start out or it’ll cost you later”.
Beware of making pre-contract misrepresentations, you can land yourself in seriously hot water.
Make sure your website T&Cs are clearly visible to people or they may not stand up in court.
A private limited company structure is always advisable if you're looking to raise cash or sell up later.
Always keep board minutes! An admittedly dull but absolutely necessary task.
Look into drag-along and tag-along rights in relations with your investors.
Create employment policy procedures and keep them up to date.
Incentivise your staff well, look into the EMI scheme.
Dec Seminar Session 3 Contracts
The document discusses various legal agreements and provisions that are important for businesses to address, including operating agreements, buy-sell agreements, confidentiality agreements, commercial leases, purchasing real estate, and protecting trade secrets. It emphasizes getting contracts in writing and properly executing them to protect business owners and assets. Specific types of agreements covered include LLC operating agreements, buy-sell agreements, work for hire contracts, and compliance with home solicitation sales acts.
Buy A Business Begin A Dream 2012
This document provides an overview of important considerations for purchasing an existing business. It discusses evaluating different types of businesses, conducting due diligence, determining a fair purchase price, and completing the transaction. The key steps are researching business options, qualifying for financing, analyzing a potential target business thoroughly, making an offer, and closing the deal with proper legal documentation. Consulting experts can help navigate the process successfully.
Buy A Business Begin A Dream
This document provides an overview of buying an existing business. It discusses researching different types of businesses to purchase like franchises, existing businesses, and commercial real estate. The steps involved in purchasing a business are outlined, including qualifying yourself as a buyer, evaluating potential businesses, making an offer, conducting due diligence, and closing the deal. Key factors to consider include financing, ownership structure, earnings potential, and transitioning ownership. Hiring professional advisors is recommended to navigate the purchase process successfully.
StartPad Countdown 9 - Corporate Structures, Common Problems
The document summarizes various corporate start-up fundamentals including entity selection, corporate formation, founder ownership and equity for employees. It discusses establishing a corporation versus other entity types like partnerships. It covers how to issue stock, common vs preferred stock, employee equity through stock options, bridge financing, and some startup horror stories to avoid.
Business formation basics
basic legal issues addressing the when, why, and what of forming a legal business entity for your startup
Me Inc. The Legal Issues Of Starting Your Own Business
This is a tool for entrepreneurs to identify some of the basic legal issues they will confront when starting their own business
Startup Legal Imperatives - Royse.pptx
This document summarizes key legal issues and considerations for startups. It discusses avoiding claims from prior employers to intellectual property created at a new company. It emphasizes the importance of proper documentation for equity ownership, loans, vesting schedules, and other founder agreements. It also covers vesting restrictions, tax planning choices around entity structure, protecting intellectual property, trade secret laws, and securities regulations. Throughout, it provides best practices and recommendations to help startups navigate common legal landmines.
2010 Smalll Business Presentation for HAUL
This document outlines various legal issues that small businesses and non-profits should be aware of, including how to choose an appropriate legal structure, labor laws, intellectual property concerns, and how to protect themselves legally. It discusses the differences between sole proprietorships, partnerships, corporations and LLCs. It also covers non-profit structures like trusts, unincorporated associations and corporations. The document provides an overview of relevant laws around topics like telephone solicitations, websites, email marketing and charitable solicitations. It emphasizes the importance of educating yourself on applicable laws and utilizing legal counsel.
Early Stage Venture
Garland Brown, an attorney with GreenBerg, Traurig, LLP discusses fundamentals of organizing, funding and IP for startup technology companies. See www.danlistens.com for other notes.
Five Things About Five Things That Every Start Should Know
This document summarizes key considerations for startups presented by attorneys from Fredrikson & Byron law firm. It discusses:
1) Choosing an entity, founder vesting, assigning intellectual property, and allocating equity fairly between founders.
2) Raising money legally, avoiding misrepresentations to investors, understanding different securities, and balancing investor rights.
3) Properly classifying employees vs. contractors, obtaining intellectual property assignments, using equity grants and severance appropriately.
4) Repeatedly obtaining intellectual property assignments, using open source software carefully, deciding on patent strategy, and using confidentiality agreements.
5) Preparing for an exit from the start by considering how founders and investors will realize
Avoiding Traps in Your Transition: Negotiating Your Bonus Arrangement and Emp...
The document discusses issues financial advisors may face when transitioning between brokerage firms, including negotiating compensation arrangements, resolving obligations to the current firm like forgivable loans, and ensuring new employment agreements are carefully reviewed. Key topics covered are strategies for negotiating bonus payments and loan forgiveness terms, defining acceptable reasons for termination in agreements, and handling client and proprietary information when moving firms.
John Pin, Solus Trust EPCA Presentation Jan 17, 2018
John Pin, Solus Trust, The Independent Trust Company Experience
John’s presentation focuses on the practices and procedures of a Non-Deposit Trust Company when acting in a fiduciary role as Executor, Trustee or Power of Attorney.
10 most common trust problems
With compulsory registration of all trusts from next April is it time to review your provider trusts? This presentation will, i hope, give pause for thought
10 most common trust problems
With compulsory registration of all trusts it is time to consider reviewing all provider trusts. If you are not sure please view this presentation and contact me for a consultation.
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Getting Your Legal Ducks in a Row: Legal Guide to Attracting Investors
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TSH Startup Masterclass: 10 Things You Must Consider When You Start Out or It...
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Five Things About Five Things That Every Start Should Know
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John Pin, Solus Trust EPCA Presentation Jan 17, 2018
John Pin, Solus Trust EPCA Presentation Jan 17, 2018
More from Dave Archer
NCET Tech Wed | TMCC Health Science Center | June 2018
Where can you find a bedroom, bathroom, kitchen, radiology lab, veterinary clinic and an emergency room in one building? At the William N. Pennington Health Science Center. There, students learn how to deal with real-life health science scenarios in a variety of hands-on laboratories.
The center includes a state of the art nursing lab, including simulation rooms and standard patient rooms, a modern radiology technician suite, and biology preparatory lab. The center also houses a classroom with a model bedroom, bathroom, and kitchen where students can learn how to deal with emergencies in real-life settings.
Each laboratory comes with mannequins that simulate all kinds of medical emergencies from cardiac arrest to infant health care (and yes, there is a canine mannequin).
NCET Biz Bite | Darren McBride, Email Productivity Tips and Tricks | Mar 28
Become an E-mail ninja: get the latest E-mail productivity tips and tricks
On March 28, NCET and Darren McBride, founder and CEO of Sierra Computer Group, got down to brass tacks about your inbox and offered practical advice on how to more effectively manage email.
Email has become both a productivity tool and a giant time waster. Too many people don’t take advantage of automation to reduce their email workload. Darren shed some light on the following:
An overview of mail services and advantages/disadvantages of each.
Tips about how to reduce volume of newsletters and spam.
Ideas on sending secure email attachments (for documents like tax returns) for free.
An overview of how artificial intelligence can sort and sift your incoming email to save you time.
How to easily backup and archive your email
Identifying and avoiding Phishing attacks via email
Syncing email and calendars with mobile devices and how to deal with duplication
Come learn how to slay your electronic inbox and get organized once and for all!
NCET Tech Wed | TMCC Edison Campus | July 2017
This document provides information about Truckee Meadows Community College (TMCC) in Reno, Nevada. It discusses TMCC's vision, mission, and core themes of student success, academic excellence, and lifelong learning. It also provides details about TMCC's applied technology programs, partnerships with local high schools, apprenticeship programs, and training centers. Additionally, it summarizes TMCC's role in workforce development for the Tesla Gigafactory and Panasonic battery plant in Nevada through accelerated training programs.
NCET Tech Bite | Marie Gibson, Transform YOUR Revenue into Profit | April 2017
Work Smarter NOT Harder. What every business owner should know to turn revenue into profit
Many business owners have invested their lives; their savings; they work 60-70 hours each week; they hire coaches, marketers, social media people, design websites; and yet, their business just barely breaks even. Furthermore, many people in Northern Nevada work a job to support their business…it works; but is there a better way? Marie Gibson says “Absolutely!”
Join NCET for Tech Bite on April 22, and hear Marie Gibson, Principal of Gibson & Associates, provide key steps that every business owner must take to turn his/her revenues into profit.
During this luncheon, you’ll see how easy it is to truly take charge and speak the language of business, such as:
- Determining your niche and business model
- Setting and prioritizing goals
- Creating your internal systems
- Actually using your financial reports to make decisions
- Managing your time wisely
- Charging what you are worth
If you’re ready to become a powerful business with a fat bottom line, join us for The Key Steps to Transforming your Revenues into Profits!
NCET Tech Bite | Allegra Demerjian, Social Media Ads | Aug 2016
Allegra Demerjian, Digital Director at the Abbi Agency, explains social media advertising and discusses the nuances of advertising on each outlet. Allegra also covers:
Different formats of social media advertising across outlets (Facebook, Twitter, Instagram, Pinterest, YouTube, LinkedIn)
The basics of creating ads through these platforms
Goals you can achieve through social media ads
Hitting the right target on your advertising audience
Insider tips on getting the most out of your budget on each outlet
Examples of good and bad ads on each outlet
This presentation provides enough information to know what types of ads are available through social media and how you can use them to boost your business.
NCET Tech Bite | Ron Husey, Moving Your Business to the Cloud | Mar 2016
Ron Husey, Founder and President of Xogenous, explored what you can do to make the right cloud decisions for your business. Whether you are taking your first steps or deciding how to move additional components of your network into the cloud, Ron shed light on the options available and how to avoid making costly mistakes. He discussed the latest cloud technologies, how best to secure your data, and best practices to gain the maximum benefits from your IT investment. He also provided several action steps that you can take immediately to truly benefit from moving to the cloud.
NCET Tech Bite | Melissa Marsh, Prepare for Growth
Melissa Marsh, founder/owner of HRinDemand share tips on "Three Ways to Refresh Your Employment Strategy for 2016!" Get ready to build a strong and resilient employment strategy with a renewed focus on:
- Creative recruiting
- Preparing and planning for increased pay rates and perks
- Developing your current workforce - "Love the Ones You're With"
NCET Tech Bite - Edward Estipona - Top Tips for Taking Your Office Virtual
Edward Estipona, President of the Estipona Group for the past 22 years, has an entire company with its more than a dozen employees who fall into this “virtual” category: Estipona Group does not have a bricks-and-mortar building, or a granite conference table, or a public display case full of trophies.
But what it does have: a collection of professionally fulfilled, senior-level executives who get the work done and don’t require hand-holding.
In this presentation, Edward presents his top tips for taking YOUR company virtual.
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NCET Tech Wed | TMCC Health Science Center | June 2018
NCET Tech Wed | TMCC Health Science Center | June 2018
NCET Biz Bite | Darren McBride, Email Productivity Tips and Tricks | Mar 28
NCET Biz Bite | Darren McBride, Email Productivity Tips and Tricks | Mar 28
NCET Tech Bite | Marie Gibson, Transform YOUR Revenue into Profit | April 2017
NCET Tech Bite | Marie Gibson, Transform YOUR Revenue into Profit | April 2017
NCET Tech Bite | Allegra Demerjian, Social Media Ads | Aug 2016
NCET Tech Bite | Allegra Demerjian, Social Media Ads | Aug 2016
NCET Tech Bite | Ron Husey, Moving Your Business to the Cloud | Mar 2016
NCET Tech Bite | Ron Husey, Moving Your Business to the Cloud | Mar 2016
NCET Tech Bite | Melissa Marsh, Prepare for Growth
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NCET Tech | Fritz Battcher, 10 Common Business Mistakes | Feb 2017
- 1. TOP 10 LEGAL PITFALLS FOR START-UP COMPANIES FRITZ BATTCHER, ESQ. fbattcher@hollandhart.com (775) 327-3033
- 2. TOPICS COVERED Leaving Employer Choice of Entity Shareholder Agreements Money Matters Contracts Personal Liability IP
- 3. 1. EXERCISE CAUTION WHEN LEAVING FORMER EMPLOYER Non-Disclosure Non-Compete Non-Solicitation Don’t Take Former Company Materials Carefully Review What You Sign
- 4. 2. DOING BUSINESS THROUGH AN ENTITY Choice of Entity Corporation • S or C Corp. Limited Liability Company Respecting the Entity Company Bank Accounts Executing Contracts in Company Name
- 5. Not Always “Friends” Provisions of LLC Operating Agreement or Shareholder Agreement Management/voting Transfer Restrictions Triggering Events Buy/Sell 3. FAILURE TO EXECUTE SHAREHOLDER AGREEMENT
- 6. Raising Capital Very Hard Double the Amount 3 to 6 Months Effort Time Consuming 4. UNDERCAPITALIZATION
- 7. 5. RAISING MONEY Debt or Equity Notes • Convertibility • Senior to equity Equity • Common Stock v. Preferred Stock
- 8. Securities Laws Will Apply Registration requirements and exemptions Anti-fraud rules Both federal and state laws apply Why you care/remedies • Rescission • Regulatory action Broker/Dealer-Finders 5. RAISING MONEY
- 9. Select Your Investors Carefully Fewer investors can be easier to manage More sophisticated and/or experienced investors may better understand your situation Experienced investors can also provide non- financial aid 5. RAISING MONEY
- 10. 6. GOOD RECORD KEEPING Initial Assignments of Property Confidentiality and Assignment of Invention Agreements Consulting Agreements Loans and other arrangements Minutes and ownership records
- 11. 7. PERSONAL LIABILITY ISSUES Fiduciary Duties To shareholders To creditors Securities Laws Anti-fraud rules Tax Laws Withholdings on compensation
- 12. 8. PROTECT INTELLECTUAL PROPERTY Identify IP Patents Copyrights and Trademarks Advantages Barriers to entry Higher valuations Non-Disclosure and Assignment of Inventions
- 13. 9. READ YOUR CONTRACTS Don’t Be Surprised It’s Your Business!
- 14. 10. K.I.S.S.