Steven Stark Startup Lawyer for Anaheim, CA
Joshua Garber Startup Lawyer for Anaheim, CA
Ray Lord Startup Lawyer for Anaheim, CA
Girard Kelly Startup Lawyer for Anaheim, CA
Adam Bloom Startup Lawyer for Anaheim, CA
William Edwin Startup Lawyer for Anaheim, CA
Robert Saman Startup Lawyer for Anaheim, CA
Justin Kline Startup Lawyer for Anaheim, CA
Curtis Roberts Startup Lawyer for Anaheim, CA
Anaheim Startup Lawyers
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It takes money to turn a great idea into a great product, but “money doesn’t grow on trees” and you may not have thousands of dollars just waiting to be spent. So how do you turn your dream into a reality? Here are some of the best options.
Self-Funding / Bootstrapping
Many entrepreneurs start with some level of self-funding (also known as bootstrapping) and, in fact, future investors likely will want to see that you have some “skin in the game”. Even if you can only put in a little money, it is worth considering the benefits. For example, you don't have to worry about keeping investors happy. You also can keep more profits to yourself. Many founders also hold off on taking a salary, consider tapping into the 401(k) retirement account, and/or have a side job to help make ends meet while they get their business up and running.
You also can use your
Accelerator Programs: What Are They?
Accelerator programs, also known as seed accelerators, help companies learn how to run their business by providing mentoring, education, and financing. Mentors are provided to help entrepreneurs navigate the competitive and sometimes confusing start-up world and may even help with funding. The programs usually last for relatively short period of time (e.g., a few months) where the aim is to teach the participant several years’ worth of experiences and information in order to accelerate the timeline for success. The program typically ends with a public pitch event where business owners can present their ideas to potential investors. Accelerators generally ask for a small piece of the company in return.
Accelerators are similar to business incubators with some distinctions -- for example, incubators generally focus on growing an idea while accelerators generally focus on increasing the rate
- 6 min read
Choosing the right structure for your business is one of the most important steps you will take in your company’s journey. The right structure will protect you from liability, ensure maximum tax advantages, and position you for success. The first question is whether to incorporate your business at all. This decision requires, at a minimum, a basic understanding of the advantages and disadvantages of corporations.
What are the Different Types of Corporations?
There are two primary types of corporations:
- General Corporations, or “C” Corporations, is the most common business structure in the United States. C Corporations are able to issue shares to raise funds from investors. C Corporations have an unlimited number of shareholders. These shareholders are protected from business liabilities. However, C Corporations are usually subject to double taxat
- 6 min read
Starting a business can be overwhelming - the breadth of knowledge required can be staggering for those who come unprepared. Not only do you have to determine the market viability of your product(s), assess the financial issues, and invest valuable time and energy into growing the business, but it’s critical that you consider various “boring” legal and administrative concerns as you begin your journey.
Before you start a business in Indiana, familiarize yourself with the state's laws.
Indiana is a right-to-work state, which means the state has some additional laws for you to follow, especially if you are considering a unionized workforce.
You should also be familiar with your area's local rules. Some cities and/or counties have additional rules that businesses must follow.
Steps to Starting a Business in Indiana
One of the first things you'll do when starting your
- 5 min read
What are Incentive Stock Options?
Incentive stock options (ISOs) are a type of stock option typically given to key employees or management to purchase stock in the company and can result in a better tax treatment.
Incentive Stock Options vs. Nonqualified Stock Options
Other options that may be available to employees who are not considered key employees or upper management may be eligible for nonqualified stock options or NSOs.
Unlike NSOs, an ISO would be treated favorably for tax purposes. When an ISO is exercised, the employee need not claim the income. When they sell the stock, the gains are taxed as ordinary income rates rather than at capital gains rates. It is important to be aware that the tax benefits are lost if the employee who is entitled to ISOs sells the stock immediately; if they sell immediately they are treated the same way as an NSO.
What's the diff