Annapolis Startup Lawyers
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Legal Services Offered by Our On-Demand Annapolis Startup Attorneys
On UpCounsel, you can find and connect with top-rated Annapolis startup attorneys & lawyers that provide a range of startup law services for startups and entrepreneurs that are starting a business. Any of the top-rated Annapolis startup lawyers you connect with will be available to help with a variety of your startup law related legal needs on-demand or on an ongoing basis in the city of Annapolis, MD.
From primarily dealing with things like business formation, contracts, leases, equity financing, securities, and intellectual property protection, the Annapolis startup lawyers on UpCounsel can help you with a variety of specialized and general startup law related legal matters. No matter what type of startup law needs you have, you can easily hire an experienced Annapolis startup lawyer on UpCounsel to help you today.
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- 5 min read
Your company’s reputation is everything. Your choice of a name will be the foundation of your brand and your business relationships. There are many reasons why you might want to start with a clean slate and choose a “doing business as,” commonly called a DBA name, other than your own name or the name you originally registered with the California Secretary of State. Making this important name change can be straightforward but there are several hoops to jump through and many considerations along the way to get there.
Is a DBA California the Same As a Fictitious Name?
Yes. In California, a DBA is sometimes referred to as a “fictitious business name,” or FBN. Even though it is called fictitious, it’s just as real as any other name for a business, whether that name refers to an individual or an organization. However, most DBA’s are utilized by sole proprietorships, especially if the business name is different than that of th
- 4 min read
Preferred stock is a special class of equity that adds debt features. As with common stock, shareholders receive a share of ownership in the company. Preferred stock also receives special rights, including guaranteed dividends that must be paid out before dividends to common shareholders, priority in the event of a liquidation, is listed separately from common stock, and trades at a different price than common stock.
Why Is Preferred Stock Important?
Preferred stock gives you a financing alternative to taking on debt. You generally maintain greater control over your company than if you issue new common shares.
You can also remain flexible for future financing rounds by keeping debt off of your balance sheet and retaining a call option. The call option allows you to reduce your outstanding equity and offer a greate
- 5 min read
What Is Carried Interest?
Carried interest, also known as carry, is a share in the profits that general partners receive in compensation for the management of a venture capital fund. These profits can be long-term gains, dividends, short-term gains, or interest and total 20 to 25 percent of the fund's profits. However, general partners aren't required to invest their own money. Instead, these funds are intended as motivation for a general partner that are only available at the sale of the fund.
The best way to picture carried interest is through an example. Imagine you give a friend $100 to put on roulette when they go to Vegas, and they win $200. If you agreed to a 20 percent cut for your friend, you'll pay $20 on the interest. This is how carried interest works.
Another way to visualize carried interest is through anot
In the business world, companies merge all the time. Today startups are doing the same to expand and change the way they do business. An acquisition involves buying a company and changing it to fit the way you do business. The goal is to create a new company made of the best parts of your business and the proven parts of another.
A startup would buy another business for various reasons. These reasons include access to new technology and access to new markets. Buying a company can mean being able to make new products and having access to new resources or fresh management talent. However, if you handle an acquisition poorly, your business could take on the mistakes of a broken organization and heavy losses.
Here is a step-by-step guide of how a startup acquires another company.
1. Make a Plan
Look at the reasons to buy a company:
- 7 min read
Intellectual Property Protection
Intellectual Property Protection. What entrepreneurs and business owners need to know about the basics of intellectual property law to protect their business IP.
Intellectual Property Protection Explained
Entrepreneurs and business owners need to understand the basics of intellectual property (IP) law to best protect their hard-earned creations and ideas from unfair competition. Intellectual property includes distinctive items that you have created and ones that give you an economic benefit.
Seek professional experience from an intellectual property attorney to help your company plan for success and avoid theft of ideas, designs, and other concepts. Since filing and refiling IP applications can get expensive and waste time if done incorrectly, determine what you need to protect when it comes to IP: