Bismarck Startup Lawyers
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Legal Services Offered by Our On-Demand Bismarck Startup Attorneys
On UpCounsel, you can find and connect with top-rated Bismarck 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 Bismarck 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 Bismarck, ND.
From primarily dealing with things like business formation, contracts, leases, equity financing, securities, and intellectual property protection, the Bismarck 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 Bismarck startup lawyer on UpCounsel to help you today.
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- 11 min read
What Is a Non Solicitation Agreement?
A non solicitation agreement is a common contract clause that says if you work for a competitor, you won't solicit any business clients, bring over any employees, or use any confidential information connected to your current job. In other words, you can't use your old company contacts to help your new company.
For example, imagine you're a high-ranking salesperson for a company that sells copper wire. Because of your job, you've spoken with copper wire buyers all across the globe. One day, a different copper wire seller offers you a better job and you accept. If your employment contract with your first job has a non solicitation agreement, you can't go to the copper wire buyers and ask them to switch suppliers because you've switched employers. The same applies if you go into business
- 4 min read
What is Authorized Stock?
Authorized stock is the number of shares a company is allowed to give away to shareholders. This number is stated in the company's charter. In the United States, this is called the Articles of Incorporation.
Authorized Stock is also called authorized capital stock, authorized shares, or authorized share capital. This number can only be changed if the current shareholders approve it. This is done with a vote (and a lot of paperwork). Due to this, many companies have a higher authorized stock number than the number of stocks they plan to issue.
Why Are Authorized Shares Important?
- Many states and international articles of incorporation, called memorandums of association in some countries, require companies to authorize shares.
- This number will have a direct effect on how much you will pay in fees when you incorporate. This amoun
- 4 min read
What Is Paid-In Capital?
Paid-in capital (PIC) is the amount of capital investors have "paid in" to a corporation by purchasing shares in exchange for equity.
A paid-in capital account does not show the individual contributions of each investor, just the total amount provided by all investors.
The primary market is the part of the capital market that issues new securities. It is through the primary market that people invest in a corporation by purchasing stock, raising the corporation's PIC figure.
Stock purchased in the open market from other stockholders (secondary market) does not affect paid-in capital.
Additional Paid-In Capital
Paid-in capital can also refer to a balance sheet entry, often listed under stockholder's equity. Additional paid-in capital (APIC) is also known as capital surplus or share premium. These entrie
- 7 min read
What Is a Business Visa?
A business visa, also known as the B-1 visa, is a non-immigrant visa into the United States of America. A B-1 visa is required if you are planning to travel to the U.S. for a short period of time for a business-related reason that does not require actual labor or payment from a U.S. source.
The business visa covers, but is not limited to, the following activities:
- Consulting with business associates
- Attending scientific, educational, professional, or business conventions and conferences
- Negotiating a contract
- Taking part in short-term training
- Settling an estate
- Competing in an amateur athletic event
- Participating in professional athletic competitions where no payment other than prize money is received
- Undertaking religious activities such as missionary work,
- 2 min read
Learn more about the types of Corporations below:
A corporation is an independent legal entity distinct from its owners. The law views a corporation as a distinct legal person that can enter into contracts, incur debt, and pay taxes apart from its owners. The owners of a corporation also have the benefit of having limited liability.
When most people refer to a corporation, they actually mean a “C Corporation,” but you