College Station Startup Attorneys & Lawyers
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- What is a Business License Number?
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College Station Startup Lawyers
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Legal Services Offered by Our On-Demand College Station Startup Attorneys
On UpCounsel, you can find and connect with top-rated College Station 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 College Station 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 College Station, TX.
From primarily dealing with things like business formation, contracts, leases, equity financing, securities, and intellectual property protection, the College Station 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 College Station startup lawyer on UpCounsel to help you today.
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- 2 min read
EIN: What is it?
EIN is an Employer Identification Number that serves as your business’ social security number. It is a unique 9-digit number that your business will use for all federal and state tax filings. This number is permanent throughout the life of the business unless ownership or legal structure is changed.
The EIN may also be required to:
Open a business checking account
Acquire a line of credit or other funding
Create accounts with various vendors
Depending on the form you are completing, an EIN may be referred to as the Tax Identification Number (TIN) or the F
- 6 min read
Updated July 20, 2020:
What Is Preferred Return?
A preferred return—simply called pref—describes the claim on profits given to preferred investors in a project. The preferred investors will be the first to receive returns up to a certain percentage, generally 8 to 10 percent. Once you reach this profit percentage, the excess profits are split among the rest of the investors as agreed upon in negotiations. This type of return is most commonly used in real estate investment.
How Is the Preferred Return Calculated?
There are three main questions when it comes to calculating the preferred return:
- Is it compounded or non-compounded? Compounded means that the calculation of a preferred return periodic growth amount comes from the amount of invested capital plus all previously earned but unpaid amounts.
How to Start a Business in PA
- 3 min read
Updated November 2, 2020:
Establishing a business in Pennsylvania is a multi-step process. If you follow these guidelines, you will avoid fines, penalties, and other legal and tax problems down the road.
Be sure to start with a business plan and formalize your ideas. Simple research and planning can go a long way toward a successful business. Although you do not technically need a business plan, it can help you plan and develop your business in the future. It can also help you secure financing as well.
Choose and Reserve a Name for Your Company
Search Pennsylvania's database of businesses that have already registered their names. Choose and register a name for your business with the Pennsylvania Department
- 2 min read
501(c): What is it?
501(c) is a section of the federal regulations which list the type of companies that can be exempt from paying taxes according to the Internal Revenue Service (IRS). These types of companies are referred to as 501(c)s.
Types of 501(c)s
There are 27 types of organizations that can file for 501(c) status. Many of these are not applicable to the average business. The organizations seeking tax exemptions are usually:
501(c)(3) Public Charities and Private Foundations