Macon Startup Attorneys & Lawyers

The Jumpstart Our Business Startups Act, or JOBS Act, is a law signed into effect by President Obama in 2012, designed to promote the growth of jobs in small businesses. Its goal is to make it easier for startups to raise the money and equity they need to grow, and give startups and small businesses more access to capital.

Why Is the JOBS Act Important?

The JOBS Act has seven sections overall, but three key sections are pertinent to investors.

• Title II allows public advertisements of securities offerings to accredited investors.

• Title III opens the door to equity crowdfunding directed at the general public and gives non-accredited investors more opportunities to invest in st

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Updated September 2, 2022:

What Is Cybersquatting?

Cybersquatting examples show Cybersquatting (a.k.a. domain squatting) is the act of registering, trafficking in or using a domain name in bad faith. Cybersquatters neglect the existence of a trademark to profit from others. In fact, domain names are cheap and are sold on a "first come, first served" basis. 

As the internet started becoming popular, internet users knew businesses would need a website. Some users started buying domains to create sites that looked like they were from reputable companies.

Example: A cybersquatter could buy Heinz.com if the company hadn't created a website yet, looking to sell the domain to Heinz at a later date for profit, or use the domain name to attract traffic and generate money through advertising.

If a business has a good reputation but no website, the company either pays the

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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.

1. Choose and Reserve a Name for Your Company

   1. Search Pennsylvania's database of businesses that have already registered their names. Choose and register a name for your business with the Pennsylvania Department

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Updated July 13, 2020:

Private Placement Memorandum: What is it?

A private placement memorandum (PPM), also commonly known as an offering memorandum or offering document, is a vitally important legal document that discloses the objectives, risks and terms of a proposed investment in your company. Your PPM will be distributed to potential investors whenever your company sells stock or another type of security in a private placement.

Your PPM will provide important facts and figures about your company and its business that are useful to potential investors, including:

• Your company’s industry;

• Descriptions of the products you sell and/or services you provide;

• Product and economic projections;

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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 arti

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