Muskogee Startup Lawyers
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On UpCounsel, you can find and connect with top-rated Muskogee 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 Muskogee 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 Muskogee, OK.
From primarily dealing with things like business formation, contracts, leases, equity financing, securities, and intellectual property protection, the Muskogee 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 Muskogee startup lawyer on UpCounsel to help you today.
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- 4 min read
When you want to open a business in New York City, the type of business you are starting will dictate the permits, licenses or other form of authorization you will need. Some types of businesses will require more than one license.
Find Out Your Licensing Requirements
To find out what the licensing requirements are for your business, start with the New York State License Center. First you will need to choose a business type, followed by the county in which you want to do business. You will then need to identify the legal structure of your business.
Most Commonly Used Business Legal Structures
You can choose to set up a business as a sole proprietorship (simple business structure, owned by one individual who has unlimited liability), corporation (separate entity with its own debts and obligations), limited liability company (unincorporated bus
- 7 min read
What is a Sole Proprietorship?
A sole proprietorship is a business with a single owner. It is the dream for many people. These businesses, which are not registered as an LLC (limited liability company), a partnership, or a corporation, have the benefit of flexibility. Sole proprietors can work as freelancers — independent contractors — or they can run physical, on-the-ground businesses.
Often, home-based businesses are sole proprietorships. There are 23 million of these in operation today, vastly more than any other traditional forms. This sort of business carries dangers with it, and it's important to understand them so you can avoid pitfalls in bookkeeping, taxes, and other potential liabilities.
Sole Proprietorship vs. Incorporated Business
There's one major difference between a sole proprietorship and a reg
- 7 min read
What is a Stock Warrant?
A stock warrant gives holders the option to buy company stock at a fixed price, the exercise price, until the expiration date and receive newly issued stock from the company. A stock warrant is similar to its better-known cousin, the stock option. For starters, recall that a stock option is a contract between two parties and gives the stockholder the right to buy or sell stocks at a certain price and on a certain date.
Similarly, a stock warrant holder also has the right, to buy a specific number of shares of stock that will be created in the future, upon exercising the warrant, called “underlying” stock. That transaction is called “exercising” the option, and it must take place before a specific date and at a predetermined price. Warrants are not compensatory tools, but rather used simply to increase a company’s capital and sweeten the deal for potential investors. The underly
- 7 min read
What Are Preferred Dividends?
Preferred dividends are the dividends that are accrued paid on a company’s preferred stock. Any time a company pays dividends, preferred shareholders have priority over common shareholders, which means dividends must always be paid to preferred shareholders before they are paid to common shareholders. If the company is unable to pay all the dividends, then claims to any preferred dividends will take precedence over claims to dividends on common shares.
Dividends are payments that a company distributes to its shareholders. Unlike the interest paid on bonds, dividend payments are not mandatory. Many startups do not pay dividends because they want to use any available money to grow the business instead.
Preferred dividends are link to preferred shares, which are a type of equity in the company, although
- 4 min read
What does a 409A Valuation Mean?
A 409A Valuation is a formal report that sets the current value of your company's common stock and the strike price to exercise an option to purchase that stock.
Typically a company hires a professional appraiser to prepare the report since stock options set at a strike price below the current value of the common stock can result in large tax penalties to the option recipients.
Section 409A of the U.S. tax law requires that the strike price (the set future price per share to exercise a stock option) not be lower than the current real value of a share of the company's stock on the day the stock option is issued (the "grant date").
What is 409A?
409A is a section of the U.S. tax law that contains rules about the stock options so