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Answers

What is the difference between an L1-Blanket and an L1-Individual Visa?

Essentially the L1-Blanket is designed for corporations to be eligible to mainstream the transfer of L1 employees to work in the US. Once the company has the L1-Blanket Visa they can quickly transfer people without having to file a petition with INS, but instead are only required to submit a form to the U.S. consulate to grant […]

How do you become an accredited investor?

To be considered an “accredited investor” then you must meet certain income and net worth requirements. Those are: An individual who has earned $200,000 in the past two years or has a joint income with their spouse that is at least $300,000 in the past two years and that income is expected to continue into […]

Is 15 years worth waiting for a green card?

Because the Green Card process can take a considerable amount of time to complete, it’s easy to get muddled down in the time that you spend waiting. As far as the answer to your question, like others have indicated, the answer to whether or not it is “worth it” can only be determined by you. […]

What is an Accredited Investor?

Accredited Investor — Specific to the qualified private placement of securities that are made pursuant to Regulation D of the Securities Act, exempting issuers from registration requirements. Rule 501(a) of Regulation D defines an “accredited investor” as an entity or natural person who meets certain net worth tests or other specified quantitative criteria – e.g., (1) […]

What are the most effective ways to raise funds for charities?

You’ve been given a lot of great advice about how to raise funds for charities. My advice is going to lean more toward how you can set up your non-profit for the best situation for success. After all, without proper planning, your ability to raise funds effectively will be greatly diminished. Whether you are working […]

One of our investors is threatening a lawsuit unless he gets his money back. Should I give him what he’s asking for or take the lawsuit?

In business, one of the most valuable relationships you will have is between yourself and the investors. Ideally, you would have already established agreements and contracts that outlined specifically the various expectations of your business and the role of the investor. If you have that documentation, you should rely on it to help you navigate this problem. […]

What is the board of directors?

Board Of Directors is the governing body of a company that is elected by stockholders. The BOD is responsible for supervising management and has fiduciary duties that it owes to the company’s stockholders. It is charged with appointing senior management, assigning committee members, issuing shares, declaring dividends and shaping company policy. The typical BOD includes both […]

What are the bylaws really for?

Bylaws are company’s detailed, formal rules that governs corporate affairs, including the rights and responsibilities of officers, directors and stockholders. They also set the guidelines for BOD and stockholder meetings. Source: The Startup Dictionary | LawTrades

What are the main pros and cons as receiving stock warrants vs. regular common stock? This question previously had details. They are now in a comment.

Essentially, stock markets allow you to enter the share market without actually buying shares. This can be an attractive feature for a start-up that’s just beginning to get their gears going, but investors may be somewhat stand-offish about this arrangement. Let’s take break it down. Pros: If you’re looking for capital appreciation rather than income, then stock […]

How hard is it to start a nonprofit organization?

Starting a non-profit is going to take some initial leg work. This type of set-up is not something you can just whip together if you plan on having any real success. The main thing you have to remember is that no organization can thrive without a strong foundation. Put some real effort into early development, and […]

I’m becoming a real estate agent, should I set up an LLC for tax purposes?

There is a benefit to setting up an LLC. An LLC is considered a “pass through taxation” for both single and multi-members. In a single owner situation, the IRS indicates that income and capital pass through directly to the owner. In the end, you would only have to pay taxes as an individual and not […]

Can you add a member to an LLC?

Yes, you can add a member to an existing LLC (barring that you don’t currently have an agreement that indicates that you can’t). The main thing you want to remember is that you need to be thorough when adding the new member. It’s important to understand the implications involved in adding someone to an existing […]

How much does it cost to register a trademark in the U.S.?

It’s true that the fees will vary depending on the resources (such as hiring an attorney) that you choose to employ to help you through the process. As others have indicated, hiring an attorney does come with additional cost, but you can be certain the process will run much more smoothly and you will do […]
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E-Books &
Guides

Introduction

There are a few baby steps every new business must take before it can run. This list will help you launch and prepare your company for moving to the next stage like incorporating a business and issuing equity. ..

E-Books &
Guides

How to start your first business
June 2019
Raising your first round of capital.

August 2019
GDPR compliance, privacy and terms


September 2019
Protecting your intellectual property.
October 2019
How to structure and form a board.

Startup
Dictionary

"Allocation"

When used informally, this term refers to the accounting principles, standards and procedures that companies use to draft the.

Startup 
Dictionary

stockholders-equity/

Free 
Contracts

Letter of Intent Agreement

When you make an offer to purchase or sell goods or services for value, you have started the process of creating a legal contract..

Free
Contracts

/contracts/letter-of-intent
*example shown