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Start-ups and emerging companies demand focus on the bottom line (and most directly cash flow) for survival and growth. Lacking the freedom that comes with an influx of outside capital, bootstrappers must find ways to responsibly conserve cash. Unfortunately, this frugality is often to the detriment of building key elements of legal infrastructure and can cost the company far more in the long run due to failure to effectively establish or protect the value of the business.
The... Read More
Starting your own business can be both exciting and overwhelming. There are many crucial decisions that you must make at the time of formation that will effect the business for years to come. Likely the most important decision that you will make is determining what type of legal structure is most appropriate for your company’s needs. There are several types of entities to chose from. You may wish to form a sole proprietorship, partnership (general... Read More
