A legal blog on private funds, startups, and venture capital.
A legal blog on private funds, startups, and venture capital.
Previously, I wrote about the pros and cons of incorporating in Delaware as a small business owner. My conclusion was that, for most small companies, the disadvantages outweigh the advantages. In this piece, I’ll cover my thoughts on another state…
One question I frequently receive from people seeking to start a new business is whether they should incorporate that new business in Delaware. They frequently hear vague notions of the benefits of incorporation in Delaware but haven’t heard any definitive…
Business owners will often say that they hired someone as a “1099 employee.” What they actually mean is that the business came to an arrangement with a worker that deems him to be an independent contractor, and as a result,…
One of the first decisions new business owners face is what type of entity they should use to form their new company. Most likely, this involves a choice between a limited liability company (LLC) or a corporation. These two types…
In any business with multiple owners, there is a good chance that, at some point, one or more of those owners may no longer be affiliated with the company, whether by choice, death, bankruptcy, or divorce. It’s important for business…
