It’s a known fact that the federal government alone has established too many laws to count. The Internal Revenue Code contains over 3.4 million words and is approximately 7,500 pages when printed. State and local governments have joined in on the madness adopting thousands of new laws each year! In law school everyone learns that […]
You Can’t Control Me
Have you ever seen something or someone lose control? If you haven’t, heres a great video for you to watch. Losing control is often a swift abrupt change to the normal and regular flow of things, like a car sliding off the road in traffic. However, in business losing control usually happens slowly and subtly. While […]
12 Things To Consider When Establishing Ownership
Through the rest of the Spring and Summer we at Briefcase have created a plan to bring you a series on the LAUNCH, GROW and PROTECT legal essentials that you need to incorporate into your business model. In this week’s series we cover the need for every business having a written agreement establishing ownership. You […]
Balancing Hat Tricks
At Briefcase we deal with business owners who want the best for their business but often are confused about what they need to do to ensure the maximum protection for their business and for their personal assets. You may have heard us say recently that over 80% of legal documents downloaded online are filled out incorrectly by the […]
One Secret To Protecting Your Company
When you have more than one owner of your company, you tend to get comfortable with the major decisions being done over text or email. This never seems to be an issue when everyone loves each other or you still haven’t started cash flowing enough to write home to mom about. Often times, entrepreneurs […]
Ain’t No Party Like An S-Corp Party
Remember this song? Of course you do! (It will be stuck in your head for the rest of the day. You’re welcome.) Taxes are a huge concern for most entrepreneurs. We unpacked why LLC’s are the premier entity choice for starting your business in this post here. But let’s be honest, detailed considerations may be needed […]
Mythbusters – Do VCs only invest in C-Corporations?
In our series of entity formation blogs, we continue with a discussion of C-Corps and raising capital. You’re ready to start your company and need to make an important decision…what type of business entity to form. This choice will have long-term implications for your company and, if you are seeking future funding, could have […]
You Down With LLC? Yeah You Know Me!
Why LLC? When starting out with any new venture its generally important to be flexible. Flexibility is important, whether it’s with your time, your schedule, or trying to learn something new. If you don’t learn anything else from this post we want you to know that the LLC is an extremely flexible entity choice. We […]
What Type of Entity Should My Company Be?
How to choose the right home structure for your company. One of the most important early decisions an entrepreneur must make in connection with his or her venture is the choice of entity. We always advise our clients to form an entity that will protect against personal liability. You have three good choices: a C […]
Can You Afford Not to Get Legal Help?
Clients have often told us that although they need legal help with their business, the cost, process, or time commitment just seems too daunting. We get it. Trust us. Starting a business is one of the most difficult undertakings you can tackle and getting bogged down in the legal weeds is hardly the spark that […]