I’m planning on bootstrapping my startup for at least the first six months. However, I do plan to seek investment down the line. Is it easy to switch from an LLC to a C-Corp once I’m ready for investment? What’s the best approach?
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by John Frankel, Founder of ff Asset Management
QUESTION:
I have submitted a patent idea to a company, and they need $1,200 to do the patent search, design, and study group before looking for a buyer. I have no money available, as I have just started a new job. I would like to know if there any investors that would be willing to take a chance with me, or if you have any help for me to move forward. Thank you very much.
ANSWER:
QUESTION:
I’m entering the beginning stages for creating a new social networking website. It’s similar to Facebook and MySpace. What legal aspects of a traditional business would I need to make sure to handle properly (e.g, fictitious business name statement, business license, form of ownership, etc.)?
ANSWER:
QUESTION:
I’m starting a website business on pet care. I need to be able to use articles on my site as customer/visitor information on pet health, etc. My only source for these articles would be the web, but I’m not sure how copyright or plagiarism applies if I use articles that I search for and put them on my site. Any information on this would be very helpful. Thanks!
ANSWER:
QUESTION:
I am forming a business wherein I will do freelance software development. All I need is myself and a computer, so I can be location independent. My hometown (in Florida) is expensive when it comes to starting a business so I was going to form a LLC in Delaware instead. Do I need to register as a foreign business operating in Florida?
Florida statute 608.501 §1 states that a foreign LLC cannot conduct business within Florida until it files all the necessary paperwork, but 608.501 §2i states that conducting interstate business is not considered conducting business within Florida. Furthermore, 608.501 §2c states that foreign LLCs maintaining bank accounts in Florida does not constitute conducting business either.
Stacia Abner
Soody Tronson
by Soody Tronson at Soody Tronson Law Group
Conclusion First: The case discussed below sets the UK standard in clarifying that an applicant claiming a right of priority must be entitled to do so at the date that the priority claim is made. Any claim to priority made by a party not entitled to do so may contribute to the invalidity of the patent.
QUESTION:
I’m looking to work with a start-up attorney w/o a retainer. Thanks.
ANSWER:
QUESTION:
I’m the Chairman and CEO of a small startup. Will a corporation really protect me from all liability?
ANSWER:
QUESTION:
I’m a first-time Silicon Valley entrepreneur. Can you recommend a good place to go to find online legal documents for setting up my company?
ANSWER:
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