The importance of properly documenting the issuance of stock

In December 2013, the Delaware Chancery Court rendered a decision highlighting the importance of properly documenting the issuance of stock. Read on to learn what this means and why it

Share
What is an accredited investor and, as a company, why should you care?

What is an accredited investor and, as a company, why should you care? An accredited investor is an individual who meets certain financial criteria; specifically, an individual whose annual income

Share
What does your nonprofit need to do to comply with the Nonprofit Revitalization Act? Part 2

We previously discussed 4 of the larger changes that the Nonprofit Revitalization Act makes. In this post, we follow-up with 6 additional provisions every nonprofit should take into consideration. For

Share
What does your nonprofit need to do to comply with the Nonprofit Revitalization Act? Part 1

In sum, a nonprofit must (i) develop a conflict of interest policy or confirm that its current policy complies with the new regulations, (ii) develop a whistleblower policy, (iii) ensure

Share
Mistake #7 of 7: Not implementing and maintaining a website privacy policy

This is part 7 of a 7 part series highlighting common legal missteps of small businesses. Mistake #7: Not implementing and maintaining a website privacy policy. Almost all businesses have

Share
Mistake #6 of 7: Failing to abide by the security laws

This is part 6 of a 7 part series highlighting common legal missteps of small businesses. Mistake #6: Failing to abide by the security laws. Often entrepreneurs accept investment from

Share
Mistake #5 of 7: Not creating an employee handbook

This is part 5 of a 7 part series highlighting common legal missteps of small businesses. Mistake #5: Not creating an employee handbook. An employee handbook is an important communication

Share
Mistake #4 of 7: Failing to maintain corporate formalities

This is part 4 of a 7 part series highlighting common legal missteps of small businesses. Mistake #4: Failing to maintain corporate formalities. As I discussed in the last entry,

Share
Mistake #3 of 7: Failing to incorporate

This is part 3 of a 7 part series highlighting common legal missteps of small businesses. Mistake #3: Failing to incorporate. Why incorporate? By incorporating your business, you separate and

Share
Mistake #2 of 7: Failing to protect intellectual property

This is part 2 of a 7 part series highlighting common legal missteps of small businesses. Mistake #2: Failing to protect intellectual property. Intellectual property can be one of the

Share