Avoiding Patent Infringement Litigation

Patent litigation can be cost-prohibitive for startups. The costs of defending your business in a patent infringement lawsuit can easily exceed $1…


How to Find Software Development for a Minimally Viable Product

  Startups often find themselves in search of developers for their minimally viable product. A common issue for startups is where to find software…


To 83(b) or Not to 83(b) (Part 2 of 2)

The tax implications of failing to file an 83(b) election when receiving restricted equity can sting.   Let's further examine the impact of…


To 83(b) or Not to 83(b) (Part 1 of 2)

Failing to file an 83(b) election can be as painful as being stung by 83 bees. Equity Compensation Founders and early employees of a company often…


Conversion From an LLC to a C Corp: Don’t Fear the Paperwork!

Converting to a Delaware C Corp might not involve as much paperwork as you think. Converting from a Michigan LLC to a Delaware C Corp is a common…


Design Patents: An Alternate Form of IP Protection

Apple’s 633,092 design patent, one of the patents at issue in the recent Apple v. Samsung, covers the ornamental design of an electronic device. The…


Is the risk of a non-accredited investor worth it?

Using non-accredited investors is possible but may add risk and decrease flexibility in raising capital. A company offering to sell equity to…


How to acquire trademark rights in a company or product name?

Entrepreneurs can benefit from registering their company or product names as trademarks with the United States Patent & Trademark Office in…


The Risks of Using Presentation Slides as Your Provisional Patent Application

  Entrepreneurs often believe that a set of powerpoint slides will automatically serve as an effective provisional patent application. A…


Avoiding a Heart Attack with Delaware Franchise Tax

Relax - There are two ways to calculate your Delaware Franchise Taxes.  Image from Wikipedia Commons. There are two ways to calculate your Delaware…