A Guide to Financing Term Sheets: Control Terms

By: Jacob Plotnik It is essential that startup founders consider their startup’s governance policies (i.e., its management, processes, and…


Tax Consequences of Converting from an LLC to a C Corp

Converting from an LLC to a C Corp is a common occurrence for many startups when they begin looking for outside financing. Two previous blog posts…


The Corporate Leap: The Transition from the S-Corporation to the C-Corporation (Part II)

Section II. The S-Corporation to C-Corporation Transition Process. You may recall that the transition from the C-Corporation to the S-Corporation, as…


The Corporate Leap: The Transition from the S-Corporation to the C-Corporation (Part I)

Many founders will consider a change in their respective company’s legal entity to be a monumental decision. Due to the potential ramifications…


What Changed for Entity Selection for Startups After the 2017 Tax Changes

Tax is one of many factors when choosing a desired type of entity for a startup. As we discussed in 2016, tax considerations can be one of the most…


Turning Over a New Leaf: Changing the Corporate Identity

A small food company dreamt of selling products that were pure and beneficial to its consumers. With that simple mission, Unadulterated Food Products…


Should Startups Incorporate as Benefit Corporations?

Patagonia. Kickstarter. King Arthur Flour. What do these three companies have in common? They are all Benefit Corporations. Increasingly, companies —…


Why Outside Advisors are Critical For a Startup’s Growth and Success

Many startup founders of young companies fall into the same trap: they insulate themselves and just talk to family, friends, colleagues, and…


Why Do Technology Startups Need IP Assignment Agreements?

If you are considering forming a startup, an intellectual property (IP) assignment agreement will be crucial for your company, especially if your…


Forming an LLC: Member-Managed or Manager-Managed?

After considering advantages and disadvantages of different forms of an entity, you have now decided that forming an LLC (limited liability company)…