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)…


Losing Limited Liability: Blending Business and Personal Finances in a Corporation or LLC

  In the early stages of starting a new business, it can be difficult to tell what belongs to the company and what belongs to the founders as…


Can I start a company if I'm in the US on a student F-1 visa?

CPT or OPT programs may allow you to launch your startup while on a student visa. America is great. Because of the strength of the United States’…


Re-allocating Equity in Your Startup

Founders often have to revisit their equity division once they begin operating their company and see the actual value that each is providing. We have…


Changing the Registered Office of a Michigan LLC

Some economic development organizations may require your company to have a registered office in a certain vicinity. Michigan has several economic…


LLC Formation: Why Filing Your Articles is Not Enough

While merely filing Articles of Organization might be sufficient to establish an LLC, several important documents are required to properly organize…


Let Your ELF Help You File in Michigan

By setting up a Mich-ELF account, entrepreneurs can quickly and cheaply make organizational filings in Michigan via email. As addressed in this prior…


WhatsApp: What We Know About the Incorporation History of a $19B Company

Incorporated in California in 2009, WhatsApp, Inc. later converted to a Delaware corporation. As has now been widely reported, Facebook is acquiring…


Startup Legal Lessons from the Biography of Steve Jobs (Part 2)

Walter Isaacson's bestselling biography of Steve Jobs touches upon numerous legal issues common to startups. With the movie "Jobs" opening in…


Startup Legal Lessons from the Biography of Steve Jobs (Part 1)

Walter Isaacson's bestselling biography of Steve Jobs touches upon numerous legal issues common to startups. With the movie "Jobs" opening in…