David R. Gillespie’s Guides

David R. Gillespie

Columbus Internet Lawyer.

Contributor Level 9
  1. When NOT to Hire a Lawyer for your Startup

    Written by attorney David Gillespie, over 3 years ago. STAFF PICK

    Cash is king with startups. Many startups dont yet need an attorney, or at least their money could be better spent elsewhere. Im not suggesting you can just ignore legal issues at the beginning, but with all the resources available on the internet and the strong startup comm...

    4 people found this Legal Guide helpful

  2. How to and Why: Corporate Records

    Written by attorney David Gillespie, over 3 years ago. STAFF PICK

    Small companies and startup businesses might view keeping corporate records as a low priority. However, keeping good records is important for every business. This guide covers why this is important, as well as how to keep good records.

    2 people found this Legal Guide helpful

  3. How to Protect Intellectual Property When Hiring

    Written by attorney David Gillespie, over 3 years ago.

    Imagine that your company hires an independent consultant to develop your website or to do design work for marketing or branding purposes. Would you be surprised to learn that without a written contract that includes specific provisions, the consultant would retain ownersh...

    1 person found this Legal Guide helpful

  4. 2010 Tax Relief Act Extends Qualified Small-Business Stock Exclusion

    Written by attorney David Gillespie, over 3 years ago.

    On December 17, 2010, President Obama signed the 2010 Tax Relief Act into law, and among other things, extended the 100-percent tax exclusion from capital gains of qualified small business stock (QSBS). As background, on September 27, 2010, President Obama signed H.R. 5297 ...

    1 person found this Legal Guide helpful

  5. What are "Business Development Companies"?

    Written by attorney David Gillespie, over 3 years ago.

    Venture Capitalists (VCs), Angel investors (Angels) (i.e., accredited investors), and Business Development Companies (BDCs) fulfill generally the same role: to help small and medium-sized companies obtain financing when more traditional means of funding (e.g., bank financing)...

    1 person found this Legal Guide helpful

  6. Myths of Nevada Incorporation

    Written by attorney David Gillespie, over 3 years ago.

    In the past couple of months, weve had several inquiries about whether to incorporate a new business in Nevada rather than Delaware or the home state of the business. In the last decade, both the state of Nevada and some internet incorporators have been actively promoting Nev...

    1 person found this Legal Guide helpful

  7. Categorizing Workers: Employees or Independent Contractors

    Written by attorney David Gillespie, over 3 years ago.

    It can be a huge money-saver for a small business to get into the practice of working with independent contractors. Using independent contractors will lower a companies tax bill, require less withholding's, and in some states,reduces the obligations underworkers compensati...

    2 people found this Legal Guide helpful

  8. Website Terms of Use (and EULA's)

    Written by attorney David Gillespie, over 3 years ago.

    Just as traditional software comes with a license agreement, most websites should have a terms of use agreement. If your site makes use of proprietary information or technology, offers advice, or sells products or services, a terms of use agreement can protect you. Your webs...

    1 person found this Legal Guide helpful

  9. Website Privacy Policies

    Written by attorney David Gillespie, over 3 years ago.

    A major concern among visitors to websites is how their personal information will be used. Although, most websites have posted privacy policies, many just copy language found on other websites. The problem is that the borrowed language may describe the practices of the other...

    1 person found this Legal Guide helpful

  10. Startups and Unlicensed "Money-Finders"

    Written by attorney David Gillespie, over 3 years ago.

    Entrepreneurs trying to raise capital to grow a business frequently run across individuals describing themselves as a finder and offering to help them structure a private offering and sell that offering using their contacts. They will typically ask for limited or no up-front...

    4 people found this Legal Guide helpful