Mark S Britton’s Answers

Mark S Britton

Seattle General Practice Lawyer.

  1. What is the best way to structure my new business entity?

    Answered about 1 month ago.

    1. Alvin Hy Lee
    2. Samuel Watson Eastman
    3. Gregory John Chilina
    4. Allison Beth Surowitz
    5. Mark S Britton
    6. ···
    7 lawyer answers

    This Guide could also be helpful: http://www.avvo.com/legal-guides/ugc/what-type-of-business-entity-should-you-choose

    2 lawyers agreed with this answer

  2. How do I determine if a name for an LLC is available? If another company exists with the same name, can I still use it?

    Answered 3 months ago.

    1. Michael Ray Smith
    2. Mark S Britton
    3. Veronica L. Jarnagin
    3 lawyer answers

    You can check name availability here: https://secure.in.gov/sos/online_corps/name_availability.aspx You can find a great lawyer to help you with your LLC here: http://www.avvo.com/business-lawyer/in.html

    2 lawyers agreed with this answer

  3. When do I fundraise for a startup, before or after his creation and registration?

    Answered 6 months ago.

    1. Frank Anthony Natoli
    2. Mark S Britton
    3. Dana Howard Shultz
    3 lawyer answers

    If I understand your question correctly, you would like to get the cash first to finance any organizational expenses you have. While there are some contorted ways to do this, the concept doesn’t make much sense. First, you mention VCs. VCs like to invest in big ideas that are already under way. Few investors are going to invest just in your ideas or “slideware” (i.e., a PowerPoint explaining your ideas). Sometimes they will do it if you already have a successful start-up on your resume;...

    2 lawyers agreed with this answer

  4. Out from under timeshare

    Answered over 5 years ago.

    1. Mark S Britton
    1 lawyer answer

    Unfornutely, you own the timeshare interest. It is similar to asking how to get out of a house that you bought. Assuming that the timeshare contract is valid, it is a binding contract and getting out of it almost impossible. It is possible that a savvy lawyer could help you get out of your contract, but that would be a lengthy and expensive process. I would put the same effort into selling the interest. To save on agency costs, you should try to sell it on your own through ebay. Also,...

    1 lawyer agreed with this answer

    2 people marked this answer as helpful

  5. Business credit cards

    Answered over 5 years ago.

    1. Dennis Andrew Chen
    2. Mark S Britton
    2 lawyer answers

    Thanks for using Avvo. I am Mark Britton, the CEO at Avvo. I am also a lawyer. Bc we are receiving so many questions right now, it may take longer for some of our loyal Avvo lawyers to get back to you. In the meantime, I wanted to offer some preliminary help. Please keep in mind that I am not a FL lawyer, and to get a definitive answer on this you should consult a top Avvo-rated lawyer in your area, even though the state law of the credit card issuer may be controlling. It depends what...

    1 lawyer agreed with this answer

    2 people marked this answer as helpful

  6. S-Corporation & Distributing Shares

    Answered over 5 years ago.

    1. Mark S Britton
    1 lawyer answer

    Doubtfully. To qualify for an S-Corp election you can only have one class of stock, and profits and losses must be allocated to shareholders proportionately to each one's interest in the business. Your scenario suggests a second class of stock and/or a disproportionate allocation of profits.

    1 lawyer agreed with this answer

    2 people marked this answer as helpful

  7. What actions can be taken against an establishment allowing a minor into their place of business for 21 years of age and older.

    Answered over 5 years ago.

    1. Donald A Green
    2. Mark S Britton
    2 lawyer answers

    Thanks for using Avvo. I am Mark Britton and I am the CEO at Avvo. I am also a lawyer. Bc we are receiving so many questions right now, it may take longer for some of our loyal Avvo lawyers to get back to you. In the meantime, I wanted to offer some preliminary help. Please keep in mind that I am not a CA lawyer, and to get a definitive answer on this you should consult a top Avvo-rated lawyer in your area. The CA Dept of Alcohol Beverage Control, along with the police, enforce the...

    2 lawyers agreed with this answer

  8. Accident but police man gave me a ticket

    Answered over 5 years ago.

    1. Matthew Jay Weiss
    2. Mark S Britton
    2 lawyer answers

    Thanks for using Avvo. I am Mark Britton, the CEO at Avvo. I am also a lawyer. Bc we are receiving so many questions right now, it may take longer for some of our loyal Avvo lawyers to get back to you. In the meantime, I wanted to offer some preliminary help. Please keep in mind that I am not a NY lawyer, and to get a definitive answer on this you should consult a top Avvo-rated lawyer in your area. If you were involved in an accident and caused serious damages, the injured person can...

    2 lawyers agreed with this answer

  9. Texas state law regarding social security retirement, welfare benefits

    Answered over 5 years ago.

    1. Mark S Britton
    1 lawyer answer

    I suggest you use theTexas Food Stamps Benefit Estimator for Federal Fiscal Year 2009. Here is the link: http://www.hhsc.state.tx.us/programs/foodstamps/estimator/index.html

    2 lawyers agreed with this answer

  10. What is a typical service and fee structure a lawyer would provide/charge to help with fundraising for a startup?

    Answered 17 days ago.

    1. Mark S Britton
    2. Kenneth J. Hamner
    2 lawyer answers

    Although I'm a member of the VA bar, I have never been involved in start-up work there. However, I have been extensively in Seattle and Silicon Valley and the first thing I would highly recommend is hiring a lawyer who has represented *a lot* of start-ups, particularly in angel and venture capital financing. In addition to being up to date on investment terms and structures, many of these firms will also not collect for their legal fees until your first financing. They will let you run a...