Two friends are working on starting up a business. What is/are the best legal forms for the business?

This is a tough question to answer without more information -- so my first piece of advice is to talk to your lawyer and your accountant to get a...

If I copywrite a business plan, will it offer the same as protection as a patent on the new product idea covered in the plan?

Unfortunately, a copyright won't protect your business idea -- it just protects the words themselves (such as prohibiting someone from copying a...

Not For Profit Organization

Hello Morgan, The process can be fairly difficult, but there are a number of useful resources online that can help you out. Below is a summary...

First, congrats on getting a term sheet from a VC. Times are tight out there, so just getting one in the door is a good accomplishment. Second,...

Loan payback

Investing in a startup is risky business -- even if you are making a loan versus taking equity in the company. Therefore, you should always...

Capital losses

If you have capital losses, you can offset your capital gains by those losses. The limits on deducting your capital losses come in when your...

Merger / Aqusisition

A merger usually brings with it some challenges. So if you decide to jump in, remember that there will be some challenges, likely some personality...