Questions answered by Richard Alan Bruner Jr.

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When is a work for hire contract needed? If they own equity?? Is it needed?

Richard's answer | Answered on December 15, 2014

Whether the programmer owns equity in the company is generally irrelevant. If a program is created by an employee in the course of his or her...

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Buying into a company, This is my scenario. I a us citizen gave a friend lets say $25000 for a 20% ownership in a Company that

Richard's answer | Answered on December 12, 2014

As we generally tell our clients, “you can pay me now or you can pay me later.” Usually, now is significantly cheaper than later and conflict is...

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I know it's not typical, but can an LLC owner give a personal guaranty to an investor to return his/her original investment?

Richard's answer | Answered on November 20, 2014

Is the investor investing in a debt instrument, such as a debenture, bond, note, etc. of the company? If so, the LLC owner can certainly personally...

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I'm leaving a company I co-founded. We just raised a VC round and the company wants to buy back my stock

Richard's answer | Answered on October 27, 2014

While it’s definitely worthwhile to hire an attorney to review the relevant documents, if you’re company in fact just finished its first VC round,...

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I am going to work for a limo company but they need me to open up a corporation. how do i go about doing this legally?

Richard's answer | Answered on October 06, 2014

You can form a business entity online directly with the Florida Department of State here: www.sunbiz.org. With regards to choosing a form of...

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Fees

Richard's answer | Answered on October 06, 2014

The appropriate structuring of the fee used to compensate a finder is of central importance in avoiding registration for the finder as a...

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I want to incorporate my startup as a C Corp in Delaware and be headquartered in Virginia. What do I need to do?

Richard's answer | Answered on September 30, 2014

To form a C corporation in Delaware "because that is how the game is played" is not legal advice. The two most critical factors in selecting the...

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I am an incorporating an S Corp based in Florida. Is there a tax / yearly fee implication based on number of authorized shares ?

Richard's answer | Answered on September 05, 2014

As to your first question, the answer will depend on your state of incorporation. You have indicated that the corporation will be based in Florida,...

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When does my intellectual property belong to the startup?

Richard's answer | Answered on August 15, 2014

The answer depends on whether this was a work made for hire. Given the limited facts presented, I would say it does lean toward being a work made...

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I want to start a small, single-party LLC company with my name as the business name. What is required?

Richard's answer | Answered on August 13, 2014

I see that you're located in California. The form to form an LLC in California is available...

Richard Alan Bruner Jr.'s Answers (44)

When is a work for hire contract needed? If they own equity?? Is it needed?

Buying into a company, This is my scenario. I a us citizen gave a friend lets say $25000 for a 20% ownership in a Company that

I know it's not typical, but can an LLC owner give a personal guaranty to an investor to return his/her original investment?

I'm leaving a company I co-founded. We just raised a VC round and the company wants to buy back my stock

I am going to work for a limo company but they need me to open up a corporation. how do i go about doing this legally?

Fees

I want to incorporate my startup as a C Corp in Delaware and be headquartered in Virginia. What do I need to do?

I am an incorporating an S Corp based in Florida. Is there a tax / yearly fee implication based on number of authorized shares ?

When does my intellectual property belong to the startup?

I want to start a small, single-party LLC company with my name as the business name. What is required?