Archived
Would I be able start a sole proprietorship today, then change the business structure to an LLC or Corporation at a later time?
Paul's answer
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Answered on January 30, 2017
Yes, you certainly can. One thing you should keep in mind is that the cost of starting an LLC in Ohio is pretty low. Ohio charges a $99 filing fee,...
Archived
How should I re-incorporate my business? LLC, S-Corp...
Paul's answer
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Answered on December 05, 2016
Hi Connor,
There are a lot of considerations that go into this decision, so it's not something that can be answered definitely on a message...
What is the difference between restate and amend?
Paul's answer
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Answered on November 14, 2016
When you amend, you are making a change, adding or subtracting something. When you restating, you are rewriting the entire document, with the...
Archived
Would bringing in a new working partner implicate SEC regulations? What situations do implicate the SEC w/ LLC investment?
Paul's answer
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Answered on October 27, 2016
To start off, you are incorrect when you say that only investors who make over $200,000 are allowed to invest in businesses. You can invest in...
Archived
What is the best way to create a division for a corporation? Can the division share the same bank account as the corporation?
Paul's answer
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Answered on August 18, 2016
You don't have to create a separate entity (such as an LLC or subsidiary corporation) for the division. As an internal organizational matter, you...
Archived
What is a close corporation? Does it require different legal formalities from a C-Corp?
Paul's answer
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Answered on June 29, 2016
A close corporation is a corporation that can be operated with fewer formalities that a conventional corporation, because of the limited number of...
Who is crazy enough to help me structure a poor man's VC fund? I am sick of investors asking for C-corps on 1 week old products
Paul's answer
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Answered on June 28, 2016
This was good, really good. Funniest thing I've seen since Jon Stewart left the Daily Show.
How do I accept investment money in an LLC by an investor who wants no control of the business?
Paul's answer
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Answered on June 15, 2016
The best way to handle this legally is to hire a business attorney to do it for you. It's not a DIY project.
Archived
Charges for below Agreements:
1) Vesting Agreements 2) Convertible Equity Agreements 3)Section 83 (B) letter to IRS
Paul's answer
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Answered on June 01, 2016
I'll be happy to discuss with you privately.
Archived
Can I use my business address as a registered agent?
Paul's answer
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Answered on May 15, 2016
Your company cannot serve as its own registered agent, but you personally can be your company's registered agent. And you can use the company...
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