Archived
If I came up w/ the name, concept, business plan, would I be considered founder or co-founder? Also, if we split, what do i get?
Dana's answer
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Answered on February 03, 2011
If you and your boyfriend have agreed to share profits from the business, then you already have formed a partnership - please see the post at the...
Do I need a lawyer to review my website terms and conditions?
Dana's answer
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Answered on February 01, 2011
In my experience, entrepreneurs can do OK on their own with privacy policies (there are free privacy policy generators), but they cannot prepare...
Archived
Can a Canadian Federal Charter company currently doing business in Quebec, open a rented sales office in the united states.
Dana's answer
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Answered on January 31, 2011
I have helped approximately 30 foreign companies establish operations in the U.S. In my experience, they almost always form a new corporation here...
Archived
Is a simple agreement resigning from an LLC enough to remove members from obligations to the LLC? Is a Form LLC-12 required?
Dana's answer
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Answered on January 28, 2011
My answer is a bit different from the first two answers.
It certainly is important to know what the Operating Agreement says, if anything, about...
Archived
I have 2 homes and other interests and am planning on starting a business...I am fairly certain I should start an LLC however
Dana's answer
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Answered on January 28, 2011
An LLC and liability insurance are not mutually exclusive. With significant assets to protect, you probably should do both.
Disclaimer: This...
Archived
How do I structure a doc covering the repayment of a loan that a corp. owner made to his corporation?
Dana's answer
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Answered on January 27, 2011
The loan documents should include a loan agreement and a promissory note.
The post at the link below describes the enforceability of corporate...
Archived
Transferring S-Corp ownership to father...
Dana's answer
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Answered on January 24, 2011
I will add the following to the first two answers:
- Make sure that the share transfer ledger is updated appropriately.
- You father-in-law...
Archived
I live in CA and plan to rehab properties in CA and buy rental properties in NV. Should I form an LLC in NV and register in CA?
Dana's answer
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Answered on January 20, 2011
This Q comes up frequently.
Short answer: Form the LLC in the state where you will operate the business, i.e., CA.
Longer answer: See the...
Archived
Website copyright notice
Dana's answer
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Answered on January 17, 2011
Many such notices are invalid - they are valid only if there is an entity named "whatever.com" that owns the copyright. A website / URL (as...
Archived
E-filed Statement of information?
Dana's answer
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Answered on January 17, 2011
"Endorsed" means from the Secretary of State with the Secretary's stamp on it.
Order a "certified" copy using the form at the link...
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