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Startup Lessons: 4 Companies Facing Product Lawsuits

The Startup Magazine

When conducting business, it is crucial to make a profit and keep your operations running smoothly. Here are 4 companies that have faced legal action due to the distribution of a toxic or otherwise dangerous product. Remington was founded in 1816 and operates today as the United States’ oldest gun maker. Takata’s Airbags.

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Corporation or LLC? Business Organizations for Tech Startups.

YoungUpstarts

While the standard is that ownership is determined based on each owner’s contribution to the LLC, the Articles of Organization or the company’s Operating Agreement can change this, so the amount any owner invests does not necessarily determine the member’s share in profits (or losses) of the company. Verdict : It’s a tie! Verdict : LLC.

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Tale of Two Valleys: LA and the Bay Area from an Investor’s Perspective

Mucker Lab

As an entrepreneur himself, founding and operating printed circuit board factories in Taiwan, my father was debating between two places to immigrate to and build his next new venture: Los Angeles (“The Valley” aka San Fernando Valley) and Santa Clara (“Silicon Valley”).

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The SBA Needs To Get It’s Act Together On The PPP

VC Adventure

In that FAQ the SBA stated (emphasis added): [B]efore submitting a PPP application, all borrowers should review carefully the required certification that “[c]urrent economic uncertainty makes this loan request necessary to support the ongoing operations of the Applicant.” The lack of clarity is causing real world challenges for businesses.

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4 Things You (and Every Small Business) Should Know About Taxes

Up and Running

One of the easiest ways to start a business is to operate as a sole proprietorship, but easy doesn’t really mean the best. So the S corporation splits the owners income into two parts, wages and pass-through distributions. But you’ll avoid employment tax on the income distribution. You can take an owner draw or distribution.

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Hologram: Everyday IoT Reaches Scale

View from Seed

They were wrapping up participation in an accelerator program and Ben was planning to move back to Chicago to build the company there, having previously worked at Groupon before moving on to other tech companies in Asia, as well as a brief time in California.

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Hologram: Everyday IoT Reaches Scale

View from Seed

They were wrapping up participation in an accelerator program and Ben was planning to move back to Chicago to build the company there, having previously worked at Groupon before moving on to other tech companies in Asia, as well as a brief time in California.

Chicago 156