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13 Critical Small Business Legal Requirements to Start a Business

Up and Running

The size standards are different for each industry and are defined by the government body established to oversee such matters. You’ll need the EIN to pay taxes for your business, apply for licenses and permits, open a bank account, and hire and pay employees. Develop a founders agreement. According to the U.S.

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The Co-Founder Mythology

Both Sides of the Table

I covered what I call “the co-founder mythology.&# Either you’re not technical and you think you need a technical co-founder or vice-versa. It is increasingly popular to have “founder dating&# or “startup weekend hackathons&# of some variety or the other. Hire your co-founder.

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5 Monumental Legal Mistakes Made By Startups

YoungUpstarts

If you are developing your startup with a partner or co-founder, failing to create a detailed business partnership can cause serious legal ramifications later. Rights to buy back shares of co-founders if they decide to leave the company. Salary entitlements.

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The @TWTFelipe Story – A Tale of US Visa Policy Gone Awry (#startupvisa)

Both Sides of the Table

I’ve been meaning to write this post since September of last year when Brad Feld first wrote about the The Founders Visa Movement. TWTFelipe is the founder of TWTApps , who had developed some really cool add-on applications for Twitter to extend its functionality. university in math or science&# (Thomas Friedman).

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Who are the Major Revenue-Based Investing VCs?

David Teten

RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. Decathlon Capital.

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The fundamental lesson of the forces governing scaling startups

A Smart Bear: Startups and Marketing for Geeks

Idealistic founders believe they will break the mold when they scale, and not turn into a “typical big company.” And if that person leaves, you’ve just lost six months to hire and get back up to speed on that thing. Or it’s fatal because that was a co-founder. A team of one is brittle, but fast. Recruiting.

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Move Your Startup to Chile-con Valley, Get $40,000!

ReadWriteStart

On arrival, a government program called Start-Up Chile handed him $40,000, no equity required. In return, all Davis and his cofounders had to do was promise to spend six months in the country working on their startup, CruiseWise - an online travel agency for booking cruises - and engage with Chilean businesspeople.

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