How to Protect Your Business From These 6 Startup Contract Risks Will a “handshake” seal the deal? As a startup founder, you already know this: written contracts establish the enforceable framework through which your startup operates, raises capital, transfers rights and enters key collaborations. Decisions ...
For businesses located outside the United States, expanding your business focus to the USA is a bold choice towards growth and success. As you venture into the promising realm of the U.S. market, it’s essential to be well-informed about the legal and other intricacies that ...
Why Entrepreneurs Should Rely on a Trusted Advisor to Forecast What Lies Ahead Founders of startups and leaders of young companies have plenty on their plates. It’s tempting for entrepreneurs to focus their attention on immediate priorities. Others prefer to spend their time scratching their ...
Valuation of life sciences companies has been battered and the IPO window has closed, for now. But there are still plenty of strategic partners looking for promising new technology and life sciences companies to fill their pipelines. If you want to be one of them, ...
Recently Phil Crowley was asked by Marianne Kolbasuk McGee, the Executive Editor of the Information Security Media Group (ISMG) to weigh in on data security measures that should be implemented by healthcare entities, research labs and other related facilities to help prevent and detect IP theft. Marianne was ...
Mastering Your Startup’s Financial Foundation Prospective business owners in New York and elsewhere may encounter a variety of challenges upon deciding to start a new company. For many entrepreneurs, one of the most pressing concerns of forming a business could pertain to the financial aspects ...
What Biotech Founders Must Lock Down in Their Founder Agreements Founder agreements are the architectural plans that hold your biotech startup together as it grows. When designed with foresight, a Founder Agreement protects your equity ownership, defines Intellectual Property (“IP”) rights and keeps your founding ...
Key Considerations When Starting a Business Prospective entrepreneurs need to address many issues when they decide to start a business. Fortunately, they don’t have to take on these issues alone. They can and should find advisors who have been “down the road before” and know ...
What Makes Near-Term Goals Essential for Every Startup To ensure your startup attracts the right attention and funding, it’s essential to focus on near-term goals in your business plan that are realistic, measurable, and strategically aligned with your long-term vision. While the grand, overarching vision ...
Many individuals in New York and elsewhere may feel that one of the most intimidating aspects of starting a business is the fear that they will have to go through it alone. However, this isn’t always the case, and building a support group early on could be ...
Crafting Nondisclosure, Nonuse and Noncompete Agreements Whether you are an emerging or mid-size tech or life sciences startup, you must ensure that all parties with whom you work don’t disclose or misuse confidential information. Such confidential information may include trade secrets, intellectual property and other ...
Creating a limited liability company or a corporation is an important first step in protecting your startup company from liability. If you stop there, however, you may not be so protected as you think. A corporate entity is a shield that protects your personal assets ...
While there is no statistical basis for the often-repeated claim than nine of 10 new businesses will fail, the challenges faced by technology startups are significant. According to a study by Bruce D. Phillips of the National Federation of Independent Business and the late Bruce ...
If you are launching a business, it’s important to protect your personal assets from the results of the business. You can do this by creating a properly constituted business entity. You should never start a business or sign contracts in your own name. Otherwise, you would ...
Social media has touched and changed nearly every aspect of our world and lives. We are now more connected than ever, which has allowed for enhanced collaboration and awareness around the world. The social network has had a significant impact on the legal world as ...
The short answer is because your product or service will usually not sell itself. No matter how novel or revolutionary your product or service is, you still need to know if there is a market for it. The Basics Market analysis fills in these gaps ...
Choosing the Right Business Structure for Your Small Business When starting a new venture, countless issues require consideration. One of the most important choices is picking the right business entity. This decision sets the foundation for your whole operation. The legal structure you choose impacts ...
Unlock Your Investor-Ready Potential: A Strategic Overview Technology is nothing without practical use. It’s just an idea until someone turns it into products or services that truly help people. Learning how to make this happen is key. It’s how you make your company much more ...
