How to determine the right equity structure for your startup
Monday, December 14th, 2009When you’re ready to incorporate, you’ll need to give some thought to the proper equity structure for your business. Because equity is a currency startups can trade for money or services, your company’s initial equity structure should take into account your plans for near-term growth. There are no hard-and-fast rules on the proper equity structure [...]
Employees v. Independent Contractors – What Startups Need to Know
Wednesday, December 2nd, 2009Even if you’ve never run a business before, you can probably imagine that there are many more laws governing the relationship between a company and its employees than between a company and its independent contractors, so you might rightly conclude that it is generally less costly to hire independent contractors instead of employees. What you [...]