I have talked to many consultancies, law firms, CAs etc. What I found common from their suggestions is that I shouldn't choose Inc./Corp. for small startup. They suggested me to start with LLC/Pvt....
Background: I am a developer with a SaaS product that is bringing in revenue, but not enough to pay a sales person's salary (yet). The company shouldn't need outside funding. The product is...
I am a young university student with a good number of years experience in both small/large software companies. This has put me in a good position to find strong student developers and lead/consult...
We are developing a relatively straightforward Windows software application, and the question has arisen of whether it makes sense to outsource to a four-person development team (Project Manager,...
I just launched a social news website and I am getting some visitors but not sign ups. The new site is a combination of a news outlet and Twitter/Facebook. I am trying to put the news on the same...
I'm interested in developing a product for the sport of paintball. It has an estimated 10+ million participants (3rd largest extreme sport), though I'd be targeting the real enthusiasts of the...
In the next few days I want to start a gaming network. Now I have written everything by myself and I am wondering about legal issues. For example: Payment, User-agreement, TOS? I currently live...
I am a Software Developer who recently graduated from University. I just secured a job with a big company with a nice salary. However I don't really see myself being content with that as I have...
If you were approached by an idea guy (one with not much money), and lets say that the idea itself was an 8 to 10...what would you consider acceptable terms to join the start up? If you could give...
Owners of corporations (private or public) are liable only to stocks they own. Creditors can't claim company debt from personal assets of owners because there's stock to distinguish from personal...
I want to launch a multi-national startup. Do I need to reach every target country for legal formalities? Or, is there an international body which could take care of that?
I wonder what is a good conversion ratio from trial to paid for B2B SaaS which costs $10/month. Our service is about cloud management. We have conversion of 20% (20% of people end up paying at the...
We have a profitable hardware and SaaS business. some clients want to obtain a 12-month financing to buy our hardware. we need extra money to allow it. that would increase our monthly income by...
I would like to use the following in the branding for my startup software product. Do I run the risk of being sued by my competitors? Hello. My Family needs , < feature 1 > like <...
Is it possible for a bank account to accept checks written to two different parts of an LLC? For example, I have ABC LLC, which operates at ABC.com, and I accept checks using both the ABC and ABC...
I have a commercial web startup. From a legal standpoint does maintaining users record (database info) if they decide to delete their account outweighs deleting their record? Maintaining the users...
I just started an online retail business in Massachusetts with which I formed an LLC - lets call it "Massachusetts Retail LLC" and it's located at massachusettsretail.com. I highly enjoyed...
My partners and I own a couple business'. They are both LLC's. We want to start a third as a shell corporation which will own the other two by way of shares not the LLC partner names on everything...
I had this question in my mind long ago. Now I'm daring to ask that. ;-) What I have learnt from current trend is that, "Internet or e-commerce is the only field for the software start-ups to get...
Are there any ways to defer taxation on S-Corp profits in a year?