Five-minute general counsel: where should I incorporate?

By Rick Colosimo / October 12, 2009 / Comments Off on Five-minute general counsel: where should I incorporate?

I regularly answer corporate governance questions on LinkedIn. Where should I incorporate or form my entity? After you’ve decided that it’s in your interest to form an entity of some kind, the next question is where to form that company. Most people know that Delaware is the 800-pound gorilla in this field. Many have also…

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Five-minute general counsel: compare ownership structures

By Rick Colosimo / October 12, 2009 / Comments Off on Five-minute general counsel: compare ownership structures

I often get questions asking about entity selection when someone is considering incorporating. Here is a summary of some general ownership structure issues. What do all these entities do? This introduction will make it easier for you to come up with questions that will help you select the best alternative for your specific situation. There…

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Five-minute general counsel: incorporate a tech startup

By Rick Colosimo / October 12, 2009 / Comments Off on Five-minute general counsel: incorporate a tech startup

Another LinkedIn user asked about how to structure a startup that would be a typical VC-funded software company. Here’s my edited answer: As someone who’s represented dozens of startups, closed probably 100 venture deals, and cleaned up too many small companies to count, there is in fact a right way and wrong way to do…

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Five-minute general counsel: should I incorporate?

By Rick Colosimo / October 9, 2009 / Comments Off on Five-minute general counsel: should I incorporate?

People often ask about what entity they should choose for their new business, not knowing that the real first question is the one they skipped over without even realizing it. Should you incorporate? Short answer: you should probably just buy insurance instead. Entity types to consider include the corporation (with S- or C- taxation), limited…

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