It’s really rare these days for a growing company to ever do its payroll by hand. Everyone signs up for a traditional payroll service, such as ADP or Paychex, or a newer SaaS payroll service such as Gusto. I’ve seen companies go through this drill more than once. Two in particular stick out as having…
Read MoreLots has been written about how a good board meeting should go. But seldom do people want to talk about the antipattern of a bad board meeting. A bad meeting yields in unactionable advice in response to unanswerable questions. Should we go slow or go fast? Answer 1: look before you leap. Answer 2: he…
Read MoreSomebody asked a question about forming two related entities, one for-profit and one nonprofit. The idea was that certain facilities that would be used by the nonprofit could be used in slack time by other businesses paying a market rate. The business model seemed to be that there would be grants for the nonprofit, which…
Read MoreSome of you may have noticed that the blog has shifted in focus from startup law toward independent director and other board services. That’s the shift in my career, and so I expect to post no more articles strictly on startup law. I will certainly continue to post on those topics from the perspective of…
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