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…

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…

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…

A manager recently asked how he could go about reconciling his implementation of cultural changes that enhanced the teamwork of his department in the face of corporate-level directives that didn’t support, if not detract from, his plans. This manager did not understand why this company did not want to support his ideas and why employees,…

Snarkmarket: The Starbucks API. This is brilliant insight. Just brilliant. If there’s a post like this in every 20 or 50, this blog is worth reading. The deep message here is about core competencies (I just saw a reference to an article about companies outsourcing their core competency — have to find it and will…

(NB: the Ready-Fire series of posts is designed to get first impressions and quick thoughts into your hands and out of my head. They are not intended to be full explanations of a product or service.) Intro I recently participated in this introductory webinar about PlanPlus Online, a new FranklinCovey offering. #1 – Weekly &…