When Are Terms of Use Legally Binding?

When Are Terms of Use Legally Binding?

You’ve done it many times before… you click the box that says “click to agree to our Terms of Use” (and let’s be real – you didn’t read it). Does that check box create a legally binding agreement? What about when companies...
Raising Startup Funds from Friends and Family

Raising Startup Funds from Friends and Family

Raising funds from friends and family often seems like the logical first step for a new business to raise money. After all, you will be hard pressed to find an investor who is willing to shell out funds when your whole business is simply a couple motivated people with...
Debt vs. Equity in Business

Debt vs. Equity in Business

When raising money as a business, whether old or new, it is important to carefully consider the best way to fundraise–i.e. whether it will take the form of debt or equity. In short, “debt” refers to loans, while “equity” refers to giving...
S-Corp Basics

S-Corp Basics

S-Corporations are not technically a distinct entity type. Rather, the term “S-Corp” refers to a type of tax treatment available to corporations and LLCs that meet certain requirements. When a corporation makes an S-Corp election, it will avoid double...
C-Corp Basics

C-Corp Basics

The C-Corporation is the default corporate form, meaning when you incorporate your enterprise as a corporation, you are automatically classified as a C-Corp in the state where you incorporate. The C-Corp is generally considered the preferred entity type for businesses...