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“Ask the Business Attorney” – What’s Wrong with a Partnership?
by Scott Edward Walker on June 30th, 2010Introduction
This post was originally part of my “Ask the Attorney” series which I am writing for VentureBeat (one of the most popular websites for entrepreneurs); it is part 3 of 3 of my posts on choice of entity. Two weeks ago (in part 1), I discussed what’s wrong with an LLC. Last week (in part 2), I discussed what’s wrong with a sole proprietorship; and this week I’ll address what’s wrong with a partnership. Please shoot me any questions you may have in the comments section. Many thanks, Scott
Walker Twitter Highlights: June 20th – 26th
by Scott Edward Walker on June 27th, 2010I’m using Twitter as a form of micro-blogging to share interesting articles, blog posts and podcasts relating to entrepreneurship, business and corporate law issues, and mergers & acquisitions.
For those of you who missed this week’s Twitter updates, below are my five most popular tweets (via bit.ly) and two most popular blog-related tweets. If you’d like to see all of my tweets (or an RSS feed of them), you can do so here. Many thanks, Scott
“Ask the Business Attorney”: What’s Wrong with a Sole Proprietorship?
by Scott Edward Walker on June 23rd, 2010Introduction
This post was originally part of my “Ask the Attorney” series which I am writing for VentureBeat (one of the most popular websites for entrepreneurs); it is part 2 of 3 of my posts on choice of entity. Last week (in part 1), I discussed what’s wrong with an LLC. This week I address what’s wrong with a sole proprietorship; and next week I’ll address what’s wrong with a partnership. Please shoot me any questions you may have in the comments section. Many thanks, Scott
Walker Twitter Highlights: April 25th – May 1st
by Scott Edward Walker on May 2nd, 2010To Our Clients & Friends:
I am using Twitter as a form of micro-blogging to share insightful articles, blog posts and podcasts relating to entrepreneurship, business/corporate law issues and mergers & acquisitions.
For those of you who missed this week’s Twitter updates, below are my five most popular tweets (via bit.ly) and my blog-related tweets. If you’d like to see all of my tweets (or an RSS feed of them), you can do so here.
If you have any questions or comments with respect to any of the tweets below, please contact me through the comments section of this post. Many thanks, Scott
Choice of Entity for Entrepreneurs
by Scott Edward Walker on April 14th, 2010Introduction
I had originally intended to discuss “Series FF” stock in today’s post (as a follow-up to last week’s post regarding “Class F” stock); however, I had several telephone calls in the past few days with respect to the issue of choice of entity for startups and thought it would be helpful to get this post up.
Indeed, one of the most important early decisions an entrepreneur must make in connection with his or her venture is the choice of entity. There are basically six choices: (1) sole proprietorship, (2) general partnership, (3) limited partnership, (4) C corporation, (5) S corporation or (6) limited liability company. Below is a discussion of each entity, including a basic description, the advantages and disadvantages, the ideal candidate/business for such entity, the cost to set-up such entity and the most important take-away.