How to Close a Startup LLC

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Image courtesy of artur84 / freedigitalphotos.net

In the excitement of starting a business, no one wants to think about ending it, but knowing how to make a safe exit, as well as a grand entrance, is a skill every startup founder should have.  Most startup founders will have to close a business at some point in their careers.  Here are a few tips on how to do that, if your business is organized as an LLC. Continue reading

The Pros, Cons and (Surprisingly) High Cost of Using Online Legal Forms

Image courtesy of Stuart Miles / freedigitalphotos.net

Image courtesy of Stuart Miles / freedigitalphotos.net

Startup founders often wonder if they should use online legal documentation services, rather than hiring an attorney. There are many online providers out there, and the temptation to save on legal fees by using this seemingly low-cost alternative can be powerful, especially for founders who may already be “maxing-out” their credit cards to pay startup expenses.

Now, since I am an attorney, you may think that I will, automatically, be opposed to the use of online legal documentation services. On the contrary, however, I have long been Continue reading