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A sole proprietorship is perhaps the simplest business entity available for self-employed individuals. In fact, many people have a sole proprietorship without even realizing they do. For example, a college student offering lawn services in the neighborhood to make...

A shareholders agreement is exactly as it sounds—an agreement among a company’s shareholders regarding several aspects of company management and shareholder rights. The shareholders agreement is in addition to the company’s constitutional documents. Shareholders agreements are common because they...

I am thrilled to be the guest speaker at the April 8, 2014 meetup in Palo Alto for the organization, Founding Moms. Founding Moms is a group that helps entrepreneurial moms connect, network, and support one another through the...

Claire Kalia gives advice on hiring an employee or engaging an independent contractor here: https://advisablelaw.com/articles/human-resources-101-the-employee-offer-letter

If your business has flourished and become too big to manage alone, it might be time to hire your first employee. Hiring an employee can allow you to shift your focus from managing every aspect of the business to...

If you’re starting a business with another person or a group of people, you’ll be sharing ideas, divvying up equity, and investing money together.  For startups, resolving questions of equity, ownership and control is critical to the company’s growth...

As an employee, founder or an investor in a startup, you may receive restricted stock that will vest at a later date. Upon receipt, you have the option of making an 83(b) election with the IRS. But what is...

Startups frequently need to value their companies in order to issue stock options or other equity interests in the company, but in the early stages, this can be difficult. Here are some tips that new startups can use to...

Kaila Law Group has many clients who want to invest in their friends or family members’ businesses – either to support their venture, or with hopes of a return, or both.  We always remind our clients who are considering...

What should you do if you are having trouble with a co-founder? Usually founders begin a venture with high hopes and a good working relationship, but just like in any relationship, there is always the chance that things may...