83(b) Elections – What You Need to Know
- Posted By: Claire Kalia
- Posted In: Compensation and benefits, Founders, Startups
- September 18, 2012
- 0 Comment
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...
Read MoreHow to Value Your Startup
- Posted By: Claire Kalia
- Posted In: Founders, Startups
- August 31, 2012
- 0 Comment
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...
Read MoreInvesting with Friends or Family: 3 Top Tips
- Posted By: Claire Kalia
- Posted In: Founders, Small businesses, Startups, Uncategorized
- July 07, 2012
- 0 Comment
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...
Read MoreWhen You’re Working Full-Time, With a Start-up on the Side
- Posted By: Claire Kalia
- Posted In: Incorporation, Startups
- July 02, 2012
- 0 Comment
When You’re Working Full Time, With A Start-Up On The Side Many of Kalia Law P.C.’s clients are budding entrepreneurs who, often prudently, have not quit their day jobs and are instead working on their brainchild during evenings and...
Read MoreThinking of Investing in a Family Member’s Business?
- Posted By: Claire Kalia
- Posted In: Incorporation, Small businesses, Startups
- June 15, 2012
- 0 Comment
Statistics show that fully 10% of all Americans eventually have their own small business. Because investment capital is generally the biggest issue in starting a business, many new businesses also start up through “family” investments. When asked to “invest,”...
Read MoreWhen Things Don’t Work Out: How to Fire a Co-Founder
- Posted By: Claire Kalia
- Posted In: Founders, Startups
- June 11, 2012
- 2 Comments
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...
Read MoreWhy Impose Vesting on Shares?
- Posted By: Claire Kalia
- Posted In: Startups
- June 03, 2012
- 0 Comment
We are often asked about why we recommend imposing vesting on shares that are issued to founders, advisers and service providers, as opposed to granting stock outright. Imposing vesting on stock simply means that the recipient earns his or...
Read MoreObama’s JOBS Act Boosts Crowdfunding
- Posted By: Claire Kalia
- Posted In: Startups
- April 25, 2012
- 1 Comment
The Jumpstart Our Business Startups Act (the JOBS Act), which was signed into law earlier this month, set the stage for a major expansion in crowdfunding. Crowdfunding is a means by which people can collectively invest small amounts of...
Read MoreMicrolending non-profit Kiva offers free loans for new users
- Posted By: Claire Kalia
- Posted In: Nonprofits, Small businesses, Startups
- March 09, 2012
- 0 Comment
Kiva, a non-profit that empowers entrepreneurs around the world by providing micro-loans, is currently offering new users a free $25 loan. Research has shown consistently that micro-loans are a powerful engine for economic growth in developing countries, and micro-lending...
Read MoreCalifornia: New employment laws will affect startups and small businesses
- Posted By: Claire Kalia
- Posted In: Compensation and benefits, Employment, Small businesses, Startups
- January 25, 2012
- 0 Comment
New employment laws that went into effect on January 1 will impact California startups and small businesses. One of the new laws that businesses won’t want to ignore is SB 459, which imposes heavy penalties of between $5,000 and...
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