Convertible Debt: The Best of Both Worlds?

By: Marie Smith

Business is booming, but it could be even better.  Mom already gave you some money to get started, but you ran through that pretty quickly.  You know your idea is great, but you just need cash to make it a reality.  You believe in your baby, and know she just needs the right food so she can grow. So how can you feed her? (more…)

Ready, Aim, Fyre: Legal Lessons From Fyre Festival

By: Leah Norod

The news has been alight with disastrous tales of Fyre Festival, the unforgettable musical experience that never was.  Unsurprisingly, the festival has been hit with multiple lawsuits and more are likely in the pipeline.  To add fuel to the fire, the festival’s pitch deck was leaked and the internet has wasted no time in picking apart the marketing strategies it employed.  What can serious investors, social media influencers, and start-ups learn from what critics are calling a #dumpsterFyre? (more…)

Taking the Plunge: 6 Things to Consider before taking Private Equity Funding

By: Paolo De Jesus

So you just started this new business and it’s really starting to take-off.  You want to take it to the next level.  BUT, you don’t have enough cash and you’re not sure how to raise more.  You may have read about ‘private equity’ financing.  You also may have no idea what that is.  So what do you do? (more…)

The Solo Shot: 4 Yellow Flags for the Self-Represented Athlete

By: Marie Smith

Question:

“I’ve been playing ball my entire life, and now I’ve got a shot at the pros.  My buddy tells me I should get an agent, but I don’t want to pay a guy to just shuffle some papers.  Can’t I just handle my contract on my own?”  – Al E. Hoop

Answer:

Once upon a time professional athletes had to fend for themselves and accept any salary and terms a team offered them.  But times have changed.  Every major professional sports league in the country now has a players union that, among other things, helps set minimum salaries.  Player contracts, especially for entry-level athletes, are becoming more and more standardized. Whether you’re a pine rider or a 4th line grinder, you know you will at least make the league minimum.  Some pro leagues even have collective bargaining agreements (“CBAs”) that dictate minimum salaries for newer players based on draft position, years of service and numerous other factors. (more…)

S-Corps: 3 Things to Keep in Mind

By: Leah Norod

“S-Corps” is a buzzword you may have heard tossed around while researching ways to structure your new business.  Perhaps you heard it whispered in the street.  Luckily there’s no secret entrance, and there’s a reason it’s talked about so often – S-Corporations let you avoid double taxation on your business.  However, S-Corp status is not for everyone.  It’s an exclusive club, and it has rules.  Here are a few things to keep in mind if you’re considering joining. (more…)

# Four Things to Consider Before Trademarking a Hashtag

By: Marie Smith

If you’re a social media veteran, you probably already know to use hashtags to add context and humor to your posts (“This has been the longest week ever #TGIF #LetTheWeekendBegin”) or to search for specific content (“#SelfDrivingCar”).  Hashtags are popularly used on major social media platforms including Twitter, Instagram, Facebook, Tumblr and Pinterest.  In recent years, hashtags have become driving tools for online interaction between businesses, entertainers, and consumers.    (more…)

Ending an Employment Relationship – What Companies Need to Include in the Break Up Letter

By: Anjana Puri

Let’s face it – running a business is tough, and its needs may change as the business develops.  If you find yourself exploiting a different market than initially anticipated or losing money, you may have to reassess your staffing needs.  In some cases, you may find yourself faced with the hard decision of having to terminate employees who have worked at the company for years. (more…)

Instagram Famous: The Feds are Watching

By: Marie Smith

You like to stay on top of the trends, and Instagram is one of the best places to find out what’s new and cool.  One of your favorite celebrities just posted about a new product she says looks great, feels great and IS great. Now you NEED to get it for yourself!

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