Tag: Legal

Fail fast is a catchy phrase intended to suggest moving on quickly if a business idea flops. It should not be taken as a license to recklessly trip over basic legal, regulatory, or fundraising Read more

The #MeToo era has created new challenges for entrepreneurs and startups. Cautionary tales abound of startups whose hard-partying culture resulted in sexual harassment, hostile work environments and Read more

In 1979, Personal Software began selling Visicalc, the first personal computer spreadsheet. Visicalc was so compelling, people bought Apple II computers just so they could use Visicalc, making it the Read more

Class Explores Legal Aspects of Business Entities

The Law and the Entrepreneur course at Bradley University explores the legal aspects of the different options for structuring a business -- LLCs, sole proprietor, partnerships and others. In 2011, I Read more

Introduction In October of 2014, Frances Courtepointe 1 started a Kickstarter campaign for her venture Phenom Fabrics 1 . She promised hand dyed fabric "fat-quarter" cuts - a 18” x 22” piece of Read more

Is it possible to transform a staid and professionally respectable but entrenched legal industry? Yes, particularly when one of your startup founders is a multi-talented serial entrepreneur, computer Read more

In the alphabet soup of corporate structuring, being an “L3C” says that a company is committed to social or environmental goals as well as its stockholders. Unlike the nonprofit 501(c)(3)s, Read more

How Small Business Owners Can Overcome Terrible Regulations

Regulations can destroy even the best entrepreneurial dream. To help entrepreneurship thrive in this nation, Institute for Justice (IJ) a public interest law firm that has successfully defended the Read more

Intellectual property -- a legal concept that refers to the product or fruits of human creativity for which exclusive rights are recognized -- is often critical to the success of both product- and Read more