The National Law Forum

The Blog of the The National Law Review

Category Archives: Business Organizations

Using Phantom Equity to Grow Your Business: Pros and Cons

This is the second article in a series examining when an entrepreneur should consider granting equity or equity-like interests in his or her company, and if so, how to properly structure that equity or equity-like grant.  To view the first article in this series, please click here.  Today’s topic: Phantom Equity. Phantom Equity Overview Phantom equity …

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Part Three: Tips and Considerations (#11 – 15) before Opening a Fitness Studio or Gym

This article is the third in a three part series on tips and considerations before opening a fitness studio or gym.  For the first article (Tips 1-5), please click here.  For the second article (Tips 6-10), please click here.   Here are tips 11 -15: 11.  Promote Your Studio Cost-effectively.  Bad news: building a membership …

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Part Two: Tips and Considerations (#6 – 10) before Opening a Fitness Studio or Gym

bikram yoga copyright

This article is the second in a three part series on tips and considerations before opening a fitness studio or gym.  For the first article Tips 1-5, please click here.  Without further ado, here are tips 6 – 10: 6. Location, location, location.  In my experience, poor location choice is the #1 mistake that people make when …

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SAFEs and KISSes Poised to Be the Next Generation of Startup Financing

businessmen with gear bubble and gear background vector

In late 2013, startup accelerator Y Combinator unveiled its Simple Agreement for Future Equity (“SAFE”) investment instrument as an alternative to convertible debt. While SAFE templates appeared in different varieties, the purported goal was to create a standardized set of basic funding terms between startups and investors while deferring decisions about valuation, liquidation preferences and …

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Crowdfunding? Really? Crowdfunding Rule under the JOBS Act

Count me a Luddite when it comes to social media in general, and more specifically, the supposed potential for crowdfunding and raising capital for start-ups and small businesses. My skepticism about crowdfunding admittedly has its roots in the resistance to public solicitation of non-public offerings that 20 years in state securities regulation embedded in me. Publicly solicited …

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