submitted by Sood Tronson at The Soody Tronson Law Group
We found this flow chart depicting the patent process to be very enlightening. Feast your eyes on this…
Patent Flow Chart
QUESTION:
My investors want to do an “inside round,” and I was wondering if an inside round is a bad thing? Does it hurt a startup’s chances of future funding? What should I look out for?
ANSWER:
QUESTION:
I’m about to sell my company, and I’m wondering what are the advantages of going with a third-party shareholder representation firm rather than just doing it myself? No one on our board seems to want to do this job, and I’m not sure if I should do it, or if we should hire someone.
ANSWER:
QUESTION:
My startup has a site, and we need to get funding. What’s more important, revenue or users? Should we make our site free, and thereby gain more users, or should we start charging for the service and focus on revenue?
ANSWER:
QUESTION:
When do you call it quits on a failed startup? And how do you reinsert yourself into the conventional world?
ANSWER:
QUESTION:
I want to hire an overseas software developer. What should I watch out for? I’m worried that they may steal my IP. I’m also worried that they may not deliver and I’ll have no recourse. But I can’t afford a US developer. Any advice would be appreciated.
ANSWER:
QUESTION:
What are the rules around having unpaid interns? We’re a San Francisco startup. Are we allowed to legally bring on interns without paying them?
ANSWER:
Pam Hedblad
Advisor
Pam Hedblad is a CPA Principal at Abbott, Stringham & Lynch. With 28 years of public accounting service, Pam Hedblad works closely with a wide variety of clients ranging from manufacturing and construction, to technology and professional service firms.
Pam Hedblad
by Pamela Hedblad at Abbott, Stringham & Lynch
If you are a female business owner planning to secure a bank loan in 2011, steer clear of these common mistakes or risk being turned down. In my role as a Principal at Abbott, Stringham & Lynch, a Silicon Valley accounting firm, I serve a number of women-owned businesses. While banks offer loans tailored to women owners, I see applicants turned down due to mistakes that could have been avoided. The following is my list of top mistakes made by women-owned businesses when applying for a bank loan.
Nicholas de Wolff
by Nicholas de Wolff, founder of deW Process
I disagree with the contention that social media is “…just a plural term for any online vehicle that allows for, and encourages, interaction” (see one of my previous postings on Social media for details). Additionally, I predict that business websites will soon be far less crucial to a brand’s marketing strategy and market engagement than one might think (but more on that in a later post).
