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Personal Liability in Owning and Running a Business

Personal Liability in Owning and Running a Business

by Lea Strickland | Aug 5, 2025 | Business Articles, Business Ownership, Legal

Owning and operating a business entails various responsibilities, including tax obligations, payroll management, and loan repayments. Understanding personal liability, including when it arises automatically, when it’s voluntary by agreement, and when it results from...
Rescission Rights of Investors in Private Placements

Rescission Rights of Investors in Private Placements

by Lea Strickland | Jun 27, 2025 | Business Articles, Funding, Legal

Private placements are a common method for companies to raise capital from select investors without the extensive regulatory requirements of public offerings. However, these transactions are not immune to legal risk, especially concerning the rights of investors to...
Navigating IP Risks of Stipend-Funded Interns in For-Profit Companies

Navigating IP Risks of Stipend-Funded Interns in For-Profit Companies

by Lea Strickland | May 22, 2025 | Business Articles, Business Management, Government Contracting, Government Funding Compliance, Legal, Resources

For-profit small businesses, especially those leveraging Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants, increasingly rely on MBA interns to drive innovation and manage strategic projects. Many interns receive stipends...
Confidentiality Risk with MBA Internships at Small For-Profits

Confidentiality Risk with MBA Internships at Small For-Profits

by Lea Strickland | May 22, 2025 | Case Study, Legal, Small Business

  Case Study Small businesses are usually cash-constrained. They look for creative ways to obtain skilled workers; some use interns as a no-cost or low-cost option. These businesses must understand the confidentiality and other risks of using interns and take...
Best States to Incorporate: Compare Delaware, Nevada, Texas, and Wyoming

Best States to Incorporate: Compare Delaware, Nevada, Texas, and Wyoming

by Lea Strickland | May 15, 2025 | Business Articles, Business Ownership, Entity, Legal, Start-up

Choosing where to incorporate your business shapes your legal, financial, and operational future. Each state offers unique advantages and challenges, from Delaware’s legal predictability to Nevada’s low taxes. The stakes are clear, with companies like Tesla and Roblox...
Dexit Explained: What Every Business Should Know and Do

Dexit Explained: What Every Business Should Know and Do

by Lea Strickland | May 15, 2025 | Business Articles, Business Ownership, Leadership, Legal, Start-up

Many prominent companies are strategically leaving Delaware to reincorporate elsewhere in what has been labeled a “Dexit.” Tesla and SpaceX have shifted their incorporation to Texas, while Neuralink, Dropbox, TripAdvisor, and Pershing Square Capital...

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