I was in NYC in early October and met up with some fellow CfiRA (Crowdfunding Intermediary Regulatory Advocates ) members who have it on good authority that the Title III rules for federal equity crowdfunding will come out in October. Woohoo again! This means that you can add a federal crowdfunding campaign to your New Year’s resolution. In all seriousness, this opens up another channel for capital for startups and small businesses to raise money in the form of either equity or debt.
Continue reading “Woohoo!: Title III Final Rules Before Halloween II”
Welcome back to the last installment of our “IP 101” series. It has been a unique pleasure to tackle these questions, and hopefully informative for those who have read them. Let’s get into the final questions.
It’s probably okay to start a legal tech business that operates in the current gray areas of legal ethics and regulations – lawyers need to stop hiding behind the unauthorized practice of law (UPL) shield.
As a small business, you have to approach things differently than larger companies in your field. But that doesn’t necessarily have to be a disadvantage. While big businesses have considerable resources to draw from for projects, they can also be the victim of an entrenched mindset that can prevent new and innovative thinking. Here are some ways that small businesses can succeed at winning an unfair game.
There are many parallels between growing your law practice and building a great company with respect to social media. The notion of delighting a small number of customers or clients versus mass marketing to thousands was a theme during our expert panel in Seattle last week on Social Media for Attorneys. Quality wins over quantity.
Small businesses and startups are often unaware of their blind spots when it comes to early stage business decisions. Putting it simply, many don’t know what they don’t know. Here are three key areas that every small business should address when getting your venture off the ground to avoid a crisis down the road.
When you’re starting your business, it’s natural to want to focus on the things that you want to do and accomplish and put some of the more tedious chores to the back-burner. You are the innovator, the dreamer, and what creative wants to be bogged down with the nitty-gritty of paperwork and forms and contracts? But in ignoring these details at the outset of your business, you could be placing your company’s long term future in jeopardy. Frequently, it isn’t the obvious threat that seems to be staring us in the face that does a business in, but a seemingly inconsequential oversight that can spell doom for a company. Here are some areas to pay attention to early, before they grow into larger problems.
It’s easy for entrepreneurs to become overwhelmed by the inordinate number of things that they have to do in a given day. It’s hard to find time for the little things, especially when you want to jump right in to big-picture tasks like product development or selling what you’ve created on the market. Often times, the seemingly minor details are lest to another day, as you tell yourself you’ll handle them once you have things under control. But these seemingly minor details, if left unattended, can pose a serious risk that could undermine your work in other areas. Here are ten ways you can address those risks before they overwhelm your business.