Crowdfunding can provide an alternative source of funding for businesses seeking capital to launch or expand operations. Instead of relying on a single investor, businesses raise smaller amounts from many individuals through a qualifying investment offering. However,...
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Business Formation & Planning
Why should aspiring business owners know about LLCs?
Starting a business is a major undertaking, so it’s critical that you make decisions that will build the foundation for your company. One thing that you have to decide is what business structure you’re going to use for your company. While some new business owners turn...
How proper business formation is integral in your success
Starting a business is an exciting step, but success depends on more than a great idea. The foundation you build at the beginning can shape how your business grows and operates over time. Proper business formation ensures that your venture is legally recognized and...
How to choose a business structure
One of the first decisions small business owners have to make is what type of business structure they’re going to use. This sounds like it’s just a technical decision, but it’s actually the foundation that determines how your business will function. The structure of...
What is the purpose of a buy-sell agreement in a partnership?
Partners starting a new business together have to negotiate a thorough contract. Partnership agreements may discuss job responsibilities, financial investments and profit-sharing arrangements. They may also need to include buy-sell agreements. While partners might...
Are you thinking about starting your own business?
You have a business idea. You believe in its potential to make a profit and eventually grow. Having your own business may seem exciting at first. You have your own time, and you keep all the money. What you may have yet to realize is successful businesses start...
What is needed to get a liquor license in Oregon?
There are many Oregon businesses where serving alcohol is a key part of the business model - Restaurants, bars, venues, and breweries to name a few. For alcohol to be consumed in a business, however, there are certain legal requirements that must be met. Specifically,...
Top tips for business succession planning
Often, Oregon business owners understand the importance of succession planning but end up leaving it to “someday.” After all, busy business owners can have so many immediate, pressing matters to attend to. However, the truth is that leaving succession plans until...
Tips for effective investor communications
Maintaining strong, above-board communication with investors makes business sense. Besides the fact that it can keep value strong and keep lucrative relationships afloat, clear communication with investors is a legal requirement for businesses. Here are some tips...
The 4 types of buy-sell agreements
Buy-sell agreements are a critical tool for Oregon entrepreneurs and proprietors of all kinds. These agreements help to ensure that the business or businesses an owner worked so hard to build are properly transitioned when they are no longer able to run them due to...
