Advising Startups and New Businesses

Agenda / Content Covered

All times are shown in Eastern time.

1. What's the Difference? New Small Businesses vs. "Startups"
   10:00 - 10:30, Julie D. Globus
   1. Industry Terms and Trends
   2. Key Legal Issues: The Early Years
   3. Key Legal Issues: Adolescent Businesses
2. Choosing the Right Entity(ies): S-Corp, C-Corp, LLC, or Partnership?
   10:45 - 11:45, Julie D. Globus
   1. Top Questions to Ask the Entrepreneur
   2. It's Not All About Tax: Investor Attraction, Flexibility, Governance, Protection and More
   3. Taxation Comparison and Implications
   4. Multiple Entity Considerations
   5. It Depends: Entity Choice Case Studies
   6. Converting Entities
3. Financing and Capital Raising
   12:15 - 1:15, Steven Fried
   1. Understanding the Entrepreneur's Goals/Needs
   2. The Array of Funding Options: SBA Loans-Social Funding Platforms
   3. Executing a Capital Raising Strategy that Fits the Business
   4. Taking and Managing Debt
   5. Equity Financing and Venture Capital
   6. Securities Law Primer - Why and When Should I Care?
   7. Practical Tips, Forms and Resources
4. Hiring Employees and Contractors
   1:15 - 2:15, Steven Fried
   1. Overview: Legal Issues When Interviewing and Hiring
   2. Independent Contractors vs. Employees
   3. Employment Classifications
   4. Employment Agreement Key Provisions, Drafting Tips and Samples
   5. Structuring Compensation and Guaranteed Payments
   6. Attracting Key Employees with Equity: Mechanics and Implementation
   7. Basics of Employee Benefits and Handbooks
   8. Practical Tips, Forms, and Resources
5. Drafting Strategies and Forms: The Early Stages
   2:30 - 3:30, Julie D. Globus
   1. LLC Formation Package
   2. Corporation Formation Package
   3. Important Clauses: Contributions, Distributions, Buy-Sells, Exit, and More
   4. NDAs and Non-Competes
   5. DBA Registration
6. What Non-IP Attorneys Need to Know About IP
   3:30 - 4:00, Steven Fried
7. Ethical Concerns for the Startup Attorney
   4:00 - 5:00, Mark S. Cherry
   1. Going into Business with a Client
   2. Conflicts of Interest, Generally and with Specificity
   3. Avoiding Conflicts
   4. There is an Actual or Potential Conflict... Now What

Accreditation Details:

MARK S. CHERRY is an attorney with Mark S. Cherry Attorney at Law, PC, which is a general practice professional law firm in Cherry Hill, New Jersey that, in addition to the general practice of law, assists homeowners across New Jersey. His firm has extensive experience in foreclosure prevention, real estate, tax law and bankruptcy law. Mr. Cherry is admitted to practice in New Jersey, Pennsylvania, Federal District Courts, Bankruptcy Court, Federal Court of Appeals and U.S. Tax Court. In addition to being an accredited Civil Mediator, he is also the member of the American Institute of Certified Public Accountants (AICPA), American Association of Attorney - Certified Public Accountants (AAA-CPA), and New Jersey Association of Professional Mediators (NJAPM). He earned his J.D. degree from the Delaware Law School of Widener University. Before that he earned his B.B.A. degree from Temple University (Moot Court Honor Society).

STEVEN FRIED is a sole practitioner with OlyverClarity Inc. Mr. Fried earned his J.D. degree from University of Tennessee - College of Law.

JULIE D. GLOBUS is a partner with the law firm of Sabharwal Globus & Lim LLP, in West Nyack, New York, where she practices in the areas of purchase and sale of debt of distressed companies, international mergers and acquisitions, leverage acquisitions, mergers and acquisitions, and finance. Ms. Globus is an associate member of the Association of Certified Fraud Examiners. In the context of her established information wall and compliance practice, she has expanded to assist her clients with building an architectural framework for compliance with state and federal securities and finance laws, and in establishing strong internal controls. Ms. Globus earned her B.A. degree from Skidmore College, her M.A. degree from Hebrew University of Jerusalem, and her J.D. degree from Rutgers State University of New Jersey - Newark Campus.