Category Archives: Uncategorized

Accredited Investors

Accredited Investors: An Overview The term "accredited investor" is commonly used in financial circles, but what does it actually mean? In essence, an accredited...

Corporate Transparency Act

Navigating the Corporate Transparency Act In the ever-evolving landscape of corporate regulations, staying informed is key to ensuring compliance and maintaining the integrity of...

Startup Fundraising: SAFE v Convertible Note

When startups seek early-stage funding, they often turn to various financial instruments to secure capital from investors. Two popular options are a Simple Agreement...

Does a single-member LLC in MA require an operating agreement?

While it is not legally required to have an operating agreement for a single member LLC in many jurisdictions, it is still highly recommended...

Capital Contributions

A "capital contribution" is a contribution of money (cash), property (assets), services, or a promise to contribute one of the aforementioned in the future...

IRS EIN Responsible Party

In order to obtain an EIN with the Internal Revenue Service you must elect a "responsible party".   This is one of the individuals who...

Do I need an EIN?

An EIN is an Employer Identification Number obtained with the IRS for business purposes.  Despite it's name you may need or want to  obtain...

Do I need a Registered / Resident Agent?

A registered agent (also known as a resident agent in Massachusetts) is required for all registered businesses (like an LLC or corporation) to accept...

Member-Managed v Manager-Managed: Management Structure in the LLC

When forming a limited liability company (LLC) you need to determine if you wish to be Member-Managed or Manager-Managed.  In Massachusetts this election is...

Making the Most of Small Business Saturday

Everyone knows Black Friday, and the chaos that ensues with massive chain stores and companies offering great deals on their products, and often times...