Spring is a good season to clean your house or your office, but Winter is the season for cleaning up your inner workings of the business. Why? Because for most companies, December 31st marks the end of the fiscal year. This clean up process can help make sure you didn’t miss anything and gets you […]
What is a Stock Option?
What is a stock option? A stock option is a contract that gives a person the ability to purchase stock at a later date for a specified price. Typically these are used in investment or incentive scenarios as a way to allow the optionee to take advantage of any upside the company faces without having […]
Treatment of Startup Funds: LLC vs Corp
Sometimes a small concept can make a huge difference. Because of the difference between Limited Liability Companies (LLCs) and Corporations, the money you put in to start them is treated in very different ways. Overview of Corporations A corporation is a distinct legal entity from the owners. It was created to separate management from ownership […]