Social Entrepreneur


Many founders of small companies and social enterprises will be asked to Guaranty service contracts or engagement agreements with consultants or contractors.  This should raise some key questions before any founder or small business owner puts themselves, and their assets, on the line for these relationships. The concept of the personal guaranty is not a new one.  Traditionally personal guaranties tend to be confined to banks and other lenders dealing with businesses who do not have the assets or revenue history to collateralize a loan or line of credit.  The idea being is that by having a owner/founder put......

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Articles, Business Transactions & Services, Flat Fees, Intellectual property, Social Enterprise, Social Enterprise & Nonprofit, Social Entrepreneur, social entrepreneurship, Social Purpose Corporation, Startup & Formation |
February 14, 2012

The “Social Purpose Corporation” passes the Washington State House of Representatives

As we’ve previously explained on this blog, several states have adopted legislation accommodating legal structures for businesses that make a social impact.  For example, Maryland, New Jersey, Hawaii, Vermont, California,...


Articles, Business Transactions & Services, Flat Fees, Intellectual property, Social Enterprise, Social Enterprise & Nonprofit, Social Entrepreneur, social entrepreneurship, Startup & Formation, Venture Capital |
February 7, 2012

The Importance of Understanding Your Company’s Financial Projections

Many companies seeking investor capital retain professional service providers to put together financial projections and other information about the company, evidencing why the company is poised for growth and deserving...


Articles, Benefit Corporation, Business Transactions & Services, Flat Fees, Flexible Purpose Corporation, Intellectual property, L3C, Social Enterprise, Social Enterprise & Nonprofit, Social Entrepreneur, Startup & Formation, Venture Capital |
January 30, 2012

Before Raising Money – Identify Your Liabilities

As more social enterprises seek to obtain investment capital to help grow their business, it is important for Officers, Directors, and Founders to identify potential liabilities, and deal with them,...


Articles, Benefit Corporation, Business Transactions & Services, Dispute Resolution, Flat Fees, Flexible Purpose Corporation, Intellectual property, L3C, Social Enterprise, Social Enterprise & Nonprofit, Social Entrepreneur, Startup & Formation |
January 15, 2012

Dispute Resolution Planning for Social or Hybrid Entities

With the uncertainty surrounding new corporate entities such as the Benefit Corporation, Flexible Purpose Corporation, and Low Profit Limited Liability Company, it is important for these businesses to contractually control...


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