By Bryan P. King | One of the most critical details to understand when evaluating an offer to sell your company is the structure of the purchase price. It is easy to see the dollar sign and think “that’s what I’m getting for my company” but it’s important to pay...
By Bryan P. King | Whether the sale of your business kicks off with you contacting a prospective buyer or a prospective buyer contacting you, you can’t disclose much about your business without having a good nondisclosure agreement in place. ...
By J. Dain Dulaney, Jr. | You have made the decision; you are going to raise money for your new venture by using a convertible note. Given the stage of your company, you made this decision to avoid negotiation over your company’s valuation and to have simpler documentation than a...
By J. Dain Dulaney, Jr. | “But I don’t want to incorporate in Delaware!” is a common reaction that founders have when a new investor – often a venture capital fund or some other institutional investment group – makes an offer to provide financing to their company, but only if...
By J. Dain Dulaney, Jr. | Business owners ask me the same question almost daily, “How can I provide ownership in my company to employees, contractors and consultants to provide additional incentives for them to work harder for the company?”...
By J. Dain Dulaney, Jr. | Imagine this day for a moment: you are the CEO and announce to your investors and employees that the company is issuing additional equity ownership and that their equity ownership percentage is being diluted. Chaos ensues. You have panicked existing investors. Employees are up...