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Recent Business Plan questions
We are in the process of starting a business, I have someone
Hi Pearl,JA: The Corporate Lawyer will need to help you with this. Have you consulted a lawyer yet?Customer: We are in the process of starting a business, I have someone who is putting $40,000 up front for 15% of the business. He also wants a monthly check for work he does with the company. The workload now will be about 70% myself and 30% of his contribution to labor. I'm trying to figure out how to write up a contract correctly that will state the proper amounts and percentages, also what the split will be on capitol at the end of the year.JA: Is there anything else important you think the Corporate Lawyer should know?Customer: The business will earn about $5,000 a month to start, will grow each year. We have agreed to a 80/20 split plus his money he will recieve for working part time.JA: OK. Got it. I'm sending you to a secure page on JustAnswer so you can place the $5 fully-refundable deposit now. While you're filling out that form, I'll tell the Corporate Lawyer about your situation and then connect you two.
I'd like to provide a service to my clients where they can
I'd like to provide a service to my clients where they can upload a mailing list with names and addresses, and then my system finds the mobile phone number associated with each name, and then my system sends a pre-recorded message straight to each mobile phone number's voicemail box. The mobile phone does NOT ring, it simply alerts the recipient to a new voicemail which they can then listen to.What rules and liabilities do I need to be aware of before doing this? How can I make this legal (in light of the telemarketing laws), and eliminate my liability?
Who can set up a small coffee shop from A to
hello,"Who can set up a small coffee shop for me from A to Z, as a small business?" Because It's so many details in the equipment, I don't want to buy francizing it's too expensive. (I'm not talking about business plan or any paper work) Literally about equipment who really should I find with the knowledge of it. Thank you.
Thank you time. Any advice you have would be a tremendous
Thank you for your time. Any advice you have would be a tremendous help right now. I have a dear friend who is dying. He has about 100,000 in savings. He would like to donate that to a professional organization that has been in development for the last 3 yrs. The organization has not fully incorporated. It will be a 501c6 associated with a larger 501c3. The org has most things in place for the organization e.g. bylaws, board, president, treasure, fee structure, committees developed etc. My friend would like to make sure the funds are used for a specific program development. The professional organization is open to this. So my questions are:1. Is it possible to have this money donated to the organization prior to being fully formed? If so what type of legal help would we need. The organization is tiny and has limited ability to fund legal advice until we start getting members.2. Is it possible to make some specific criteria or a process for the distribution of funds so that it matches my friends values and vision?3. Should the org make a quick move to incorporate to be able to accept the donation? It is close to having this set up any way.4. Would it be possible to have the parent 501c3 be given the money with a binding agreement that the funds will be distributed to the 501c6 when the corporation is formed under the agreed upon guidelines for distribution? If so what type of legal help would be needed?5. What process should we put in place to assure that my friend's visions are understood well enough that they can be carried out?Thank you!!! I appreciate your help!
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My business partner and I operate a Nevada LLC with just the
My business partner and I operate a Nevada LLC with just the two of us as members. He is an Australian citizen, so as a result we have to pay federal withholding tax, etc which takes a big toll on my partner's cash flow throughout the year. He wants to be removed from the LLC as a member and just be paid as an independent contractor so he doesn't have to deal with tax filing in the US, etc. Searching online, it looks like he needs to file a certificate of resignation with the state. I also read we have to update our company registration but not until our annual report is due (which is May 31st).The desired outcome is that my partner be removed from the LLC ASAP and not have to pay these US taxes for 2016 and instead be a contractor/supplier.My question is: what is the exact process of doing this in Nevada for our LLC to achieve this. Our accountant advised we speak to an attorney in NV who can get the paperwork in order but we (like many) are short on cash to pay for something like this so we want to do it ourselves with the guidance of a good Samaritan here on JustAnswer who understands how to do this.Thank you in advance!-Levi
Im trying to start a assisted living to care elderly and
Customer: ***** *****. Im trying to start a for profit assisted living to care for the elderly and wondering if that for profit business can accept funds from a non profit foundation specifically to pay expenses for the residents of my assisted living facility. JA: Thanks. Can you give me any more details about your issue? Customer: I am a nurse and am looking to start a for profit assisted living facility. I intend to have the patients monthly expenses paid for by a non profit foundation that is funded by private donations and local churches. so my question is can the for profit business accept these funds/donations from the non profit, private foundation. JA: OK got it. Last thing — JustAnswer charges a fee (generally around $18) to post your type of question to Business Law Experts (you only pay if satisfied). There are a couple customers ahead of you. We can help you for less if you're not in a rush. Are you willing to wait a bit? Customer: sure I can wait. JA: OK. Now I'm going to take you to a page to place a secure deposit with JustAnswer. Don't worry, this chat is saved. After that, we will finish helping you.
What is typically involved in an investors due-diligenceView more business law questions
What is typically involved in an investors due-diligence cycle? If I apply for an investment with a venture capital firm, what should I be prepared for? Are they going to run a background check, call my banks, pull tax records, etcs?Just what is the extent of it at this point?