Entries by Helen Lavigne

The Coronavirus Could Affect Your Contract

  The spread of coronavirus and COVID-19 continues to shape interpersonal and business interaction, and it is unclear how substantially the pandemic will impact economic ecosystems and individual businesses. At some point, however, every business is likely to feel an effect. Now that many organizations have cancelled or postponed events and other in-person activities, businesses […]

March 13, 2020 by

AB-5 – California’s New Labor Law Affecting Businesses & Contractors

  By: Benjamin Jacob The future of work is up for debate in Congress and state legislatures across the nation. AB-5 – California’s controversial new labor law went into effect this past January. The new law dramatically redefines the test for whether workers are employees or independent contractors creating a presumption workers are employees.  The […]

March 5, 2020 by

How Does Dilution Work?

At the outset, dilution is the process of pro rata deduction of ownership percentage as additional holders are added to a company’s capitalization chart. Dilution happens as the number of shares held by a person is static while the total number of outstanding shares (the denominator) grows (e.g. 1/1 = 100% | 1/10 = 10% | 1/100 = 1%). If you bring investors or others onto your company’s cap chart dilution is unavoidable…

January 15, 2020 by

The Tax Effects of Filing (or Not Filing) an 83b Form

  I don’t know anyone who likes paying more taxes than they have to. So, if you’re an entrepreneur and you’d like to keep more of your money, read on.   Part one (the basics). All shares of stock in every company have some value, even shares in the earliest stage startup with the most […]

January 7, 2020 by

December Update: Pilot Projects, How to Avoid Scams, Cows in VR headsets, & More

Welcome to More From Fourscore What new resources do we have for you this month? Take a look at our quick video from Jesse Jones, Fourscore Business Law founder. MicroGrid Labs What’s your company’s specialization? For our client, MicroGrid Labs, it’s all things power engineering and automation. After completing three pilot projects, we’re excited to share […]

December 20, 2019 by

Does My Company Need a Bank Account?

  By: Sean Valle When working with startups, we often hear the question “does my company really need a bank account?” The short answer is yes. Here, we outline some of the reasons that maintaining a separate business bank account specifically for your company’s finances is essential from a legal and accounting perspective. The value […]

December 18, 2019 by

November Update: How Physical Fitness Helps Founders, Upcoming Local Events, Business Funding & More

Welcome to More From Fourscore What new resources do we have for you this month? Take a look at our quick video from Jesse Jones, Fourscore Business Law founder. Aurum Capital Ventures Great entrepreneurs attribute their success to trusting their gut and staying agile as they grow. And JP Baric, founder of Aurum Capital Ventures,  is one of them. Read the Client […]

November 19, 2019 by