A business plan is a document that can be used for obtaining a loan from a bank, attracting investors to invest in your business, or obtaining an EB-5 Green Card, E-2 Visa or L-1 Visa. When a third party is…
IanScottMay 16, 2017
Many of our E-2 clients choose to purchase an established business as their E-2 investment. The purchase of an established business comes with significant benefits, such as an established revenue base and book of business, and the business does not…
IanScottJanuary 3, 2017
Starting a business brings up many questions; some fundamental questions include what type of business entity to choose, where you want to start your business and how to go about incorporating or registering your business. Every state has its own…
IanScottDecember 7, 2016
The Department of Homeland Security (DHS) has proposed a rule to allow international entrepreneurs to have temporary permission to be in the United States in order to start and develop their businesses. This is only a proposed rule and has…
IanScottSeptember 2, 2016
Cuando comienzas a trabajar en un buffet de abogados grande o en otra compañía, probablemente no tiene que preocuparse por generar negocio. Sin embargo, siendo un buffet de abogados nuevo o dueño de negocio, es importante crear redes de contactos…
IanScottMarch 10, 2016
What is the LLC Publication requirement? Limited Liability Companies formed in New York must publish notice of the company’s formation in two publications (one daily and one weekly) for six consecutive weeks. The notices must be posted within 120 days…
IanScottMarch 4, 2016
What are the Key Documents Associated with the Purchase of a Business? The purchase and sale of a business can be conducted by either a purchase of assets or by buying the stock or membership units of the target business. …
IanScottFebruary 18, 2016
Should you Buy Assets of a Company or Buy the Stock? Two of the principal ways of acquiring a business include purchasing of a target company’s assets and purchase of the stock or membership units of the target company. The…
IanScottFebruary 18, 2016
What are the Key Elements of a Purchase Sale Agreement for a Business? A Purchase Sale Agreement is the legal document that specifies all of the terms and conditions associated with the purchase and sale of a company or the…
IanScottFebruary 16, 2016
What are the Key Provisions in an Operating Agreement? A limited liability company is a business entity structure that limits your liability to the assets invested in the company. As such, if the business is ever sued, the owner or…
IanScottFebruary 16, 2016
Key Considerations of Buying a Business Buying an existing business can eliminate some of the risks associated with starting a business from scratch. This is especially the case if the existing business has a good track record and/or an established…
IanScottFebruary 15, 2016
Una visa E-2 es una excelente opción de visa de inversores para un individuo o compañía que quiere empezar un negocio en los E.E.U.U. La visa E-2 está disponible para los nacionales de ciertos países dentro del Tratado (alrededor de…
IanScottJanuary 8, 2016
Cuando empieza un negocio y quiere atraer su primera ronda de financiación, la Deuda Convertible es un producto que se le es ofrecido a Inversores. Mientras algunos consideran la Deuda Convertible una gran alternativa para vender equidad, otros son grandes…
IanScottDecember 10, 2015
An E-2 visa is an excellent investor visa option for an individual or company that wants to start a business in the U.S. The E-2 visa is available to nationals of certain Treaty countries (around 80 are on the list)…
IanScottNovember 18, 2015
Many potential clients that live in New York come to us and ask the question of, “Is Surrogacy legal in New York?” Like most things, the answer is that it depends. First and foremost if your surrogate does not live…
IanScottJanuary 8, 2015
As a business owner, all year you have likely been running around acting as manager, capital raiser, developer, business generator, marketer, human resource manager and administrative assistant. Given the numerous roles, it is often difficult to sit back and look…
IanScottDecember 24, 2014
When you form a corporation, the last thing you are thinking about is dissolution. Regrettably though, some legal entities fail and the founders are faced with tough choices. These choices become tougher when the founders had previously convinced friends and…
IanScottOctober 17, 2014
When you start a business and want to attract your first round of financing, Preferred Shares is one product that can be offered to Investors. Many Founders have asked us to explain exactly what Preferred Shares are and compare and…
IanScottJanuary 10, 2014
Surrogacy agencies typically perform a number of functions that are all geared towards organizing all aspects of the surrogacy journey. This typically involves the selection of the surrogate, the selection of the carrier, assistance picking an IVF clinic, drafting of…
IanScottJanuary 2, 2014
In addition to the regular business start-up issues, foreign nationals who want to start or expand their businesses in America often find themselves trying to navigate the complicated regulatory scheme that includes immigration law, dealing with the SEC when raising…
IanScottJanuary 1, 2014
Here are a number of Tips you should consider if you are considering surrogacy. Reach out to one of our attorneys so that we can guide you through the various contracts and the legal part of the process. 1. Find…
IanScottJanuary 1, 2014
As a business owner, all year you have likely been running around acting as manager, capital raiser, developer, business generator, marketer, human resource manager and administrative assistant. Given the numerous roles, it is often difficult to sit back and look…
IanScottDecember 2, 2013
Scott Legal, P.C. just completed offering documents including purchase agreement, shareholder's agreement, term sheet, investor questionnaire and other corporate documents. This also involved filing a number of SEC exemptions including a 506 and Regulation S exemption. The start-up technology company…
IanScottAugust 6, 2013
If you want to raise capital by issuing stock, convertible notes or any other security in the United States you will quickly realize that you fall into a complicated web of securities regulations. To make matters even worse, you must…
IanScottJuly 3, 2013
Forming A Corporation? What Do “Corporate Formalities” Mean and How Difficult Are They To Implement?
When deciding on which business entity to select, a corporation is almost always one of the options considered. The primary reason is a Corporation solves the problem of potentially losing your personal assets by separating the individual and the business…
IanScottApril 28, 2013
When starting a new business, our clients often have several questions and more often than not their questions are the same. This article summarizes some of key questions and answers that our clients have asked us. 1. What Are the…
IanScottApril 19, 2013
When you start a business and want to attract your first round of financing, Convertible Debt is one product that can be offered to Investors. While some consider Convertible Debt a great alternative to selling equity, others are vocal critics…
IanScottMarch 19, 2013
In the search for startup capital funding, family and friends can be a great source of financing as they will have a vested interest in your success, and they may be willing to take a chance on you that no…
IanScottMarch 8, 2013
This Article was recently featured & published by the New York State Bar Association. For every Business Owner, Investor & Entrepreneur, the thought of putting together a business plan is very daunting but is often a necessary evil for those…
IanScottJanuary 29, 2013
The amount of taxes that you have to pay is one of the key reasons that individuals select one business entity type over another. The term “tax” though is a bit too general for a business as “tax” could refer…
IanScottJanuary 15, 2013
As a business owner, all year you have likely been running around acting as manager, developer, business generator, marketer, human resource manager and administrative assistant. Given the numerous roles, it is often tough to sit back and look at the…
IanScottDecember 14, 2012
As a Certified Public Accountant (C.P.A.) and Attorney, I have had my share of questions from clients regarding which type of entity a person should set up if they want to start a business. Moreover, as this is a complicated area,…
IanScottNovember 29, 2012
What Does Surrogacy Involve? Surrogacy is a complex, emotional and costly journey but well worth the end result. The process is a confusing one and the exact steps really depend on what your particular situation is. For example, the steps…
IanScottNovember 9, 2012
When you start working at a big law firm or other large company you probably do not have to worry about generating business. As a start-up law firm or business owner though, it is imperative to get out and meet…
IanScottSeptember 30, 2012
