Daniel DiCicco's answer You need an operating agreement to define these terms immediately. Without an agreement, you have no good way to resolve disputes, add or remove members, track profit shares, etc.
You need everyone to come together on this. Frankly you should not be investing money into any company where your rights to the money and profits are not clearly defined in a written document.
Daniel DiCicco's answer I don't think you have a simple option. Let's put it like this - when a real possibility exists that an investor's entire investment can evaporate, and then that eventuality comes to pass - people get mad. They start thinking of where things went wrong and while they may have seemed cool with it up front, when they still had all of their money, they may not be feeling so cool and calm about it after the fact.
This is where a proper, well-thought-out contract comes into play. What...
Daniel DiCicco's answer There is no legal requirement per se. Do you have a legal business entity like an LLC? If you do have an LLC then and you have concerns that perhaps one day you could be involved in a law suit, then I would want to keep my personal and business funds separate.
However, if you're just running a mom-n-pop business, then you can do whatever you want. There's no law saying you need a certain type of bank account.
Daniel DiCicco's answer You absolutely need to involve an attorney in this process and get a custom contract together. There is no off-the-shelf solution to this kind of arrangement. The greater the risk and the more complicated the arrangement, the more you will need a custom solution for your legal infrastructure. Something else you need to consider is that raising money for a venture is full of pitfalls and potential gotchas.
The way to move forward is to create a business entity that makes sense for the...
Daniel DiCicco's answer This is an interesting question and you may find answers in the corporate documents. It is not uncommon for corporate boards to have various adviser and counselor roles that don't have voting rights. It might be that they are generalizing by saying "non-voting board members" when they mean something specific like an adviser. If you have access to or rights to access the corporate bylaws, then you'll likely find your answers there.
Mr. Michael O. Stevens' answer While there are sometimes exceptions in federal law to home healthcare, which I'm not sure if there are in this instance, usually if someone is required to be at work they have to be paid. Contact BOLI.
Gregory L Abbott's answer Assuming you are on a month to month tenancy, they cannot raise your rent during the first year of that tenancy at all. Thereafter rent can only be raised with at least 90 days advanced notice. That said, they can raise the rent any amount they wish - your remedy is to simply give notice and move elsewhere if you do not want to pay it. If the landlord can't find anyone new to pay it, it either sits vacant or they drop the rent until they do find someone willing to pay it.
Mr. Michael O. Stevens' answer Not entirely certain if you are sub leasing to them, or you are sub leasing from them. If you are sub leasing to them, you are the landlord, and you can sent notices of deficiencies or a for cause eviction if they are violating the lease.
If it is the other way around, review the lease and see if your landlord has violated any terms you can use as leverage to get out of the lease.
Lastly, just remember that this is a commercial lease, so the landlord-tenant laws do not apply.
Benton R Patterson III's answer A business name does not have to match the name of a website it owns. It is fairly common for a business to own internet properties of a different name. It is likely fine to use the name doctor as part of a longer website name, so long as you do not do anything to suggest or cause confusion as to whether you are an actual doctor or are qualified to give out medical advice. If your business takes hold, you should consider protecting its trademark rights.
Benton R Patterson III's answer An attorney would need to review all the facts to answer this question, most importantly, the LLC operating agreement. It is possible there could be joint ownership of the property by the members, if not through the LLC, then through a general partnership created by law as a result of the collaborative nature of the project. The fact that certain property is not in the name of the LLC does not necessarily mean that the property is not jointly owned. For projects like this, typically the...
Joanne Reisman's answer You are describing a complex situation that has written documents that need to be reviewed before anyone can answer your question. There are also potential tax issues that may require the expertise of a tax specialist. It just isn't realistic to post a couple of sentences on a website for this type of problem and expect to get sound legal advice. I do understand that you are focused on the issue of what you did and didn't give permission for, but there could be other legal issues that need...
Joanne Reisman's answer This is a tax question, not a business law question. I suggest you hire a good CPA and ask them what tax issues you need to worry about with your current business set up. You can also ask what steps you can take to minimize your taxes.
Joanne Reisman's answer Talk to your bank and do damage control. Talk to your lender and find out why they didn't what they did. I would stop autopay so this can't happen anymore if that is an option. Talk to anyone that you needed to pay and can't and explain the situation. Most creditors are nice if you ask nicely and explain the problem. Ask them to waive any late fees or finance charges. It is time consuming but they usually will wave these. If you are able, apply for a low interest home mortgage equity line...
Mr. Michael O. Stevens' answer You do have some recourse. If you registered your images with the Copyright Office you have better options, but at the least you could send a take down letter/cease and desist letter.
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