Category Archives: Business/Corporate Law
Commercial Coventures: Making a Difference while Making a Profit
By David Lawson Many entrepreneurs want to use their businesses to make a difference in their communities, but don’t necessarily want to start nonprofits or dedicate themselves only to charitable causes. One of the most common tools entrepreneurs use to … Continue reading
Incentive Stock Options vs. Nonqualified Stock Options
Companies and service providers to companies frequently confront this question. Which is better: an Incentive Stock Option (aka a statutory stock option) (an “ISO”) or a Nonqualified Stock Option (aka a Nonstatutory Stock Option) (an “NQO”)? What are the differences … Continue reading
How Many Shares To Authorize?
I am frequently asked this question: How many shares should my startup authorize in its charter (its Articles or Certificate of Incorporation)? The trite, short answer is—authorize enough. The longer answer is more nuanced, and basically boils down to—authorize enough … Continue reading
How To Form A Washington Social Purpose Corporation
By now you have probably heard or read about Washington social purpose corporations (see, for example, my article in GeekWire: http://www.geekwire.com/2012/big-positives-washingtons-social-purpose-corporations/). And now you might be wondering how to actually form a Washington social purpose corporation. The purpose of this … Continue reading
