Two Considerations Startup Founders Should Understand Before Fundraising

by Audrey Wessel

Growing startups often reach a point at which fundraising is either necessary to continue the growth of the business, or appealing for other reasons. If you are considering taking on investment funds for your startup, there are several basic considerations you should keep in mind. This post covers two aspects that may often be overlooked by founders, causing potentially significant issues for your business and fundraising in later stages.  

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Meet Wes Zirkle, The Newest Addition to Our Indy Team

by Gutwein Law

We’re just going to say it: we’re picky. So, when we started our search for an attorney to join our team in Indianapolis, we took our time in finding someone who had the right mix of skills. The ideal candidate is business-savvy, detail-oriented, and widely experienced.

With that criteria in mind, when we found Wes Zirkle, we knew he was a perfect fit for our team and clients, alike.

Wes comes to Gutwein Law with nearly 20 years experience as an attorney representing celebrities, advising Fortune 1000 companies, growing a small business into a global leader in its field, and leading marketing agencies. He bears all the qualities we prize in our people: intelligence, integrity, and a burning desire to help our clients grow. In the Q&A below, Wes explains why he left his in-house past behind, his love for seafood, and more.

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What Documents Do I Need to Form a Company?

by Audrey Wessel

You're thinking of starting a business. You might have researched the requirements for legally forming a business in your state, which usually means filing certain documents with the secretary of state. Is this all you need to do? Are there any additional documents or agreements you should have in place? While your state may not require additional documents be filed, many companies will want to create additional internal documents governing the company, perhaps for the reasons described in this post.

Common formation documents include bylaws or an operating agreement, depending on the type of entity you filed; resolutions confirming your officers and/or board members, and setting forth the ownership of your company, if there are multiple owners or members; and certain agreements for founders, depending on your business, which may include intellectual property transfer agreements, or vesting agreements for the founders' equity.

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Illinois: A Guide to Tax Credits

by David Roberts

At Gutwein Law, we understand navigating tax credits can be difficult. So, we've put together a list of tax credits for Midwestern states to help you get started. Ready for today's blog post? Good! Make some noise for Illinois!

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What Every Startup Founder Should Know About Intellectual Property

by Tyler Droste

We see it all the time: startup founders ignore the importance of intellectual property (IP) and begin going about their business. Then, they run into trouble down the road. Infringements, misappropriation, ownership disputes, and ultimately lawsuits are enough to stop any startup in its tracks.

That's why registering IP with the appropriate governmental organizations is totally worth it. We'd even go as far as saying it's one of the first things you should do when starting a company (after forming the entity and determining ownership, of course). But, we don't want to make it sound too straightforward because there's a lot to consider when protecting your IP. We could go on and on, but that wouldn't be any fun. So, we'll just hit you with the basics. The stuff you really need to be thinking about as a startup founder.

Let's get down to it then.

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