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Setting Up Your New Business for Success

  • PGC Economic Development Corp. 1801 McCormick Drive (map)

POSTPONED

You’ve got a great new business idea. Your family and friends are full of encouragement and hope – and now you are getting ready to raise funds to support this endeavor.

Before taking the money, be sure take the foundational steps to develop a plan for how you’re going to form and fund your new venture.

Join Lerch, Early & Brewer’s business attorneys on April 14 as they walk you through the do’s and don’ts of setting up your business. The discussion will focus on understanding the different forms of business entities (for example, corporation or LLC) and selecting the right one for your business, based on tax and non-tax considerations. They will also cover the different types and sources of funding for your business venture. And, they’ll discuss when you will want to consider bringing in an attorney to handle certain complex parts of the project.

What You’ll Learn:

  • Common mistakes made when starting a business (such as raising a bunch of cash before you’re ready to use it)

  • The implications of failing to put the proper legal business structure in place early in the lifecycle of your business.

  • How business entities differ in terms of tax treatment, management structure, liability and more—and how to select the best business entity for your growing venture

  • Once you’ve chosen your form of entity, the basics of how to set up your business entity under applicable law

  • Overview of the necessary governing documents for limited liability companies and corporations

  • Different types and sources of funding—from bootstrapping, to seed financings to convertible notes to SAFEs, and more

  • How to select funding mechanism is right for your growing business and avoid making commitments now that will have unintended consequences for your business down the road

Who Should Attend:

  • Early-stage entrepreneurs

  • Anyone who has questions about how to properly form a business or raise capital

Schedule

  • Noon-12:30 PM | Lunch + Network

  • 12:30-1:30 PM | Presentation

  • 1:30-2:00 PM | Q+A

 

Speakers

 
 
Victoria Baylin Corporate Attorney Lerch, Early & Brewer

Victoria Baylin
Corporate Attorney
Lerch, Early & Brewer

Victoria helps emerging growth, development stage, and established companies to thrive by representing them in all aspects of general corporate and business law matters, including corporate governance, business operation, business and commercial transactions, acquisitions and dispositions, financing, and loan transactions throughout Maryland and the District of Columbia. Because of her experience as in-house general counsel to a technology company, she focuses on each company’s business objectives and views their legal needs through that lens.

 
Emily Hagan Corporate Attorney Lerch, Early & Brewer

Emily Hagan
Corporate Attorney
Lerch, Early & Brewer

Emily is a corporate attorney who helps businesses with corporate governance and transactions.  Prior to joining Lerch Early, she was with a commercial firm based in Delaware, where she worked with publicly traded and privately held Delaware corporations, as well as their boards or special committees of the board in cases of potential transactions, conflicts of interest, or fiduciary duty issues.