In accordance with a new regulation that took effect on October 31st, 2017, New York City employers are now prohibited from inquiring about or relying on salary history during the hiring process. This ban makes it an unlawful discriminatory practice for an employer, employment agency, or employee or agent of the employer to: (1) inquire about the salary history of an applicant; or (2) rely on salary history of an applicant to determine salary, benefits, or other compensation for such applicant during the hiring process. Employers should revise their hiring processes in order to ensure their compliance with the new law as soon as possible.
SCN Corporate Connect's Jane Kings sits down with Vincent Molinari - CEO of Liquid M. Capital, to discuss the difference between Security and Utility tokens in ICOs.
SCN Corporate Connect's Jane Kings sits down with Vincent Molinari - CEO of Liquid M. Capital, to discuss how ICOs can be used to create social change through impact investing.
SCN Corporate Connect's Jane Kings sits down with Vincent Molinari - CEO of Liquid M. Capital, to discuss cryptocurrency and ICO's.
Over the last twenty years or so, the limited liability company (“LLC”) has become a popular entity choice as a business entity. An LLC offers a great deal of flexibility in how it is structured and operates, including the ability for its owners to decide to be classified as a partnership, S corporation, C corporation or, if there is only one owner, to be disregarded as an entity for federal income tax purposes. Notwithstanding the great deal of flexibility afforded to LLCs, the federal tax rules do not permit a person to be treated as both an owner and an employee of a LLC that is treated as a partnership or a disregarded entity. As a result, owners of these types LLCs who are employees of the LLC should be aware of how both their salary and income are treated for federal income tax purposes.
Selecting and protecting your “brand” should begin from the very moment a business is in the process of being formed, whether that business is a sole proprietorship, partnership, corporation, limited liability company, or some other type of entity. It makes no difference whether the entity is a for-profit or not-for-profit organization, and the size of the entity is also irrelevant. Your “brand” is your public facing identity by which you will be known and through which your reputation will be developed. The goodwill you develop in your “brand” will be one of the most important and valuable assets you own.
By Amy Burkhoff
The Series limited liability company (the “Series LLC”) is more nuanced than an ordinary limited liability company, and for the right user, it provides flexibility that will streamline administration better than other alternative entities. Although there are some risks and uncertainties relating to the Series LLC, as discussed further below, the Series LLC is a useful tool to create a series of limited liability companies in a single vehicle, preserving limited liability and reducing the administrative expenses necessary to organize different lines of business or manage different properties.
After being in the insurance industry for several decades in a variety of roles, I frequently get asked which insurtechs I think are going to be successful. In sum, I believe the insurtechs best positioned for success are those that are unlocking entirely new markets, thinking past the standard producer model, adding additional revenue streams, and utilizing distribution channels that allow them to efficiently reach more customers. Here are some of the topics our panel discussion focused on at InsureTech Connect 2017.
Asking the right people for the right advice can mean everything for your startup.
Jeremy Glaser’s #1 piece of advice. It is so simple, and yet so many people totally miss the mark.
Learn the main goal of your business plan’s executive summary, and how you can achieve it.
Is there such a thing as “dumb” money? Not all money can open up doors.
Why you shouldn’t seek an investor (and board members) just because they have a lot of cash. Seek the right investors; the ones that will provide value.
The most common topic entrepreneurs fails to tell an investor, and it is the one thing investors want to hear.
Practical insight on how to address the valuation question in a meeting with VCs, and how to get a second meeting.
Want to keep your job as CEO? Jeremy Glaser believes that you need to treat your board like you treat others in all successful relationships – from your company to your marriage!
Hear Jeremy Glaser talk about how if Netscape didn’t do this, it probably would not have changed the world. Find out why complementary team members are essential to your company’s success.
Watch Jeremy Glaser discuss the most important way to protect your limited dollars in the early stages.
Watch Jeremy Glaser discuss what he's learned in 34 years of working with startups. From how to craft a term sheet to how to find the right investor, Jeremy shares what he thinks every entrepreneur needs to know.
Historically, most start-up companies were funded either by the offering of equity or by loans in the form of convertible promissory notes. Recently, however, there have been some hybrid instruments created to fund start-ups. Most notably, and quite popular these days, is the use of an instrument called a SAFE. “SAFE” is an acronym for “simple agreement for future equity.”