An article on how to get unpaid staff. It is ashamed!!
I had the same questions and was looking for the answer too.
Thanks,
Hi thank you so much for this valuable info. However I have a question for you. What if the company is registered outside of California (e.g. AZ) but employees people in California? (Not sure if this matters but the company is 100% online without a physical office). Thanks so much for your help.
As a patient, I'd like to see it completely legalized. The prices charged are outrageous for an old weed. It should be available thru a pharmacy, since I have a doc's recommendation, as should it be covered by insurance. Believe me, if I took the drugs that the cannabis replaces it would cost my insurance a bundle. Haven't had much luck growing it myself, robbed outside crops and mold on inside. Thank u 4 listening:)
Jenny,
Great article. Thanks for helping us understand why we can't have local investors and what some alternatives are.
Does this mean that you can't give people shares of your startup before you IPO? For example, if you offer someone a 10% share in exchange for doing some work for you, have you just sold them a security?
You mentioned Crowdfunding as an option in the article. If your interested in crowdfunding and crowdsourcing you should definetly check out IndieGoGo.com. It’s a crowdfunding site that has had a lot of successes in the past and recently opened up its platform to support business ventures.
Daniel
Great strategies to raise money. Subscriptions and Pre-sells are excellent ways.
But you can also raise money by asking for specially structured loans. I believe you could structure a loan to be pseudo equity without running afoul of the low. You could structure the loan with very low or totally deferred interest, a very advantageous (to the business owner) payment schedule and also as non-recourse so, like equity, if the business goes out of business, you are not liable for the debt. With this type of loan you would have to offer a way above average interest rate for it to be appealing to investors. But, while you should check with your attorney, I do believe this could work without having to register with the SEC.
James Todd
Publisher: BuildMySiteforFree.com
Re: “Noncompete Agreements Are Also Nonlegal in California”
What happens when a employer cuts commission of their reps and targets the lone rep who sales the most