Articles in Start Ups

NEW SEC RULES ALLOW GENERAL SOLICITATION AND GENERAL ADVERTISING IN PRIVATE OFFERINGS UNDER RULE 506

The Securities and Exchange Commission on Wednesday, July 10, issued final rules lifting the longstanding prohibition of general solicitation and general advertising in private offerings of securities conducted in reliance on Rule 506 of Regulation D under the Securities Act of 1933. The new rules, … Read More »

TERM SHEETS: KEEPING YOUR NONBINDING DEAL POINTS FROM BECOMING “CONTRACTS TO NEGOTIATE AN AGREEMENT”

Date: May 29th, 2013

Term sheets serve several important functions in the early and intermediate stages of many business transactions. These documents—also called letters of intent and memoranda of understanding—enable parties to frame and negotiate the essential elements of a transaction, including determining if a meeting of the minds … Read More »

JOBS ACT: BIG CHANGES MADE TO ALLOW SMALL INVESTMENTS

Date: April 17th, 2012

A very important and exciting piece of legislation just passed the House and Senate, and on April 5, 2012, received President Obama’s signature. The legislation is all about creating jobs for American workers by allowing businesses to raise capital through avenues currently prohibited or limited … Read More »

WASHINGTON SENATE WORKING ON B&O TAX EXEMPTION FOR NEW BUSINESS

Date: February 9th, 2012
Categories: Start Ups

On February 3, 2012, the Washington State Senate Committee on Economic Development, Trade and Innovation voted in favor of Senate Bill 6327[1. SB 6327 has been referred to the Ways and Means Committee, the primary fiscal committee for the Washington State Senate. The Committee has … Read More »

GOOD NEWS FOR STARTUPS IN NEED OF FINANCING. “CROWDFUNDING” MAY BE ON THE WAY.

Date: November 17th, 2011

Earlier this month, the U.S. House of Representatives passed H.R. 2930, which is intended to clear the way for startups and other businesses to offer and sell securities in small offerings of up to $2 million, with individual investments limited to $10,000 or 10% of … Read More »

STIMULATING STARTUPS: THE TROUBLE WITH THE PRESIDENT’S PROPOSAL

Date: February 7th, 2011

Recently, I traveled to Washington D.C. to be with my brother-in-law, Sean Duffy, for his swearing-in as a freshman Representative for Wisconsin’s 7th Congressional District. On the flight to D.C., I sat next to my own Congressman, Rep. Jay Inslee, and we had a wide-ranging … Read More »

AMENDMENT TO PRESERVE REGULATION D PASSES

The following press release is also available here. ANGEL INVESTOR AMENDMENT PASSES May 17, 2010 WASHINGTON, D.C. – A bipartisan group of Senators tonight scored a victory that will provide strong protections for investors while promoting small business startups vital to job creation. A bipartisan … Read More »

UPDATE: AMENDMENT PROPOSED TO PRESERVE REGULATION D

On May 13, 2010, an amendment was proposed to Senator Dodd’s financial regulation reform bill that would largely preserve the current state of Regulation D.  The amendment, SA 4037, calls for the following: – Maintain the current net worth criteria for Accredited Investors at $1 … Read More »

FINANCIAL REGULATION OVERHAUL THREATENS STARTUP COMPANY FINANCING

Date: April 30th, 2010

Regardless of your political persuasion, if you are an entrepreneur running a startup company you should be nervous about the financial regulation overhaul bill currently being debated in the U.S. Senate.  Known as the “Restoring American Financial Stability Act,” the pending bill threatens to do … Read More »

“What Form of Business Entity is Best For Me?” – The Entity Comparison Matrix

Date: November 19th, 2009
Categories: Start Ups

Ashbaugh Beal is proud of its reputation as the “entrepreneur’s law firm.”  Over the years, we have worked with countless entrepreneurs and their start-up ventures, often from the very inception of their business.  Inevitably, a significant aspect of our initial counsel involves helping the founders … Read More »