Kyle Hulten wrote recently on the iVLG blog about new developments to the JOBS Act. For those of you not familiar with the JOBS Act, here’s a summary of Title II (equity crowdfunding) and Title III (crowdfunding) of the act. In a nutshell, the Jumpstart Our Business Startups Act was passed to provide businesses easier access to a wider pool (the public, or “crowd”) of investors. As part of the JOBS Act, the SEC lifted the 80+ year old ban on general solicitation (i.e. public advertising) of securities offerings–private companies had not been able to advertise that they were seeking to raise capital from investors.

It has been a long road since the act was signed by President Obama in April…

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As a small business owner, it is important that you are aware of all mandatory regulations that affect your business. One such regulation for employers in Washington is providing workers’ compensation coverage for all non-exempt employees. Today’s post discusses some general information related to workers’ compensation insurance, and highlights certain individuals who are not required to be covered by workers’ compensation insurance.

What is workers’ compensation insurance?
Workers’ compensation provides no-fault insurance coverage for most employers and workers in Washington state. Workers that are unable to work because of a work-related injury or occupational disease may be eligible for partial wage replacement benefits and medical treatment for injuries that occur as a result of their employment. Employers are required to…

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As a small business owner, you’re often required to wear many different hats. One of those hats is the “negotiator” hat. Whether you’re negotiating the terms of your new employee’s contract, or your determining the details of a manufacturing agreement, you often must negotiate to protect your rights. Today’s article highlights the key points from a previous iVLG blog article I wrote on how to engage in “principled negotiations.”

As a principled negotiator, you know that there are bigger or better opportunities and solutions out there–the sky is the limit with this approach. And collaborating during negotiations will allow the parties to explore mutual interests. The principled negotiation approach was made famous by Roger Fisher and William Ury in their book, Getting to Yes….

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Kyle Hulten recently wrote on the iVLG blog about the value of contingent contracts when negotiating agreements. It’s a great read and below I’ve highlighted some of the key takeaway points from Kyle’s article.

What is a contingent contract?

You probably guessed it. A contingent contract is a contract that includes contingencies, i.e. future events that may occur and change the terms of the agreement. Some of the most well-known contingent contracts are in professional sports. Athletes often receive additional money if they achieve certain goals. Another common example is in the employer-employee context. You may hire an employee and incentivize that employee to work hard by providing a non-discretionary bonus if the employee performs beyond a certain target, e.g. if employee…

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