Operations
Though business operations may vary across industries, implementing the right systems is integral to functioning day-in and day-out. Foley helps put these systems in place and manages your current systems.
Operations Documents
Frequently Asked Questions
When expanding globally, one of the most important areas for companies to consider is the cultural differences that exist between different regions and countries. Each culture is highly unique and ...
Equity compensation – such as stock options or grants of restricted stock[1] – can be a valuable tool for startups trying to attract and retain top talent. To avoid costly ...
Working for a startup can be a great resume and experience builder. Given the abundance of eager and available student labor, can your startup hire an unpaid intern? For most ...
At-will employment means that an employer can alter or terminate an employment relationship at any time for any reason, provided the reason isn’t illegal, or even for no reason at ...
A capitalization table, often referred to as a “cap table,” provides a snapshot of a company’s securities holders at a specific moment. The level of detail in a cap table ...
In the United States, securities offered to a company’s employees, consultants, or advisors, such as restricted stock or stock options, must be registered with the Securities and Exchange Commission (SEC) ...
Securities laws are a complex set of U.S. federal and state laws, regulations, and court cases that govern the offering and sale of financial instruments known as securities. Many other ...
Section 409A of the Internal Revenue Code, and the Section 409A Treasury regulations, are U.S. federal tax laws and regulations that effectively require companies to grant stock options with an ...
Many venture-backed startups incentivize employees by offering a portion of their compensation as equity. This allows employees to benefit from their contributions and share directly in the company’s growth. In ...
Federal and state employment laws mandate that employees receive at least minimum wage in cash for hours worked. Payment in equity-only does not meet this requirement. Usually, a founder’s service ...
Qualified Small Business Stock (QSBS) refers to stock that qualifies for tax benefits under Section 1202 of the U.S. Internal Revenue Code. This section allows the seller of QSBS to ...
Stock vesting is a legal and risk management tool by which a person gradually earns the right to keep their equity in a company. Equity typically “vests” over a set ...
Delaware corporate law requires that corporations have both a registered office and a registered agent within the state. The registered agent and office address must be listed in the corporation’s ...