Question
1/ In creating a business of any type the first thing that you need to check is whether the name is available.Imagine that you wanted
1/ In creating a business of any type the first thing that you need to check is whether the name is available.Imagine that you wanted to create a new business and then check to see if the name you would use is available.Please list the business name that you would choose and explain whether the name was available or not and if not what you would choose instead that was available. Also, please explain where you would incorporate and what you need to file in that jurisdiction to create the corporation.What is the fee for filing? Would you need to file in other states to operate in their areas?
2/ Assuming your answers to question 1, please explain how many classes of shares you might want to create and why. Who would you put in as interim board and why? Lastly, how would you finance your new company? Would you sell shares or seek bank loans or both and what are the pros and cons to each? Will you indemnify the directors and officers? Why or why not? Will you have Cumulative Voting?Why or why not? Will you have a shareholder agreement? What will the agreement cover and why?
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