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Selling stock in your company to raise money can mean running a gauntlet of state and federal regulatory requirements. Drawing up the documents to comply with investment laws is usually expensive and requires a securities lawyer, six weeks and $10,000 to $20,000.
Now, however, much of the process can be done online or with increasingly sophisticated software. And though no system is a complete substitute for the personal, professional advice of an attorney, these programs can help save time and money.
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