8 Essential Steps for Startups
- written by Dayslegal
- Oct 19, 2017
- 2 min read
Updated: May 30, 2019
Generally, entrepreneurs do not concentrate on legal support of their startup. However, legal issues do arise from the early stages of development of a startup and follows the company until the exit stage. It is vital to the startup’s future to have a legal counsel help provide proper guidance from the early stages to this highly important aspect of the business. Needless to say, having all documents in due order makes a positive general attitude to your startup amongst potential partners/buyers. When it comes to protecting your idea, you need to decide if you are truly ready to turn pro with the help of legal assistance.
FOR MORE INFORMATION PLEASE CONTACT US AT: info@dayslegal.com
1. Structure: Determining Rights and Shares of the Partners.
2. Business Documentation: Such as Shareholders Agreement, User Agreement, Service Agreement, NDA etc.
3. Investment Documentation: Drafting and negotiating the investment documents.
4. Intellectual Property Protection: Patent protection gives credibility with investors, and opportunity to make money by licensing or selling the product yourself.
5. Incorporating the Company: Incorporation of the business with the best possible company structure.
6. Tax Management: Tax obligation and accounting.
7. Expanding the Startup: Establishing and expanding the Corporation structure abroad.
8. Mergers & Acquisitions: Successful exit strategies for the Company.
You might be dealing with “Trade Secrets”. We still don’t know the formula for Coca ColaJ
You can maintain this secrecy through a variety of tools including confidentiality and non-disclosure agreements. The more complex your idea, the greater likelihood is that you should talk to a lawyer rather than just pull these agreements from the internet. Contact us for a free consultation and to protect your great idea.
FOR MORE INFORMATION PLEASE CONTACT US AT: info@dayslegal.com
