Startup Business Law
Manage startup legal risk like a pro!
Feb 13, 2018 - Feb 19, 2018
Incorporation & Governance
Registering your business with the state comes with benefits and responsibilities. The process begins by researching the availability of your intended trade or service name, both statewide and federally. There are a variety of business entity forms to choose from. The most popular entity forms are corporations and limited liability companies. Each entity form comes with its own set of rules and benefits. Learn how to manage your business within the rules for each entity form, how to form an operating agreement with cofounders, and what’s necessary to open a business checking account.
Employment law is constantly evolving. There are different types of employees, and different rules for each type. Complying with state and federal laws for employees is crucial for your business to avoid lawsuits and bad reputations. Learn the differences between independent contractors, and employees. Learn the risks and benefits of having employees full-time or part-time. Learn how to recruit and manage employees in a manner that minimizes risk and maximizes return. Finally, learn how to incentivize early employees by offering equity in their employment contracts through an option pool that vests over time.
The financing of companies can be complicated if it is your first time. Companies can finance operations through debt or equity. Both methods of finance have their benefits and risks. Learn how to negotiate financing terms. Learn the key terms that are often evaluated and negotiated when receiving financing from a venture capital fund. Learn how to set aside stock options for employees through employee stock options, incentive stock options, and more.
If you do not properly manage your companies’ intellectual property scaling is impossible. Patents, trademarks, copyrights, and trade secrets are all forms of company property that need legal protection. Learn how to analyze the value and protectability of all potential intellectual property.
The rules governing business transactions have been established by both customs and laws. Every sale or service is a contract performed. Learn the rules governing contracts. Learn the most important provisions to watch in the contracts you review. Learn how to analyze the most common contracts for every business.