Get Started on the Right Foot
You know what they say, “A goal without a plan is just a wish.” If you’re like the startup business owners I know, you know that a wish simply won’t cut it. That’s why it’s so important to work with a startup law firm and ensure that you have a solid plan in place. As The LaunchUp Lawyer, I can help you create employment and consulting agreements, equity compensation plans, and seed and venture capital financing agreements.
Employment and Independent Contractor/Consulting Agreements – Managing Expectations On The Job
When you’re hiring a new employee or engaging a consultant or independent contractor, having a written agreement in place is vital. The best way to do this is with an employment contract lawyer. By working with an employment contract attorney, you can create a legally binding agreement that protects you and your employee, consultant or independent contractor. That’s a win-win for everyone!
Equity Compensation Plans – What Are Your Options?
As a startup, offering equity compensation can help you attract quality employees and make your team feel more invested in your company while saving you money. But, how will it work?
Are you going to offer stock, restricted stock or stock options? And will this be available for all of your employees or just people in key positions? What about consultants, independent contractors or board members? These questions are critical when you’re setting up your equity compensation plans, but there are also legal repercussions for each. Let me help you explore your options and answer all of your questions as your startup lawyer.
Seed and Venture Capital Financing Agreements –Raising Funds
As an experienced venture capital lawyer, let me tell you – generating business capital is a complicated process. With seed capital financing, which is usually invested in the early stages of a business, you tend to have smaller investors who take on bigger risks. If you decide to approach a venture capital firm, you may be able to gain bigger investments, but you also need more proof that your startup will be successful.
By working with a venture capital attorney, you’ll discover which option works best for your startup. After that, you can approach investors with a clear financing goal in mind, and a legal contract in hand, so you can get the capital your business needs with a solid understanding of the risks involved.