Before hiring your first employee, ensure your startup has the right legal foundation. This guide outlines 7 essential legal documents every startup needs, from incorporation paperwork to employment contracts. Set your business up for success with these must-have documents.
earn the essentials of U.S. export controls for tech companies. This guide explains export regulations like EAR, ITAR, and OFAC, common misconceptions, compliance steps, and key resources to help your business navigate international tech regulations effectively.
Equity splits are critical for startup success, impacting founder relationships, governance, and growth. A fair distribution reflects contributions, roles, and sacrifices, fostering alignment and trust. This article explores key factors like financial input, time commitment, and intellectual property, while emphasizing the importance of vesting schedules and legal agreements. It offers strategies to avoid disputes and provides practical frameworks, such as the Slicing Pie model, for determining equitable splits. With real-world examples and actionable advice, founders can navigate this sensitive process effectively, ensuring long-term success for their startup.
Choosing the right business structure impacts liability, taxes, and scalability. Sole Proprietorships and Partnerships lack protection and growth potential. LLCs offer flexibility but face investor challenges. C-Corps attract investors and scale well but involve double taxation. S-Corps reduce taxes but have ownership limits. California startups must also weigh local incorporation versus Delaware.
