Six Key Legal Considerations for Startups
By Catherine Jheon ● February 20, 2017 17:35
The leading expert in the field of technology law, Goodmans LLP works with everyone from startups looking for seed capital and sound commercial foundations to multinational public corporations.
The full document delves into six areas of key considerations for startups:
1. Choosing the right business structure for your startup, be it sole proprietorship, partnership or corporation
2. Defining different types of intellectual property relevant to tech startups
3. Building a strong foundation and understanding all the different agreements between stakeholders and the capital structure (e.g., articles of incorporation, a shareholders agreement and a founder’s restriction agreement)
4. Choosing the right type of financing when raising capital (e.g., equity, simple agreement for future equity such as SAFE, debt financing, government funding and grants), as well as ensuring your startup complies with securities laws and exemptions
5. Building the right relationships by having a clearly defined contract with employees
To download the complete pdf version of this useful legal guide, click here.
Goodmans LLP is internationally recognized as one of Canada’s pre-eminent business law firms. The firm has market-leading expertise in M&A, entertainment and IP Law, corporate and transaction finance, private equity, real estate, tax, restructuring, litigation and other business-related specialties. Based in Toronto, they represent a broad range of Canadian and foreign clients from entrepreneurial businesses to multinational corporations, independent producers to Hollywood studios, investors to technology companies, financial institutions to pension funds and governments. It has a reputation for handling challenging problems that demand creative solutions.
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