LLC vs. Corporation: Legal structures for startups
Legal Structures for Startups: LLC vs. Corporation Choosing the right legal structure is one of the most important decisions a startup founder will make in their business formation. The choice between forming a Limited Liability Company (LLC) or a Corporation (C Corporation or S Corporation) has significant implications for taxes, liability, and the ability to […]
Contracts Your Startup Needs for Success
Launching a successful business startup involves navigating a complex legal landscape. Several key agreements and documents ensure clarity, protection, and smooth operations. Let’s take a deep dive on the contracts your startup needs for success, but first unpack some essential terms you need to know: 1. Intellectual Property (IP): This refers to intangible creations like […]
How Much Does a Startup Spend on a Lawyer? A Comprehensive Guide
One of the most critical yet often overlooked factors in launching a startup is budgeting for legal expenses. Whether your goal is to build a small business or scale to unicorn status, legal issues can arise at any time. Having a competent lawyer on your side is essential to navigating these challenges effectively. So, how […]