Below you'll find a list of all posts that have been categorized as “Startup Advice & Tips”
As your company grows, there comes a time when you need to consider how to protect the shareholders involved. One of the ways this can be done is through a robust Shareholders’ Agreement. This is one of the most fundamental legal documents a company can have and specifies the relationship between the shareholders and the rights and duties they have …
Businesses around the globe have been challenged as never before due to the coronavirus outbreak, especially those with brick-and-mortar establishments. As a result of these challenges, we’ve seen a great number of companies quickly pivot to carrying out their business exclusively online. The speed with which businesses have been able to adapt is a feat of entrepreneurial spirit to be …
This article is the second part of a four-part series dedicated to share vesting. Check out the first article in the series: What is share vesting? In the last article in our share vesting series, we defined share vesting as the process by which an employee, investor, or co-founder is rewarded with shares or stock options but receives the full …
Developing a startup can be difficult, particularly with limited access to capital. And when it comes to compensating, hiring, and retaining talent – or finding potential investors – an early-stage startup may not have much to offer. In these types of situations, many startups turn to giving away equity as a tool to attract the right people. However, giving away …
Taking the leap of faith and starting your own business seems like a dream come true, but, you shouldn’t forget that this path is full of trials and tribulations. One of the hardest parts of being an entrepreneur and your own boss is decision-making. When you work for somebody else you don’t have to think about things like hitting quota, …
Without the right negotiation skills, you risk damaging relationships with clients and running into losses. With the right skills, you stand to earn more revenue and reduce your business risks. Negotiating a profitable business deal is about creating opportunities and exchanging value. The wrong way to handle negotiations is by dominating and intimating others into accepting your terms. For long-term …
As a startup owner, you are probably over the hill about getting the wheels of your game-changing new business idea in motion. While this is absolutely fantastic, such unbridled enthusiasm can make you forget about some arguably less exciting, yet very important legal issues. Negligence of the law (whether it’s intentional or not) can throw quite the wet blanket on …
Splitting equity in a startup can be a sensitive topic. How much equity does each founder deserve? The answer to this question is usually different based on each founder’s perspective and, consequently, can be a cause of conflict. But, if you ask the right questions, it’s possible to divide equity in a way that feels fair and satisfactory to everyone. …
As a business owner, you’ll have a vision and a plan for how your business will grow. But, do you know how to get investment funding? Investment funding is how you get your venture off the ground. If you have enough money saved up so that you don’t need any outside investment, good for you. However, if you are like …
While our beloved Shakespeare penned that ‘a rose by any other name would smell as sweet,’ the name you choose for a business must be consistent, unique and memorable unto itself. You should love it, and hope your customers will as well. And, if they identify it with a friendly company, they will share the news with others and your …
