What are tag along and drag along rights in a Shareholders Agreement 1

What are tag-along and drag-along rights in a Shareholders Agreement?

Linkilaw 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 …

Legal tips for moving your business online

Legal tips for moving your business online

Linkilaw Startup Advice & Tips

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 …

Pros and cons of share vesting

Pros and cons of share vesting

Linkilaw Startup Advice & Tips

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 …

What is share vesting

What is share vesting?

Linkilaw Startup Advice & Tips

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 …

Tips for Legal Business Contract Negotiation

Tips for Legal Business Contract Negotiation

Linkilaw Startup Advice & Tips

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 …

Common Startup Legal Mistakes And How To Avoid Them 2

Common Startup Legal Mistakes And How To Avoid Them

Linkilaw Startup Advice & Tips

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 …

Questions To Ask Before Splitting Equity

Questions To Ask Before Splitting Equity

Linkilaw Startup Advice & Tips

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. …

10 Tips for naming your business

Linkilaw Startup Advice & Tips

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 …