We talked about the importance of legal advice in a venture, and should be seen as investment and insurance, and not as an expense.
My intention now is to have some legal advice it is important for any entrepreneur into account.
1) Hire a good lawyer.
And … yes, I must begin well, lest they think that is enough with these tips. The best advice I can give is to hire a good lawyer who understands the market in which they are operating. These tips will give you a basis to be understood as an agenda on how to talk to your lawyer, but not to dispense with his services.
2) Corporate Organization.
It is important to the papers neatly from the beginning. Especially if the idea is to seek funding. Although it seems more, plus the incorporation is advisable to sign a shareholders agreement to govern and secure coexistence today the possibility of some decisions tomorrow, such as dilution before a capital increase of income of a investor. “It is better to blush at first yellow later”.
3) legal protection of intangible assets.
The technology start-ups are creators of intangible assets. Since its brand, its design, code and maybe part of the technological solution they can be protected as intellectual property rights and their protection is very important to prevent further problems or the emergence of third-party copies. Also, if the company will build on technological development is important to analyze the possibility of obtaining a patent on this development. These alternatives ensure or increase, as appropriate, the value of the company, as always.
4) Firm contracts.
We all trust in people. We all believe that lawyers and contract negotiations seem to respond to the rhythm vetiginoso we do business. But it is a grave mistake to not capture the relationships in those contracts that address all aspects of the relationship. Many times when you go into detail required for the contract may or improve business or realize it would never work. If this happens, it will also set clear rules that allow the business to take its course smoothly.
5) Add to your workers.
This is essential for sleep. Internationally, the rules do not punish with fines registration workers who often can be quite onerous. Also, having people that came and help us build our project in the position it deserves, eliminates friction that might affect their performance. Finally, obviously the employees have not registered is an obstacle to investment.
6) Check the legality of your web
Although not created, there are rules that apply to the network. A page requires certain precautions and content. Not enough to copy the terms and conditions of a similar page and adapt “to eye”. Revision is needed that often must be conducted in parallel with developing the site, as some of the legal requirements can determine the forms or content owned the site.
