Legal Roadmap for Startups and Small Businesses

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Information about Legal Roadmap for Startups and Small Businesses

Published on October 28, 2015

Author: gamalaw

Source: slideshare.net

1. T: 415.795.1572 F: 909.972.1639 E: consult@gamallp.com ! gamallp.com ! @gamallp Internet Intellectual Property Privacy Social Media Technology The Good Stuff #nerdlawyers I have an idea. I have a co-founder. We’re just getting started. CoveringYour Bases Consider ! ➡ Do I have a founder’s agreement? ➡ Have I created a non-disclosure agreement for use with third parties? ➡ Do I have an Independent Contractor or Work for Hire Agreement for use with third parties? ➡ Have my co-founder and I talked about any of this stuff? S-Corp, C-Corp, LLC? Huh? Business Formation Consider ! ➡ Do I want to assume personal liability, tax or otherwise? ➡ Do I plan on taking in investment? ➡ Where does my company operate? Is it wholly online or is it brick and mortar too? ➡ Will I be adding employees soon? Use Protection. Intellectual Property Consider ! ➡ Do I have a logo or brand name? Might need a trademark. ➡ Have I built something cool that no one else has? Might want to explore a patent. ➡ Did I write something extraordinary? Design something? A copyright could be in order. ➡ If I do something with someone else’s intellectual property, how am I handling it? ➡ Do I have something I own that I could license to someone else? Am I a website, platform or mobile application? Privacy Please Consider ! ➡ Is my site live? If yes, please proceed toTerms of Use and Privacy Policy. ➡ Am I serving users in Europe or somewhere else outside of the United States? ➡ Am I building tools for kids to use?There are special rules. ➡ How am I storing the data I collect from my users? ➡ Who is responding to requests regarding my platform or app’s data use? Startup/Small Biz Legal Roadmap - 2015-16 So Cal San Francisco SiliconValley

2. T: 415.795.1572 F: 909.972.1639 E: consult@gamallp.com ! gamallp.com ! @gamallp Internet Intellectual Property Privacy Social Media Technology The Good Stuff #nerdlawyers Do I need $$$$? Investment. Consider ! ➡ Am I self-funding this operation? ➡ How do I want to be financed? Venture funding? Convertible debt? ➡ Do I have a path to make a profit? Am I selling something already that people are willing to pay for? ➡ If someone were to offer me money today, do I have the agreements ready to take it? Have I talked to my co-founders or previous investors? ➡ Have we decided who owns what of this new venture? People Work for Me. Employees v. Independent Contractors Consider ! ➡ How do I want my relationship with those who work for me to look? ➡ Is someone completely under our control? Will need an employment agreement. ➡ Has someone been hired to do one task for my new venture? Will need an Independent Contractor agreement. ➡ I want to hire employees and offer compensation packages. Will need to create these programs and designate someone to manage. I have no clue what else I’ll need. Not a Problem. Consider ! ➡ Calling Gagnier Margossian LLP. ➡ Reach Gagnier @ 909.493.6447 - gagnier@gamallp.com ➡ Reach Margossian @ 415.692.1202 - margossian@gamallp.com Startup/Small Biz Legal Roadmap - 2015-16 So Cal San Francisco SiliconValley

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