We have a Hong Kong company and are trying to launch. We have limited funds but are thinking of hiring someone and paying in shares. However, we don't want to just sell shares and watch our new...
My partner and I, want to bring a CTO on board since we don't have technical background. We already started with our start-up and agreed with the CTO on equity basis (no investment from his end),...
To buy a capital investment and build inventory, a family member wrote a $3,000 personal check to my company. We verbally agreed on terms of 1 year at 10% interest with monthly payments. My...
Could you start a company with a co-founder, and have generic agreements in place, all without registering a corporation?We're bootstrapping our first startup and don't want to spend both money and...
Under my agreement with my current employer, they retain ownership of everything that I create, both at work and side projects (the legal wording is very lose on this, and I guess it's like that...
Between me and my 5 other co-founders, we are deciding who will hold the CEO position. It has come down to me and another founder. I was told from one of my other founders that they thought I...
Monicka here, Am new to this site so don't know right format to ask question so please help this young entrepreneur. We are having a software service provider company. going to develop a software...
I've been offered 20% of the profit of a new startup if I build the website (which is essential to the business). What types of things should I look for in the agreement that is to be drawn up?
I've been given a paper to sign where it says: You will be paid equivalent when/if SomeCompany makes turnover. Eventually transactions between the parties must be seen as loans. What does that...
My business is a B2B SaaS business that I've been running for the last two years. It is self-provisioning, self-service, subscription-based service charged to customers credit cards. Monthly...
I am an independent developer (non-employee) who is coding a product for a startup. I have other sub-contracting agreements with other clients. The 'Technology Assignment Agreement' that the...
I am entering discussions where the subject of me receiving equity in a company might be brought up. I would like to know if there is a common business term (manner-of-speaking term) for an...
In The beginning Around one year ago we build a software company, we needed to quit our jobs, get financing, a product, legal work, accounting work, clients and partnerships with providers. we...
I have a partnership agreement I'd like a second opinion on, but I can't afford a lawyer right now. What other resources are out there? I've found a web-based contract review site that uses...
I am sorry that if it is not the right place to ask this question. I want to sell my idea to a/ a few companies to improve their products. I want to ask them to hire me as this project engineer to...
I'm working on an operating agreement for a three member LLC in which two of the members are married. I'd like to include some language that stipulates that in the event the marriage is terminated...
We have a company that has three business partners (all of us are liable for whatever happens in the company). One of the partners is temporarily leaving the company as he can't fulfill his duties...
According to related topic: If I'm working at a company, do they have intellectual property rights to the stuff I do in my spare time? (and related : Intellectual Property and Side-Projects in...
This is my situation. I had an idea and wanted to start developing it into a product. I brought in my first "partner" which is a guy I work with on a regular basis, I kicked some ideas around with...
Since I'm not a legal adult, is there anything special I need to watch out for in terms of startup culture? Technically, I can get out of any legal agreement (since they can't be binding until I'm...