Technically, any new business is a “startup,” regardless of what it does. But there are significant differences between a “small business” engaged in a basic retail or service business operated by its founders, and a “venture startup” backed by outside investors that is engaged in a manufacturing, high technology, e-commerce, Internet or media business. One of the most common mistakes business attorneys make is to confuse the two, assuming that what works for an antiques store will also work for an e-commerce website.
When representing an entrepreneurial company, you cannot afford to be a “specialist”. Your client will expect at least a certain level of familiarity with corporate, contract, intellectual property, employment, international, immigration, tax and securities law issues they will face in building its business and raising capital. As fast-moving, demanding risk takers with limited funds to pay for legal services, startup ventures and their founders will also challenge your time management, client management and ethical practice skills to the utmost.
This program focuses on representing the venture startup and dealing with the often complicated legal, tax, financial and ethical issues involved in working with fast-growing enterprises run by time-challenged entrepreneurs and backed by professional investors.
Part One Includes:
• Choosing the Right Legal Entity for a Startup Venture
• Corporate shareholders' Agreements and LLC Operating Agreements
• Your Client's "Social Mission": for-Profit, Not-forProfit, Benefit Corporation or "B Corp"
• Basic Tax Issues for the Startup Venture
• Capitalzing the Startup Business
• Intellectual Property Issues of the Startup Venture
• Representing the Web-Based Venture
Maureen Crush, Esq., Crush & Varma Law Group, Fishkill, NY
Clifford R. Ennico, Esq., Law Offices of Clifford R. Ennico, Fairfield, CT
John M. D’Aquila, CPA, D’Aquila & Company LLP, New Rochelle, NY
Teige Sheehan, Esq., Ph.D., Heslin Rothenberg Farley & Mesiti, P.C., Albany, NY