Startups
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Startup Light
If you are an experienced business owner or a serial entrepreneur, then you know that when you are in the formation stages of a business, a lack of planning can lead to problems down the road. The best way to avoid problems with your business including tax issues, litigation, or unnecessary outlays of capital is to take the steps necessary to properly form your business from the outset. The Startup Light is designed to help business owners set their business up correctly from the start in order to avoid problems as the business progresses.
The following tasks are included in Startup Light:
- Advice on the appropriate corporate form
- Verification of name availability
- Filing of certificate of incorporation
- Drafting of board approval for the incorporation
- Drafting of bylaws for the corporation
- Drafting of indemnification agreement for directors and officers
- Drafting of board approval for indemnification agreement
- Filing of IRS form for an employer identification number
- Filing to do business as a foreign corporation
- Registered Agent Registration
- Drafting corporate records and a minute book
- Drafting of restricted stock purchase agreements
- Drafting of stock certificates and receipts
- Drafting of board approval for stock issuance
- Drafting tax filings (83(b)) for restricted stock
- Issues related to pre-existing or related business entities
- Resolution of disagreements between former or current founders
- Paperwork for more than 5 founders
The following tasks are not included in Startup Light:
- Issues related to pre-existing or related business entities
- Resolution of disagreements between former or current founders
- Paperwork for more than 5 founders
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Startup Plus
The Startup Plus provides the same benefits as the Startup Light, but expands the services that are included to make the package more applicable to a more sophisticated entity structure which required additional contracts and agreements. Leverage the experience and knowledge of the attorneys at Nevantage Law Group to ensure that your business is properly set up from beginning, which will give your business a better chance of success.
The following tasks are included in Startup Plus:
- Everything included in the startup package light
- Drafting Equity incentive plan and form of stock option agreement
- Drafting board approval for equity incentive plan and stock option agreement
- Drafting initial stock option grants
- Drafting board approval for stock option grants
- Drafting offer letter for employees
- Drafting employee proprietary information agreement
- Drafting consulting agreement
- Drafting intern agreement
- Drafting unilateral non-disclosure agreement
- Drafting bilateral non-disclosure agreement
- Drafting advisor agreement
- Issues related to pre-existing or related business entities
- Resolution of disagreements between former or current founders
- Paperwork for more than 5 founders
The following tasks are not included in Startup Plus:
- Issues related to pre-existing or related business entities
- Resolution of disagreements between former or current founders
- Paperwork for more than 5 founders
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Incorporation Formation
The benefits of a corporation are widely-known and undisputed. Take advantage of the liability protection, possible tax benefits and the ability to raise capital by forming a corporation. Any business owner that is operating their business as a sole proprietorship these days is asking for trouble, so take advantage of the experience and expertise of the lawyers at Smallhouse Law Group to incorporate your business.
The following tasks are included in the Incorporation:
- Initial consultation to evaluate your needs
- Legal advice on how to best structure the corporation
- Prepare a first draft of the formation documents
- Address your questions in relation to the formation documents
- Prepare a final version of the formation documents
- Obtain your Federal Tax ID
- Advice on the appropriate corporate form
- Issues related to pre-existing or related business entities
- Resolution of disagreements between the founders
- Paperwork for more than 5 founders
The following tasks are not included in the Incorporation:
- Advice on the appropriate corporate form
- Issues related to pre-existing or related business entities
- Resolution of disagreements between the founders
- Paperwork for more than 5 founders
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LLC Formation
The proliferation of limited liability companies over the past 15-20 years has been amazing. Many business owners find that the limited liability company offers many of the benefits of a corporation but without a lot of the formality and strict governance requirements. Also, limited liability companies offer tax benefits to many businesses that C-Corps simply cannot. Contact the attorneys at Smallhouse Law Group and we will be happy to discuss whether a limited liability company is the right fit for you.
The following tasks are included in LLC Formation:
- Initial consultation to evaluate your needs
- Legal advice on how to best structure the LLC
- Prepare a first draft of the formation documents
- Address your questions in relation to the formation documents
- Prepare a final version of the formation documents
- Obtain your Federal Tax ID
- Advice on the appropriate corporate form
- Issues related to pre-existing or related business entities
- Resolution of disagreements between the founders
- Paperwork for more than 5 founders
The following tasks are not included in LLC Formation:
- Advice on the appropriate corporate form
- Issues related to pre-existing or related business entities
- Resolution of disagreements between the founders
- Paperwork for more than 5 founders
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General Counsel Basic
- A dedicated general counsel, available for 20 hours for a 3 month period.
Have you ever thought about how nice it would be to have an in-house attorney on staff to review contracts, draft memorandums and letters, and provide counsel to your business? The General Counsel Basic affords business owners the opportunity to have a “General Counsel” without having to incur the expense of paying an attorney’s salary. Leverage the experience and knowledge of the attorneys at Smallhouse Law Group to give your business to edge it needs.
The following tasks are included in General Counsel Basic:
- Reviewing and drafting contracts
- Ensuring that your business structure is accomplishing your goals
- Protecting your intellectual property with trademarks and copyrights
- Ensuring your marketing materials are complying with legal requirements
- Reviewing your employment procedures to avoid exposure
- Patent-related work
- Litigation
- Other highly specialized legal work
The following tasks are not included in General Counsel Basic:
- Patent-related work
- Litigation
- Other highly specialized legal work
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General Counsel Plus
- A dedicated general counsel, available for 40 hours for a 3 month period.
The General Counsel Plus offers the same benefits of General Counsel Basic, but is targeted to businesses that are more complex and have more legal issues that need to be addressed.
The following tasks are included in General Counsel Plus:
- Reviewing and drafting contracts
- Ensuring that your business structure is accomplishing your goals
- Protecting your intellectual property with trademarks and copyrights
- Ensuring your marketing materials are complying with legal requirements
- Reviewing your employment procedures to avoid exposure
- Patent-related work
- Litigation
- Other highly specialized legal work
The following tasks are not included in General Counsel Plus:
- Patent-related work
- Litigation
- Other highly specialized legal work
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Series LLC Formation
Much like Delaware, Nevada makes a conscious effort to continuously evolve its legislation to stay current on changes in the law that are relevant to limited liability companies. In 2005, as part of that effort, Nevada enacted its “Series LLC” legislation. Series LLC’s are an invaluable tool to business owners looking to segregate their assets and property owners holding multiple pieces of real property – just to name a few. The assets and liabilities of each series are separate from those of the other series, but the administrative cost and expense can be significantly reduced in comparison to owing multiple LLC’s. An infinite number of series can be created without additional fees payable to the Secretary of State, or additional paperwork required by the state. Contact one of the attorneys at Smallhouse Law Group to learn more about how series LLCs can benefit you.
The following tasks are included in Series LLC Formation:
- Initial consultation to evaluate your needs
- Legal advice on how to best structure the series LLC
- Prepare a first draft of the organizational documents
- Address your questions in relation to the organizational documents
- Prepare a final version of the organizational documents
- Obtain your Federal Tax ID, if applicable
- Preparation of the appropriate documents to transfer your property (real or personal) into the LLC
- Advice on the appropriate entity form
- Issues related to pre-existing or related business entities
- Resolution of disagreements between the founders
- Preparation of additional separate series agreements including transfer documents for more than two series (each additional separate series will cost $500)
The following tasks are not included in Series LLC Formation: