Is your startup legally sound and protected? Are you sure?Our guest, Sankeetha Selvarajah, is the Managing Attorney of Selvarajah Law P.C., a civil transactional firm located in Boston and New York. Her clients are within the cannabis, technology, real estate, food service, e-commerce sectors as well as, retail manufacturers.She is also the Founder of STARTUP DOX, a Done-With-You platform designed to assist founders with cost-effective legal options for Corporate formation and document generation, all with Attorney Review.Sankeetha shares valuable business advice for new business owners to help them create a sustainable, profitable business, along with explanations of typical legal documentation. She also shares the most common mistakes newbie founders make and must avoid!To learn more about Sankeetha's outstanding startup legal services (hire her!), please visit: https://selvalaw.com​ and https://www.thestartupdox.com/​DISCLAIMER: Folks: This recorded conversation is for informational purposes only and is not legal advice. Transmission of the conversation is not intended to create, and viewing and/or listening does not constitute, an attorney-client relationship. Viewers and listeners are advised to seek professional help if they are concerned about a specific legal issue.Here's the wonderful David Finkel post Sankeetha mentioned: "30 Must Ask Questions Before You Form Any Partnership: https://www.inc.com/david-finkel/30-m...​00:00​ - meet Sankeetha!08:20​ - what is the ideal startup Dream Team?12:00​ - why you want an attorney on your side from Day 121:00​ - which entity is right for your startup? DBA/LLC/C-Corp/S-Corp26:55​ - which entity do investors prefer?28:20​ - why you need a Standard Operating Procedures document - SOP - thanks viewer Charlie Stiver of https://www.phytorite.com!​29:55​ - co-founder agreement - MUST WATCH!!33:30​ - convertible debt vs. equity instruments35:40​ - the Equity Test: time, resources, skillset, money39:00​ - trademarks and patents42:10​ - labor law and HR compliance - check out the IRS 20 question test to make sure your freelancer is a 1099 or should be classified as an employee: https://www.lakeshoreacct.com/blog/wh...​54:50​ - exit strategy - Sankeetha's practice asks you to think about your exit when you form your business!56:40​ - Stitch that on a Pillow: NO VERBAL AGREEMENTS - EVERTo learn more about Sankeetha's outstanding legal services (hire her!), please visit: https://selvalaw.com​ and https://www.thestartupdox.com​Follow via:Twitter: https://twitter.com/SelvaBizLaw​ Instagram: https://www.instagram.com/thestartupdox/​Facebook: https://www.facebook.com/selvabizlaw/​Please connect with Sankeetha on LinkedIn: https://www.linkedin.com/in/sselvarajah/​Thank you for carving out time to improve your Founder Game - when you do better, your business will do better - cheers!Ande Lyonshttp://andelyons.com​#legaldocsforstartups​ #bestyoutubechannelforstartups​ANDELICIOUS ADVICE:For more DIY startup advice, please subscribe to my Newsletter,

Ver todos los episodios