If you’re selling software to larger organizations, chances are the legal department needs to get involved to negotiate some specific provisions in your software license or SaaS agreement (depending on what kind of software you sell). The key here is to make sure you are protected, while still coming to an amicable agreement with your customer. This post will give you a high level overview of 6 key provisions that your customers are likely to negotiate with you on.
If you’re selling a Software as a Service (SaaS) product to enterprise companies, your customers will demand a strong master service agreement. Sometimes they’ll sign yours, but more often than not – you’ll have to sign theirs. This leads to some back and forth, and lots of redlines. Yay, legal!
If your software business handles the personally identifiable information (PII) of citizens of other countries, you should get familiar with data privacy laws across the world – because you’re likely bound to them. If you violate the laws, you may be liable for hefty fines (or worse). This post will give you a high level overview of handling the data of citizens of other countries.
An Employment Agreement Package are the documents executed between your company and a new employee. Making sure this package has all the necessary documents and provisions following relevant state and local employment regulations, as well as keeping your best interests in mind is important to make sure you are protected. This post will give you a high level overview of what goes into an Employment Agreement Package for a non-executive member of your team.
Having appropriate business insurance policies in place can be your saving grace. This post will give you a high level overview of business insurance, the different types of policies available, and why it is important for your business.
Data security is important for software companies. because most, if not all, are handling some sort of sensitive data. Data security incidents happen, and they will keep happening. It’s in your best interest to mitigate data security incidents as much as possible. This post will give you a high level overview of what you should do to mitigate data security incidents, and be prepared if/when it happens to you.
501(c)(3) Nonprofit Organizations (NPO) are organizations built to further a charitable, social, or beneficial cause – specifically in religious, scientific, literary, or educational settings. NPO’s use the money they make to further their cause instead of distributing it to it’s shareholders, leaders, or members. Forming a 501(c)(3) NPO takes some work, though. This post will give you a high level overview of how to form a Nonprofit Organization.
On March 27, 2020 – reacting to the global COVID-19 pandemic, the United States Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Title 1 of the CARES Act is aimed at assisting small and medium-sized businesses negatively impacted by the pandemic. This post will give you a high level overview of the CARES Act for Startups and Small Businesses.
Licensing your intellectual property involves giving another party permission to use your IP for their purposes, usually in exchange for a pre-determined amount. This post will give you a high level overview about intellectual property licensing.
Software is eating the world. If your business builds Software as a Service (SaaS) products, there are quite a few measures that you should be taking to legally protect your business. This post will give you a high level overview of how to protect your SaaS business.
If you’re running a Software as a Service (SaaS) business, your customers will expect a Service Level Agreement (SLA) from you. This post will give you a high level overview of SaaS Service Level Agreements, and what should be included in them.
Thanks to the wonders of technology, telecommuting/remote work is a common and accepted practice. Having an established remote work policy allows you to hire talent anywhere, and keep things moving in times of emergency when everyone is forced to work from home. This post will give you a high level overview of the anatomy of a telecommuting policy.
Early stage companies often employ the help of a a third-party application or web development firm to build the first versions of their products, eventually hand-off to an in-house team, or offer continuous maintenance service. Regardless of the arrangement, there should be a clear agreement in place between the hiring company and the app development firm outlining specifics.
There are several important legal, benefit, tax, and human resources implications when it comes to Independent Contractors vs. Employees. The parties involved aren’t just your company – but also includes the Department of Labor, the Internal Revenue service, state, and local authorities. This post will give you a high level overview of the difference between the two, and what could happen if you misclassify one for the other.
Many of the companies you interact with every day either own, or are, subsidiaries of another company. For example, Alphabet Inc. is the parent company, and Google is a subsidiary. This post will give you a high level overview of corporate subsidiaries.
Starting a company with a friend or colleague is exciting. But, things can go wrong – and it’s in your best interest to try and prepare for the unexpected. This post will give you a high level overview of what goes into a Co-Founder agreement.
You’ve raised funding, and you’re off to the races. Your company is growing quickly, and you’re steadily hiring more full-time employees. This post will give you a high level overview of what internal policies you should have, and what federal and local laws you must follow when hiring full time employees.
If you are considering raising venture funding, you’ve likely heard of SAFE (Simple Agreement for Future Equity) Agreements. SAFE’s are good for early stage startups raising seed capital from angel investors, friends, and family before receiving institutional venture capital financing. This post will give you a high level overview of the anatomy of a SAFE Term Sheet.
Data privacy and security is more important than ever, and it extends beyond just your company. It forwards to all of your vendors, services providers, third party apps, and anyone else that processes (or handles) your data – whether it is an advertising platform, email provider, marketing technology, or even your appointment booking system. Vendor Security Assessments help you make sure of this.
If your company is handling data, it is important (and may be required by law) that you have a good company facing Information Security Policy in place. This article will highlight 8 important sections of your Information Security Policy.
If you have a website conducting business – whether you’re a Software as a Service (SaaS), eCommerce website, or a service provider – you should have website terms and conditions published and accessible to the public. This post is outlines 18 provisions your website terms should have and what they mean.
In the D.C. area – the startup scene is emerging and expanding rapidly, but government contracting (GovCon) is the main business for technology companies. If you’re new to the GovCon space, this article will give you a high level overview of 5 things you need to know.
The California Consumer Privacy Act (CCPA) is fast approaching. This article will give you a high level overview of 5 things tech companies need to know.
If your startup is a C Corporation – you should familiarize yourself with Corporate Governance. This post will give you a high level overview of what you need to know and do.
Public Benefit Corporations (PBC) are becoming more and more common. But what are they? Are they non-profits? Are they corporations? The answer is – they’re a bit of both. This post will give you a high level overview of 5 things you need to know about PBC’s.
Data Privacy Compliance is more important than ever. Here is a high level overview of why it’s important for startups.
Starting and running a company is not easy or cheap. You have options for funding – the most common of which are Venture Capital (VC) Fundraising or Bootstrapping (bankrolling yourself). Both have their pro’s, con’s, payouts, and drawbacks – and this post is here to give you a high level overview of what to think about when making the decision.
Startup equity can be confusing, whether you’re a founder or a potential employee. This post is to help you understand the basic terms.
When you start a company, intellectual property, or IP as we’ll call it for the rest of this post, is something to think about from the moment you have the idea. IP is your basically your work product. IP can …
If you’re running a company today, you’re probably signing a whole bunch of contracts with software as a service (SaaS) vendors to help simplify running your life as an entrepreneur. Here are 7 key provisions to negotiate in your SaaS vendor contracts.
The new legal model for startups is general counsel – as a service. Here’s a breakdown of how that can help your startup.
You’ve been burning the midnight oil on a startup for a while now and all of a sudden – it’s working! You’re ready to level up. Customers are signing up, some money is coming in, and you’re thinking about raising …
Trademarks are an important part of protecting your brand and product. You should understand the basics of trademark law, and what the process of filing with the United States Patent and Trademark Office (USPTO) is.
If you’re planning on launching a Software as a Service (SaaS) company – chances are you’ve already looked into how to incorporate in Delaware with a San Francisco/New York City address. You can use services like LegalZoom for this – …
You’ve been working on your idea for a few months now with a cofounder, and you think you have something tangible. You want to make it ‘real’ by incorporating. You’re thinking LLC because you hear that it’s ideal for taxes …
Starting a business is expensive, time consuming, and can easily get overwhelming. The good thing is a quick Google search leads you to dozens of websites that will incorporate your business, and hundreds of templated contracts you can use. The …