Key Legal Considerations for SaaS Companies Eyeing Acquisition

For a Software as a Service (SaaS) company, being an attractive acquisition target involves a meticulous legal framework and compliance strategy. Here are key legal aspects a SaaS company should prepare for to enhance its appeal to potential buyers and facilitate a smooth acquisition process:

Due Diligence in SaaS Company Acquisitions

Most Software as a Service (SaaS) companies have 2 ultimate goals: to become a publicly traded company, or to be acquired by another company. The acquisition process of a SaaS company involves a in-depth process of due diligence to ensure that the investment is sound and the future potential of the acquisition is maximized. This blog post will explore the key components of due diligence in SaaS company acquisitions.

Terms of Service vs. SaaS Agreement vs. End User License Agreement – Which One Do You Need?

If you’re running a software business, you need some policies and agreements in place to make sure you are protected. But what exactly do you need to sell your product? Is it a Terms of Service, SaaS Agreement, or a End User License Agreement? This post will give you a high level overview of the difference between these three specific documents.

Government Contracting for SaaS Companies

Government Contracting for SaaS Companies

The federal government is the largest purchaser of goods and services in the United States. This includes software development services, and software solutions that can be utilized by government entities. If you’re a Software as a Service company and new to the government contracting (GovCon) space, this article will give you a high level overview.

Handling the Personal Data of People in Other Countries

Handling the Personal Data of People in Other Countries

If your software-as-a-service business handles the personal data of people in countries, you should get familiar with data privacy laws across the world – because you’re likely bound to them and your customers will require that you comply accordingly. If you violate the laws, you may be liable for hefty fines (or worse).

This goes for the personal data of people in the European Union, United Kingdom, Brazil, Israel, Argentina, Russia, or countless other countries. So – what steps do you take to make sure you are compliant?

The Anatomy of an Enterprise SaaS Sales Agreement (MSA)

If you’re selling a Software as a Service (SaaS) product to Enterprise companies, your customers will demand a strong Enterprise SaaS Sales Agreement. Sometimes they’ll sign yours, but more often than not – you’ll have to sign theirs. This may lead to some back and forth, and lots of redlines. Yay, legal! There are hundreds of templates available online, but you should know what the terms mean – and have these agreements edited to meet your specific needs. Here is a high level overview of what goes into an Enterprise SaaS Sales Agreement:

Must-Do's for Companies Ready to Level Up

Must-Do’s For Companies Ready to Level Up

When you start a technology business, money may be tight, and you may have cut a few corners without a proper ‘legal’ budget because the focus is on development. This is a fairly common practice – but when you are ready to level up and sell to Enterprise companies, explore funding opportunities, or discussing acquisition – there are a few things you must put priority on. This article will give you a high level overview of Must-Do’s for Companies Ready to Level Up.

6 Things Your Customers will Negotiate in Your Software Sales Agreement

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.

The Anatomy of an Employment Agreement Package

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.

The CARES Act for Startups and Small Businesses

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.

Growing your Business: HR and Employment Regulations and Policies

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.

Money Talks: Venture Capital Fundraising vs. Bootstrapping

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.