It is worth taking a short break from developing your product to consider what would happen to your startup if the owner—or one of the owners—left the business. It doesn’t have to mean closing down. Here is a quick agenda for a succession planning meeting: Make sure the owner picks and commits to train a [...]
StartupLawyer.MN
Sam Glover is a Minnesota business lawyer for geeks. Here are posts from his tech startup blog.
All of our plans come with regular check-ins, something missing from many business-attorney relationships. We do this because we believe regular check-ins with a lawyer are essential to the success of your business. Here is why. We don’t love the “coaching” fad, but we think at least one part of coaching is very effective for [...]
Five things: How much of what you disclose should be confidential? Exceptions to confidentiality (such as information that becomes publicly available through other means). Who can learn confidential information, and what can they use it for? Can the other party solicit your employees (a potential end-around the NDA)? How long does the obligation last? Also, [...]
Besides determination and a good idea, startups need a lawyer to succeed. Not just for the business formation, and not just in case you get sued. Your business lawyer should be a trusted partner, not just an expensive problem solver you call when things go badly wrong. We want to be that trusted partner, and [...]