The Bay Area is the epicenter of startup businesses in software, mobile apps, green products, e-commerce solutions, food and beverage products, socially aware service offerings and many other innovative ideas. In this one-hour MCLE lunch program, we will outline the fundamental issues and questions that arise when representing a new business at its initial stages. As a general practitioner or a newly licensed attorney, you may have been asked by business associates, former college roommates, or others in your network to help them form an entity for their new product or service. The program will include real scenarios and sources for forms and other helpful information. Part I will cover:
• Determining who is the client
• Implementing various fee structures
• Managing the client and client expectations
• Forming the right type of entity, in the right jurisdiction
• Preparing the basic legal documents
• Understanding initial funding such as founder’s debt and equity
• Recognizing basic tax, securities laws, and other concepts that affect new entity formation
In a future program we will address financing the ongoing business, including venture capital and angel financing, and day-to-day operations, including basic contracts and other matters, followed up with a final program in guiding the business to a successful exit via a merger, acquisition, or IPO.
A light lunch will be provided during this program.
The ACBA office is across the street from the 12th Street BART Station. Several parking garages are located in the immediate area.