Founders

As a startup founder, it can seem like everyone is on your side – until they’re not. At AttorneyX, we work as your ally and legal resource, ensuring you know your rights, obligations, and opportunities. As you work to launch your business, our startup lawyer will guide you from formation to funding.

Put your trust in AttorneyX. Set up a free consultation to discuss your needs. Our team is ready to work with you today as you build your new business from the start.

What a Business Startup Attorney Can Do for Your Business

A business startup attorney provides several advantages for your business. No matter what stage your business is in, or its projected growth or industry, having a lawyer capable of handling the legal aspects of your business is essential. Some of the ways a startup attorney works to support founders include:

Entity Formation

Creating your business is the start of your company and must be handled properly. Your Philadelphia startup attorney will help you select the appropriate structure for your business, such as an LLC, corporation, or partnership. 

Your attorney will then work with you to handle all state and federal filing requirements associated with maintaining a business presence. This step alone minimizes the risk of your business being lost to the aggressive actions of competitors.

Creating Contracts and Service Agreements

Depending on your industry, your startup attorney will create the appropriate contracts and agreements to establish relationships with all parties related to your business. This includes partners, investors, vendors, and customers. Your contract attorney is also tasked with overseeing any contract presented to you to sign, ensuring it has your best interests at heart.

Additional contracts include employment agreements, lease agreements, purchasing agreements, and other contracts related to your business. Ensuring contracts are legally binding and in your best interest is everything.

Ensuring Regulatory Compliance

Selecting a business startup lawyer with experience in your specific industry is another important step in protecting your company’s future. This ensures you know what local, federal, and state laws apply to your business, how to meet obligations, and the steps you need to take to minimize fines and other legal consequences.

Supporting Fundraising and Financing Needs

A business founder attorney can guide you on how to raise capital to establish and grow your business. This includes reviewing opportunities and contracts from lenders and investors. This type of oversight allows you to know what accepting a loan means for your long-term goals.

Dispute Resolution Strategies

Every startup founder faces some complications and challenges, and you need a dispute resolution attorney’s help in those situations. This includes identifying and creating potential strategies for overcoming legal risks. If your business is facing a dispute, whether through a contract or an alignment, your startup founder attorney can provide you with insight into the best strategies for moving forward with a resolution.

Managing Intellectual Property Rights

You worked hard to build a plan for your business. Now, your business attorney can help protect it. Through comprehensive intellectual property rights protection, including establishing trademarks and copyrights and upholding your rights, you can move ahead with confidence. Without proper safeguards in place, any other company could capture those rights, putting your business at risk.

These are some, but not all, of the ways your business startup attorney guides founders towards building a successful company, no matter the complications. You can trust AttorneyX to help you with all aspects of founding and building your company, including managing the legal aspects related to:

• Business formation
• Brand establishment
• Intellectual property protection
• Account-based marketing objectives
• Investment and growth
• Compliance regulation
• Risk management
• Contract review and drafting

If you are a founder, you need an ally committed solely to your unique objectives and needs. With the guidance of AttorneyX, you get that – and much more.

Cofounder Support and Legal Representation

As a startup cofounder, your specific situation is different from that of a solo founder. There are more opportunities for disagreements and disputes when people co-own a business. With the guidance of our legal team, we can help with cofounder agreements and conditions, including:

• Commitment levels and expectations
• Unequal contribution levels
• Dispute management
• Differing visions or objectives
• Deciding which what-if strategies are more challenging with multiple founders

Cofounder legal agreements must always be unique to the objectives you create. As such, these agreements must take into consideration the dynamics of the relationship, the role each party will play in the company, the parties’ vision and mission, as well as the legal scenarios most likely to play out.

Let a lawyer help you negotiate an agreement that fits your needs and minimizes your risks. No matter the promise or opportunity presented, establishing a legally binding and protective agreement for you as a cofounder is essential. AttorneyX will help build an agreement you can rely on.

Hiring a Business Attorney as a Founder Provides Critical Advantages

As a business founder, you have high expectations and dozens of potential objectives. You recognize the scope of opportunities present to you, but you also know the law may not always be clear on how to move forward.

Business founders who hire a startup attorney from the beginning of the formation of their company benefit in several ways:

• Avoid costly formation mistakes: A business founder must consider all aspects of formation decisions, including tax obligations, employee-related factors, and liability risks. Hiring a business attorney now ensures you avoid costly mistakes later.
• Prevention of lawsuits: Business founders must differentiate themselves from others while also working closely to avoid overstepping the rights of others. With a lawyer’s help, you know what rights need protection alongside the actions you are taking, from launching your business to marketing terminology.
• Avoid contract mistakes that tax your business: Mistakes within contracts are a common reason why businesses fail. Drafting contracts without careful consideration for all aspects of the business’s operations limits your business.
• Avoid costly long-term commitments that hold back your growth: Startups need to move carefully and with controlled effort, but being too limiting, such as entering a long-term contract that does not match business growth, could hurt your company.
• Preventing abuses of property rights: You must be capable of handling any use of your business’s trademarked, copyrighted, or other intellectual property rights.

An attorney can help you draft a contract that mitigates unnecessary risk you may not have considered. Your attorney will support you in any legal disputes that arise. 

Most importantly, your lawyer is working to protect your future as a founder. Once you launch, companies will want to be a part of your business, so you need to ensure it is protected from every legal vantage point possible.

Startup Advisory Services from a Business Founder Attorney

Our comprehensive startup advisory services create an opportunity for you to build a strong foundation that can help support ongoing growth for your company well into the future. Some of the ways your company can benefit from our startup advisory include:

• Founder-to-founder guidance. You gain insight from an experienced founder on how to handle startup challenges. Experience can be differentiating.
• Assistance with co-founder selection. Choosing a cofounder capable of executing your vision requires a strategic decision that carefully considers risk. Your attorney mitigates disputes before they arise.
• The creation of launch plans and execution from a legal perspective, minimizing the risk of costly fallout in difficult situations.
• Strategic business advice for the various growth models, marketing positions, and other strategies for building a business.
• Immediate answers for legal concerns. This includes a way to get fast answers to legal concerns as they happen in real time.
• The creation and harnessing of network introductions that could enhance growth or meet financial needs. Work with other founders to link with partners, advisors, and top talent.
• The support and guidance of beta testing for the launch of your business, including establishing legal guidelines for this type of testing.

Managing Business Law as It Applies to Founders

AttorneyX is a comprehensive business law legal firm. We work with startups of all types and across all industries to create a comprehensive, legally strong foundation. Our extensive knowledge of business law as it applies to founders enables us to offer extensive guidance throughout the legal process.

We provide business law guidance on areas such as:

• Advisor and investor agreements.
• Advisor equity determination and adherence strategies.
• Confidentiality and non-disclosure agreement creation and management over time.
• Drafts of master service agreements, SaaS agreements, application development rules, partnership agreements, and custom independent contractor agreements.
• Review and revise all business documents in accordance with business law and regulations.
• Develop and implement privacy policies and terms of conditions for all touch points.

As your company grows, we can enhance, modify, and otherwise update your terms and conditions to fit your needs.

We Work with Founders Who Are Ready to Explore Infinite Possibilities

At AttorneyX, we know that startups that come to us can be at any point in the process. We partner with all types of founders to create a strong path forward, including:

• Startup tech companies
• Early-stage companies
• Partnerships that are just forming
• Small and mid-size enterprises
• Growth stage startups
• Established businesses reinventing themselves

Our ability to connect with you to support your growth makes all the difference.

Contact AttorneyX for the Legal Guidance You Need

AttorneyX creates legal solutions that support your business’s growth and long-term objectives. As a fellow business owner who works with founders, AttorneyX is committed to being present throughout your business’s initial stages and long-term growth. Contact us now to get the support you need.