You can screw up a startup in any number of ways, from hiring the wrong person to inking a bad partnership deal. Now, the folks over at Avvo — the Seattle online legal forum and lawyer directory — have compiled a helpful little infographic with some of the most common legal pitfalls that get startups in trouble.
Some of these are pretty well known. But it’s never a bad thing to have a few helpful reminders, is it?
They’ve also listed some of the most frequently-asked startup legal questions, so those are included below as well with links to the answers.
Meanwhile, here’s a look at some of the most-commonly asked startup questions on Avvo. Maybe the answers to these questions will help you avoid the troubles listed in the graphic above.
- Should I incorporate my tech startup in Delaware or California – what are the benefits?
- Does sweat equity have value in an S Corp? How does sweat equity compare to a cash investment in a startup?
- Is a verbal partnership agreement for a startup binding in California?
- We invested money in a startup biz and the relationship has now gone sour. What are our rights as financial investors?
- I did not file for section 83b election within 30 days of C Corp startup conversion. What are the options now?
- How do I fire the co-founder of my startup?
- Will an LLC save me money on federal taxes as a startup?
- My startup company is being accused of trademark infringement. What should we do?
- Partnership and shares in startup?
- What is the Business License/Incorporation requirement for startup?
Previously on GeekWire: A sign of a bubble? Startup-related legal questions surge in Silicon Valley, Seattle