
Code of Business Ethics and Corporate Conduct

As a startup founder setting up a new company or trying to raise funds, you will be aware that there are numerous legal documents that must be filled out and signed to formalize and legalize the various processes. As if it wasn’t difficult enough!
Here, we have gathered a collection of the legal templates you will need to streamline these processes, speeding up time for you and your investors, and saving some money in costly legal fees. You will still need to consult a lawyer for solid advice, but these templates should speed things up a bit. As well as this they should provide a beginner entrepreneur with a deeper understanding of the key terms and phrases used in the startup legal world. Learn from those that have gone before and made those all too common mistakes. Forbes have actually listed 10 Big Legal Mistakes made by startups. We’re here to make sure you avoid them:
->To avoid future disputes, all co-founders must be crystal clear on
-who gets what percentage of the business?
Not starting the business as an LLC or Corporation
Not having a standard form contract that favors your company
Forgetting about securities laws when it comes to issuing stocks to family and friends
Leaving out employment documentation
Not giving enough thought to IP Protection
If you have thought of all of these- great! You’re more clued-in than most. If not, take advantage of Eloquens to read up and grab documents you might need to ensure that your startup will be legally sound.
If you’d like to know more on Business Law, have a look at these links: