Start Me Up!™
Buchanan Law’s tailored and fixed fee legal solution for start-ups
Start up ventures require the confidence that comes from having practical and commercially minded and experienced legal counsel in their corner. The establishment phase of any business, particularly those operating in IP sensitive industries such as IT, represents a critical time for establishing a strong platform to launch a successful enterprise.
However, the start up phase is also a cost sensitive time for any new enterprise. Buchanan Law provides a fixed fee solution for start up businesses in response to these competing demands. Start Me Up!™ is tailored to address the specific requirements of your start up enterprise and typically involves a solution based around the following offerings:
- IP commercialisation strategy
- The development of an effective IP commercialisation strategy - including identifying your critical IP representing your competitive advantage and advising you on the necessary steps to secure that IP.
- Corporate Structure
- Advice on the establishment of an appropriate corporate structure for your business and personal needs - eg company vs. partnership vs. joint venture vs. trust vs. sole trader etc - having regard to relevant risk and financial management issues.
- Founders’ Agreement
- Drafting a shareholders’ or partnership agreement to define the relationship and rules relating to conduct of your business and to address such issues as IP ownership, buy-out rights, exit strategies, business planning and allocation of responsibilities.
- Your Terms and Conditions of Trade
- Drafting your new standard terms of conditions - eg an end user licence agreement (EULA) / service level agreement (SLA) or product supply agreement - to govern the relationship with your clients and manage your potential liability arising from the supply of your products / services.
- Employees and Contractors
- Drafting employment / contractor terms and conditions to govern the appointment of your key staff and contractors.
- The Team Approach
- To ensure our advice is consistent with the objectives of your other advisers, and because two minds are better than one, we adopt a team approach in working with your accountants, business advisers and other relevant consultants including patent attorneys.
What does it cost?
No two businesses are the same. Each business has its own unique strengths, weakness and risk exposure. We therefore tailor a Start Me Up!™ solution to reflect your particular service offerings, the industry in which you operate and the nature of your competition.
Before engaging us to provide the Start Me Up!™ solution we will first assess your requirements in consultation with you, define the scope of your Start Me Up!™ solution in writing and provide you with a fixed quote.
To find out more, please contact us.