• February 2019
    M T W T F S S
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What’s a checklist of all the legal documentation I need when I launch my SaaS startup?

– You’ll want to form / incorporate your business. Most startups go with a LLC, C Corp or S Corp. More on that here.

– Prepare a Privacy Policy and Terms of Service for your site. More on that here –Website Agreements

– If you incorporate as a corporation, get your post-incorporation formalities in order if you ever plan on taking on investors and/or hiring people. This includes stuff like bylaws, initial board consent, restricted stock purchase agreement, confidential information and assignment agreements etc…

– Decide whether you want to trademark your company name.

– Create a founders agreement if you plan on bringing or currently have co founders. See Raad Ahmed’s answer to What are the most important points in a co-founder agreement for a startup?

– Figure out whether you want to file a provisional patent if you believe your software is truly unique.

– If you plan on raising money from investors, decide whether you’ll do a convertible note or equity round. If convertible note, you’ll want an attorney to draft up a convertible promissory note, note purchase agreement, and board consent.

We routinely do this kind of work for startups at LawTrades, a one-stop platform for businesses to find great lawyers. If you have any further questions, feel free to shoot me a message too.

Congrats on the new venture!

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