With no revenue and small early investments, new startups don’t exactly have piles of cash lying around. Meanwhile, getting operational is a cash suck that can quickly empty the company’s pockets.
As you might expect, founders of new startups are highly motivated to seek savings wherever they can. But when it comes to legal fees early in a startup’s life, it’s important to optimize your attorney time while not cutting corners that’ll lead to disaster later.
Every startup begins with an idea, and soon a core team is formed to turn that idea into a business. But businesses don’t grow from an idea on enthusiasm and teamwork alone – founders will need money to scale-up, and that can make raising venture capital as important to the business as the idea.
If you’re already enrolled in SUP, you can log in to SUP Academy for your courses, or to your legal portal to generate forms, contact an attorney, and other tasks.