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Why Launch a Start-up?


1. It's more profitable in the long-run, even with the risks
2. It's as safe as the Fortune 1000 - no unexpected layoffs
3. It's fun and you'll never wonder "what if" at the end of the day while you are sitting on the porch of the nursing home wishing your kids would visit you
4. You're the boss (or closer to the true boss - the market)
5. Your resume will be much stronger, even if the venture doesn't make it
6. You can always find another job, eventually
7. Most successful entrepreneurs have "failure-stepping-stones" to success, as "hitting one over the fence" is usually a numbers game. It takes several good tries frequently before one 'hits" - so, you need to start swinging now

- Carter Allen
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For Start-Up Companies
....a typical start-up package includes:

Entity Formation - Can the entity you've selected execute a tax free merger?
Shareholders' Agreement - What happens when 1 of 3 founders leaves after 2 weeks?
Employment Agreements - Can the company fire the founder/owner who prefers golf over work?
Noncompete Agreements - May the first founder to leave open up shop across the street?
Nondisclosure Agreements - Does your "standard" NDA give away the farm?
Intellectual Property - Does the techie, investor or company own the company's "crown jewel"? How do you protect your competitive advantage?
Stock Option Plans - May the company issue stock to an advisor or independent contractor developer without registering the stock?
Capital Raising - Will you need a private placement memorandum to credibly raise capital? What do VCs expect?
General Counsel Services - How can you consult your lawyer without receiving a bill for .4 at $300 per hour with every phone call?

*After an initial free consultation, Carter Allen, P.C.and you will craft a start-up package suited to your goals.

 
 



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