Top 5% of Startup Lawyers in Des Moines, Iowa | UpCounsel

Des Moines Startup Attorneys & Lawyers

Steven Stark Startup Lawyer for Des Moines, IA

148 reviews

Seth Wiener Startup Lawyer for Des Moines, IA

362 reviews

Richard Gora Startup Lawyer for Des Moines, IA

128 reviews

Michael Brennan Startup Lawyer for Des Moines, IA

35 reviews

Yassi Mahdavi Startup Lawyer for Des Moines, IA

15 reviews

Andrea Cohen Startup Lawyer for Des Moines, IA

2 reviews

Brenda Prackup Startup Lawyer for Des Moines, IA

Muniza Bawaney Startup Lawyer for Des Moines, IA

2 reviews

Collin Mckean Startup Lawyer for Des Moines, IA

2 reviews

Mark Castellanet Startup Lawyer for Des Moines, IA

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Legal Services Offered by Our On-Demand Des Moines Startup Attorneys

On UpCounsel, you can find and connect with top-rated Des Moines startup attorneys & lawyers that provide a range of startup law services for startups and entrepreneurs that are starting a business. Any of the top-rated Des Moines startup lawyers you connect with will be available to help with a variety of your startup law related legal needs on-demand or on an ongoing basis in the city of Des Moines, IA.

From primarily dealing with things like business formation, contracts, leases, equity financing, securities, and intellectual property protection, the Des Moines startup lawyers on UpCounsel can help you with a variety of specialized and general startup law related legal matters. No matter what type of startup law needs you have, you can easily hire an experienced Des Moines startup lawyer on UpCounsel to help you today.

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LLC Operating Agreement

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What is an Operating Agreement?

An operating agreement is a written legal agreement among the members of your Limited Liability Company (LLC). The operating agreement explains how your company will be run, the rights and responsibilities of LLC members, the process adding and removing LLC members, and other important operating rules. While LLC operating agreements are not mandatory in all states, it's generally advisable for LLCs to have an operating agreement  in place.

LLC operating agreements can be created either at the time of the LLC’s formation, or at anytime after formation.

Other names for LLC Operating Agreements.

When researching LLC operating agreements, bear in mind that they may also be referred to as:

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Burn Rate

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Burn Rate: What Is It?

Burn rate is how quickly a company spends its cash reserves before it generates positive cash flow. This rate is tracked each month, so if the burn rate for a company is $50,000, it means that the company is spending $50,000 each month.

The two types of burn rates are gross burn and net burn. Gross burn includes all of the money a company spends in a given month in order to run the business. Net burn is the amount of money that the company loses.

Let's say that a small startup spends the following every month:

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What is Required to Value a Company?   

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Class A shares are common or preferred stocks that offer special benefits to owners. Class A shares are the best class of stock. Upper- level management, executives, owners, and founders of the company usually hold this kind of stock. It offers the highest level of voting rights, too.

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