San Francisco Startup Lawyers
Legal Tips and Information
Starting Up Your Game Changing Company in San Francisco
Known for the Golden Gate Bridge, 60’s peace movements and the 49ers, the world class city of San Francisco is also known as the home to some of the hottest startups in the country. As any good businessperson will tell you, your new business needs a startup lawyer as sharp as your enterprise. A small business law firm will focus on technical legal requirements needed to successfully form your business enterprise while you focus on conquering the world.
When you search for the best law firm for startups in the City by the Bay, focus your search looking for a practice that has a new business lawyer that understands all those local, state and federal requirements that need attention. We can’t focus on everything, and as a startup founder you want to have your eyes on making your business model a success while your business law firm handles all those details ensure your success is protected.
If your company has an idea, technology or device that needs to be protected by a patent, you don’t want to go it alone. Dealing with the patent process is best left to a high caliber ip lawyer from the bay area. These attorneys know the ins and outs of the complicated patent process and will make sure that the process goes smoothly from start to finish. Prices for a specialty business lawyer in San Francisco will vary, but an investment in a lawyer that will protect your rights in patent, copyrights and trademarks is an investment in the future success of amazing, game changing San Francisco based startup company.
So you’re on your way to startup success in The City. Unless you’ve been blessed with wealth or have an unnatural desire to take out even more debt on your credit cards, what you need now is an investment source. Venture capitalists, angel investors, everyday folks who will go and fund you- all great sources of business capital. The question is, how do you make it work?
Like developing your idea, the gathering of your financial resources is a process. As you through that process of gathering those precious financial resources, it’s important to decide what you intend to do with them. Will your investors be simply that and expect only a return on their investment? Or will your financial backers be stakeholders that become your partners at some level? All of these questions can be answered with the help of business attorney from San Francisco. A business law firm is just that- a place where business lawyers in San Francisco focus on, you guessed it – setting up and managing your business. Your partner in financial success, your business law firm will help guide your fundraising process and help you avoid the catastrophic missteps and pitfalls that can be associated with accepting someone else’s money.
By now you’ve figured out that whatever it is that your startup does, it’s important. It’s just as important to decide how your financing will be structured and what that financing will mean to your operations. Your new business lawyer will help you decide how to best structure your capital to ensure that you find success and that your financial backers get exactly what they bargained for when they gave you that big (or little) check.
We all go into business knowing that what we want to do will be important and change the world, even if it’s just one little piece. You’ve crafted your idea, found your investors and are well on your way. Now what?
Now you want to make sure that your new business is poised to take you where you want to go. Do you plan to hire new employees? Offer profit sharing? Sell to that giant world-wide competitor? In order to help make these decisions, it’s important to consult your legal expert.
Time to turn back to that top notch business lawyer in San Francisco that you’ve been working with (you have been working with her, right?) If you haven’t, no better time than now to find a business law firm that can structure your startup for success in the long term. Just as you’ve taken the time to develop your idea, brand and message, you need to develop your plans for future success.
A business attorney in San Francisco will have the information and tools you need to make the smart decisions that will support your goals. You don’t want your startup to derailed because you didn’t really understand the difference between an exempt and non-exempt employee for purposes of overtime, or find out the hard way that the person you thought was a 1099 independent contractor is really your employee. Maybe you’ve decided it’s time to pay off those investors a little early, or that business investor that wanted that management role has become a little too involved. These situations are common in all businesses but especially in startups. Engaging a startup lawyer in San Francisco that knows the City, understands your business and knows the rules of legal road will help keep your startup on the path to long term success.
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Legal Services Offered by Our On-Demand San Francisco Startup Attorneys
On UpCounsel, you can find and connect with top-rated San Francisco 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 San Francisco 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 San Francisco, CA.
From primarily dealing with things like business formation, contracts, leases, equity financing, securities, and intellectual property protection, the San Francisco 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 San Francisco startup lawyer on UpCounsel to help you today.
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- 9 min read
What Is Right of First Offer?
Right of first offer is an agreement that when an owner is ready to sell or lease an asset, the holder of the right of first offer gets the first chance to buy or lease the property within a given time frame. Once the holder has made the offer, the seller is able to accept or refuse the offer. If the seller refuses it, he or she can move on to a third party offer.
Right of First Offer: In Depth
Most commonly, right of first offer is used in contracts within the real estate market and in the selling and buying of businesses. Typically, the stipulation is included in a tenant-landlord contract and in businesses with business partners and investors.
The most practical reason to have right of first offer is for a commercial tenant. If the owner decides to sell, it would give the tenant a chance to make an offer. If accepted, this prevents the need for the tenant to move his or her business to a new location.
- 4 min read
What Is an Acceleration Clause?
An acceleration clause (also called an acceleration covenant) is a provision, often written into loan agreements and promissory notes, that gives the lender, under certain circumstances, the right to require the borrower to pay off the entire loan amount immediately. Acceleration clauses are most commonly found in mortgage contracts and real estate loans. In the case of a mortgage, the acceleration clause is often triggered when the borrower (mortgagor) fails repeatedly make his payments on time.
Acceleration Clauses and Startups
- 5 min read
Your company’s reputation is everything. Your choice of a name will be the foundation of your brand and your business relationships. There are many reasons why you might want to start with a clean slate and choose a “doing business as,” commonly called a DBA name, other than your own name or the name you originally registered with the California Secretary of State. Making this important name change can be straightforward but there are several hoops to jump through and many considerations along the way to get there.
Is a DBA California the Same As a Fictitious Name?
Yes. In California, a DBA is sometimes referred to as a “fictitious business name,” or FBN. Even though it is called fictitious, it’s just as real as any other name for a business, whether that name refers to an individual or an organization. However, most DBA’s are utilized by sole proprietorships, especially if the business name is different than that of th
Accelerator Programs: What Are They?
Accelerator programs, also known as seed accelerators, help companies learn how to run their business by providing mentoring, education, and financing. Mentors are provided to help entrepreneurs navigate the competitive and sometimes confusing start-up world and may even help with funding. The programs usually last for relatively short period of time (e.g., a few months) where the aim is to teach the participant several years’ worth of experiences and information in order to accelerate the timeline for success. The program typically ends with a public pitch event where business owners can present their ideas to potential investors. Accelerators generally ask for a small piece of the company in return.
Accelerators are similar to business incubators with some distinctions -- for example, incubators generally focus on growing an idea while accelerators generally focus on increasing the rate
- 5 min read
Pre-Money Valuation: What Is It?
Pre-money valuation (PMV) is the initial value of a company before any type of investment. The capital a business receives after its pre-money valuation is called post-money valuation.
Why Is Pre-Money Evaluation Important?
- PMV determines the value of company shares.
- Through PMV, an investor can determine the value of a company's shares.
- Through PMV, anyone can calculate the total value of a company.
- Using PMV, the parties involved with an investment can determine how much of the company each party controls after the investment.
How Pre-Money Evaluation Works
Think of PMV as a simple calculation that investors use to weigh the value of becoming a shareholder. A company with a PMV of $10 million that has 1 million shares has value of $10 per share. When an angel investor offers to add $5 million more, the company's worth increases 50 percen