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Common contract negotiation tips
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Negotiating contracts is an integral part of most business transactions when you’re selling B2B or selling a big ticket item. Whether you’ve been selling for a decade or new to the game, mastering the art of negotiation can most definitely help you close more deals. In this write up, we’ll explore some common contract negotiation…
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Top 10 tips for legal teams working with startup founders
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Startups are wild places to work sometimes. Working at one will give you the experience in a year or two that you’d get at many enterprises in five years. This is great for a lot of people who love this way of working. But it can be difficult for those who thrive in a structured…
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What business model is best for my startup?
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In many in startups the common question arises “What business model is best for my startup?” In fact, if you’re not asking this when you’re sitting around your dinner table dreaming up your startup with your co-founders you’re likely going to have trouble later. Starting a business is an exciting thing to do, but one…
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Most common time wasters in startup businesses
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If you’re building your startup you’ll quickly be learning that time is a precious commodity. Every minute counts while your tapping away at your keyboard and trying to make enough sales to get money in the bank. Being able to identify the most common time wasters in startup businesses is half of the battle. As…
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What are some common contract comparison tools?
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Sick of going back and forth with several different versions of the same contract and just having no idea what has actually changed between them? It’s a bit of a time waster and it can mean that you’re stuck doing a lot of manual review and if it’s a legal team doing the manual review…
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What is contract management?
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Most startup companies don’t discuss contract management much, especially until they grow larger and have more contracts in the pipeline. People are often surprised when we explain how it affects various aspects of their business: sales, legal, finance, and customer service. It can slow down, inconvenience, or cause mistakes in each part of your business.…
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When Does A Startup Need A Lawyer?
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Have you begun building your B2B software sales pipeline and encountered customers seeking contract negotiations? Or you’re bringing on more employees and partnerships and you’re starting to wonder when does a startup need a lawyer? Should you hire in house or keep going with an external lawyer partner? Startups often have to deal with the…
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Do Sales Contracts Protect Startup’s IP?
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When you’re initially setting up sales contracts for your startup. One crucial question to consider is how sales contracts safeguard the startup’s IP. The protection of intellectual property (IP) is really the only thing that will create value for your startup over time. As you build your IP as an asset the important it is…
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What data should an NDA cover?
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Non-disclosure agreements (NDAs) and mutual non-disclosure agreements aim to safeguard your company’s most valuable asset – its intellectual property. In startup land this is most likely going to be the most important thing that your company owns. They set you up with some general protection to allow you freedom to share information about your company,…
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