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What You Need To Know About Contractual Obligations
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When you’re building your startup you’ll be getting into the thick of things with your startup sales contracts. As you do you’ll be agreeing to a number of contractual obligations which will have ongoing implications on your business and how it needs to operation as well as what you deliver. Contractual obligations refer to the…
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Contract Termination – A Guide For Startups
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Building your startup is a long and gruelling exercise. Especially when it comes to the business building side of things. As you bring on more customers and employees you’ll get building a number of contracts. Each contract will outline the roles and responsibilities of the buyer and the seller of your product as well as…
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What Is Due Diligence? A Quick Guide
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The question of what is due diligence will have a number of answers depending on the context. When it comes to SaaS (Software as a Service) startups, due diligence refers to the comprehensive investigation and assessment process that potential investors, acquirers, or partners undertake to evaluate the viability, value, and risks associated with the company.…
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The Indemnification Clause in Commercial Contracts
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SaaS and startup contracts are designed to define the terms and conditions of the services, ensuring that both parties understand their rights and responsibilities. One part of every SaaS sales contract that will be up for negotiation with B2B customers is the indemnification clause. The indemnification clause in commercial contracts can be a powerful risk…
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What Is A Clause In A Contract?
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If you’re getting started with your startup journey and contracts are new to you then you might be asking yourself “What is a clause in a contract?”. Understanding the legal jargon that you’ll encounter while building your business will help you negotiate with customers and close more deals faster. So, enough of the fluff, let’s…
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What Is Legal Compliance?
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If you’re asking yourself ‘what is legal compliance’ you’ve probably reached an inflection point in your business that risk is keeping you up at night. This is particularly an issue for startup companies who often kickoff business operations with little to know legal guidance. Running a lean ship is a great way to get started…
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How To Track SaaS MRR
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MRR, or Monthly Recurring Revenue, is THE metric for SaaS startups. There are hundreds of useful metrics that come after it. But if you don’t know how to track SaaS MRR for your startup you need to learn. Fast. It represents the predictable and steady income generated from subscription-based services on a monthly basis. To…
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Generate Contracts With AI Safely
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SaaS startups are resource and time poor. They tackle this with innovation and problem solving with tools that can automate tasks. One area where a lot of startups are looking to create efficiencies is in their legal contract create and negotiation. If you’re in a B2B SaaS business that has to negotiate custom contracts for…
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Best Tools For Legal Operations
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Legal is more than just the guys that sift through mountains of paperwork and reduce risk. In a SaaS startup your legal team is an essential part of your sales cycle. Getting them the best tools for legal operations will speed up your sales cycle. It will also have great flow on effects to the…
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