Category Archives for "Startup"

The difference between legal information and legal advice

By Vivian Michael | Startup , Startup Contracts

Photo by rawpixel on UnsplashSo you’ve probably seen a few disclaimers that read like this ‘legal information, not a substitute for legal advice’. We use a disclaimer like this ourselves on our downloads. This post will help you know the difference between legal information and advice and the importance of the difference.Legal informationLegal information is generic. It explains a […]

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4 things to know before you accept an Australian director position

By Vivian Michael | Business Structures , Startup

What does it mean to be a company director? we’ll take you through what should know about the key duties before you accept a director position. A company is operated by directors and secretaries. Both have obligations under Australian legislation.  Limited liability, the ability to allocate shares to investors and a favourable tax regime are all perks […]

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How to use a founders agreement at your startup

By Vivian Michael | Startup , Startup Contracts

Your founders agreement describes how you and other founders will work together to launch and grow your startup. So what’s the benefit of a founder’s agreement ? For one, you can set clear expectations and minimise disputes. We’ll go through some other’s too. Why should I choose a founders agreement over an employment agreement ?Firstly, unlike an employment agreement, all […]

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