Resource Center
Stay in the know with the latest news and expert insights from StartSmart Counsel. Our dedicated team of advisors regularly shares valuable updates, industry trends, and business wisdom to help you navigate the entrepreneurial journey. Explore our curated collection of news articles and blog posts to gain valuable insights and stay ahead in your startup endeavors.
Top 10 Startup Terms Every Founder Should Know (Legally Speaking)
Launching a startup involves more than innovation and market fit; it requires a strong grasp of foundational legal terms that can shape your company's future. Founders who understand key legal concepts are better equipped to protect their interests, avoid common pitfalls, and make informed decisions. This article outlines the top 10 legal terms every startup founder should know to navigate the early stages of building a business.
What to Include in Your First Client Contract?
For startups delivering services or products to clients, having a well-drafted client contract is essential. A strong contract not only outlines the terms of engagement but also protects your company from legal disputes, payment issues, and scope misunderstandings. In this article, we examine the critical provisions every startup should include in its first client contract to ensure clarity, enforceability, and legal protection.
What Is QSBS and How Can It Benefit Startup Founders?
Qualified Small Business Stock (QSBS) is a powerful tax incentive that can offer significant savings for startup founders, investors, and employees. Established under Section 1202 of the Internal Revenue Code, the QSBS exemption encourages investments in early-stage companies by providing a substantial exclusion of capital gains from federal taxes.
Understanding how QSBS works and how it applies to your startup can help you maximize your financial benefits and plan your exit strategy effectively.
The 2025 Tariff Shake-Up: What Startups and Small Businesses Need to Know
For startups and small businesses, this abrupt trade shift introduces economic volatility and operational uncertainty. Unlike large corporations, emerging businesses often lack the financial reserves, diversified supply chains, or political leverage to absorb or offset such shocks. Understanding the implications of these tariffs—and responding proactively—is essential to remain competitive and compliant in a transformed global marketplace.
Build, Don’t Dilute: Legal Strategies to Scale Your Startup Without Selling Equity
Founders need not relinquish ownership to achieve scale. By leveraging legally sound, non-dilutive strategies, startups can maintain autonomy, attract capital, and build value over the long term. Whether through revenue-based financing, IP-centered growth models, or innovative compensation structures, there are powerful tools available that preserve both equity and control.
How to Register a Delaware C-Corp: Step-by-Step Guide
Incorporating as a Delaware C Corporation (C-Corp) is the gold standard for startups seeking venture capital, stock option plans, and scalable governance. Delaware offers business-friendly laws, robust legal precedent, and a specialized Court of Chancery. This step-by-step guide outlines the key legal and administrative steps to form your Delaware C-Corp efficiently and compliantly.
Operating Agreement Essentials for Startups
An operating agreement is one of the most critical legal documents for any startup operating as a limited liability company (LLC). While not always legally required, especially in states like Florida or California, this internal document plays a pivotal role in protecting the company’s legal standing, maintaining limited liability status, and clarifying the relationships between members and managers.
This article examines the essential components of an operating agreement, why every startup should have one, and how to tailor it to meet the specific needs of founders, investors, and key stakeholders.
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