From developing your idea to eventually managing day-to-day operational issues, starting your own company can be difficult. Benish Shah, CEO of Vicaire and Sheheryar Sardar, Partner at Sardar Law Firm, will walk you through the essentials of starting a company the best way possible.
This course will cover the following subjects:
Choice of Entity: When, why and how to form an entity. Should you go LLC, or C-Corp, or the non profit route? Where should you register and why? The focus will be on limiting personal liability, fencing your intellectual property, and allowing you to formally issue equity.
Developing a Budget: What is a comprehensive budget? What are incidentals, how do you plan ahead, and what is "too much?"
Understanding the Partnership/Shareholder Relationship: Who owns what? What are the necessary steps to take to ensure that each ownership stake is protected.
Social Media: Developing a plan for social media, and ensuring you don't hit legal snags around the way.
Adding co-founders: Who is a co-founder and who is a consultant? Who get's equity and why? How to make sure your company owns all the IP created by service providers and investors.
Funding Strategies: When do you start looking for funding, and how do you go about doing it?
NDAs: When are they necessary? What should you include in them?
Benish Shah is the CEO of Vicaire and has spent over 10 years consulting with, and working in, startups. From fashion, to technology, to event planning and social media, to law - Benish has been involved with over 20 startups from early stage and concept to mature and in the acquisition rounds. Benish is a lawyer by training and has been teaching seminars for startups for the past 4 years.
Sheheryar Sardar is a partner at Sardar Law Firm (named "Best Law Firm for Startups" by BroadStreet Times) and is focused on startup law in New York. His clients include companies in industries such as clean teach, e-commerce, entertainment/media and open source/digital media. Sheheryar has worked with startups to develop funding strategies and has assisted startups from inception all the way through acquisitions and mergers. Sheheryar himself is involved with several startups and has first hand knowledge of the process.