BUSINESS & ENTREPRENEURS

Startup Lawyers in Calgary

If you are a startup entrepreneur, you know your business faces unique challenges. Therefore, finding a competent startup lawyer should be high on your list of things to do if you want to get your big idea off the ground. A competent startup lawyer from DLegal, can help you protect your competitive advantage and can guide you through the early stages of business.

Just like a house begins with a blueprint, your business needs to start with an appropriate legal setup to succeed and avoid future legal disputes. Your start-up needs a proper business structure and registrations, such as incorporation and trade names. Moreover, your business will benefit from solid paperwork, such as a corporate minute book, shareholder or partnership agreements.

At DLegal, we assist entrepreneurs in achieving their goals. We are happy to be there from the very first day to complete your incorporation, draft an agreement with a business partner, or review your new lease.

Every day DLegal business lawyers help brave individuals take the first steps to fulfill their dream of becoming a successful business. Together we will build the legal foundation for your business to prosper.

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Startup Law Firm

Startup entrepreneurs should not attempt to navigate the laws related to starting a business on their own. Startups are typically characterized by high uncertainty and risk. Due to this, they often require specialized legal assistance. A startup lawyer can help a startup navigate the legal landscape and protect its interests. They can help with issues such as funding, intellectual property, and corporate structure.

Failure to adequately protect intellectual property or comply with necessary government rules can have detrimental effects on your business and can even lead to criminal ramifications. Therefore, if you need business advice related to your startup or assistance with complying with legal requirements, then reach out to a competent lawyer today.

Calgary Startup Lawyers

A startup lawyer is a lawyer who is well-versed in startup law – the aspects of the law that pertain to startup companies. They will help the start up through its early stages as it attempts to grow into a successful and profitable venture.

At DLegal, our job is to increase the chances of your success and decrease the level of risk. Having assisted local businesses for many years, and as a local business ourselves, we understand the challenges you are facing and the ones that are yet to come in your future growth.

What is a Startup Venture?

Startups are often associated with big tech and Silicon Valley. However, we also see them across Canada and in Calgary. These emerging companies cover everything from tech-based products like apps to non-tech, product-based, or service-based startups like food chains or ride-share services.

Startups are specifically emerging companies that aim to bring a unique product or service to the market in a disruptive, highly profitable, and life-changing way for its users.

Due to the nature of startups, the goal is always for lightning-fast growth to establish the product or service’s place in the market. In order to accomplish this, startups often rely on outside investment to give them the opportunity for the rapid growth necessary to succeed.

What Does a Startup Lawyer Do?

BUSINESS FORMATION

The first thing your lawyer will help you with is the incorporation of your business. There are several legal entities that your business can choose to take, so it is vital to understand the pros and cons of each and to pick the one that will work best for your business type and industry. Again, your lawyer should have the legal experience to assist you in this.

Once you have picked the correct entity for your business, your lawyer will go ahead with the incorporation process, filling out and filing the proper paperwork with the appropriate authorities to make your business legitimate in the eyes of the law.

DRAFTING LEGAL DOCUMENTS

Beyond the incorporation of the business, many legal documents, contracts and agreements will need to be drafted in the early stages of your startup, including shareholders agreements, lease agreements, employment contracts, privacy policies, and service contracts.

With their knowledge of startup and corporate law, your lawyer will understand how to approach each of these documents in a way that protects your company and remains legal. Not only will a good lawyer be able to draw up the proper contract, they may also have the experience to keep your company safe from predatory investors.

BUILDING YOUR TEAM

Building a team that will bring your vision to life is a key part of building a business. This can be a difficult stage if you do not have much capital to begin with. Still, it is important to find the right people if you want to give your business the best chance of getting off the ground as well as the proper safeguards in place to protect your intellectual property.

Your startup lawyer can draft employment agreements, confidentiality agreements with non-compete clauses, non-disclosure agreements, and more. You will also need to consider severance packages and other employment-related paperwork.

OTHER FORMALITIES

Depending on the nature of your business, there is a broad range of formalities that you may need to observe. These can include licensing, lease, joint ventures agreements, and more. Your lawyer will guide you through the process, review the papers and provide legal advice to ensure that all the agreements you sign are mutually beneficial.

PROTECTING YOUR LONG-TERM GOALS

We understand that small decisions you make in the beginning can have profound impacts on your business down the line. Therefore, your lawyer should provide pragmatic advice and expert guidance to help you plan for the future. Perhaps you hope to franchise your business in the future or sell it for a large sum. Your lawyer should start planning now and put safeguards in place so you can realize your future goals.

CREATE EMPLOYEE STOCK OPTION AGREEMENTS

Many startups don’t have much capital to begin with, so a common approach to attract a quality team is to offer stock options to early employees. A lawyer who specialises in start up law understands how to draft these complicated documents and often what amount of stocks is a reasonable offering.

Startup Law Firm

Startup entrepreneurs have a lot on their plate. From figuring out where funding will come from to hiring employees and managing day-to-day operations – there are a lot of hats they have to wear. So let DLegal lighten the load by taking on your legal work.

Our lawyers are known for their creative problem-solving, ability to think outside the box and dedication to clients. So if you want someone on your side to protect your best interests, then get in touch today.

Lawyer & Notary
Anna Dunaeva

Anna perpetually works to surpass her clients' expectations. Through continuous communication, Anna delivers on her commitment to keep clients at the centre of her practice.

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