The First 12 Months: Legal Milestones
Every successful business starts with a solid legal foundation. The SBA business launch guide outlines the regulatory requirements, but the strategic legal decisions go far beyond compliance.
Month 1-3: Foundation
Entity selection and formation, operating agreement or bylaws, EIN registration, business bank account, initial contract templates for clients and vendors, and founder agreements addressing equity, roles, and IP assignment.
Month 4-6: Operations
Employment agreements and contractor classification, insurance procurement, compliance framework development, and client engagement process standardization.
Month 7-12: Growth
Contract portfolio review, governance formalization, succession planning framework, and assessment of ongoing legal needs. Companies reaching $1M+ revenue should evaluate Fractional General Counsel.
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Lee Clark
Licensed ID & CA. Arbitrator, Judge Pro Tem, mediator since 2008.
Conor Meyers
CEO/GC of ACE Building Envelope Design. CLO of ZEA Biosciences.