Start up companies are technology, service or product based businesses which expect to scale and grow quickly. These types of businesses have particular needs and concerns and should, from the start of the business, have a legal team supporting that rapid growth and potential.
Start Ups can work with Momentum on limited projects, or use our Start Up Package: tailored to get companies off the ground with the right set of legal documents and advice in the early stage, gearing them for scaling and high growth. Most importantly, we act as part of the early stage advisory team. The package is an affordable and predictable fixed fee package with flexible payment options. All plans are tailored to the company, but most plans are ~$5000 and include:
- Incorporation, Shareholder Agreement, Stock Option Plan, Friends & Family Fundraising Round, Contractor Agreement, Non-Disclosure Agreement, Review of Site/ App Terms and Conditions, Ongoing Legal Support and Advice.
As your company scales, the Momentum team can work with you on a monthly retainer basis, continuing to provide the advisory team support and preparing you for product shipments, larger capital raises, collaborations and partnerships and eventually liquidity events.
Having early stage legal support is one of the key factors in ensuring smooth growth and founding team transitions and ensuring your start up is investment ready.
how we operate with start ups
At Momentum we provide you with the support you need, when you need it. We know that the success or failure of your business can sometimes hang on moving an agreement or transaction along when it is ready: we are responsive to your business needs.
We conduct your fundraising rounds electronically and send your documents for e-signature. We maintain your cap table as an accessible record on CapShare. We provide instant access to all your corporate documents and agreements on our secure online file storage system, Clio. Just like you, we are always looking for new ways to innovate and make the experience more beneficial for our start up clients.
start up SECTOR EXPERTISE
Examples of some the sectors we work with: Medical (and soon to be recreational) Marijuana, SAAS, Software, Blockchain, Device Manufacturing, Product Manufacturing.
Momentum also works with counsel to assist your business with international business and tax-related matters, including:
- U.S. Incorporations and Investments
- Cross-Border Transactions
- International Trade
- International Corporate Structuring
- Immigration to and from Canada
Please see our Blog for the latest Corporate & Commercial Law news and updates.