The initial stages of a new business venture are typically characterized by stretched resources and informality in relationships (the two are related). This article highlights some common mistakes company founders make in choosing and conducting these informal relationships. Although the most iron-clad solution to these mistakes is to consult regularly with an experienced attorney, the article also provides practical advice to company founders who choose to risk carrying on ill-documented relationships without the benefit of counsel.
- Summary by FizzLaw Team
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Startup Law 101 Series - Mistakes Founders Make - Ill-Documented Relationships.