SeedLegals is a game-changing platform for startups in the UK. Founded in 2016, the online legal service has helped thousands of businesses navigate the often-complex legal landscape of starting and running a company.
One of SeedLegals’ most popular offerings is its Founder Agreement, a legally binding contract that outlines the responsibilities and rights of all co-founders in a business.
Why is a Founder Agreement Important?
A Founder Agreement is essential because it clarifies everyone`s roles and responsibilities, ensures that all co-founders are on the same page, and protects the company from any misunderstandings or disputes down the road.
The agreement sets out the terms of the partnership, such as how much control each founder has in the company, how profits and losses will be shared, and how decisions will be made. It also includes provisions for what happens if a founder decides to leave the company or if new investors come on board.
Having a Founder Agreement in place can prevent misunderstandings and conflicts from arising, which can be particularly helpful when co-founders are close friends or family members.
What Makes SeedLegals’ Founder Agreement Unique?
SeedLegals’ Founder Agreement is unique because it’s built specifically for UK startups. It’s designed to be easy to use, with plain English and clear terms that anyone can understand.
Additionally, SeedLegals’ platform is entirely online, so you can create and sign your Founder Agreement from anywhere, at any time. The process is quick and straightforward, with pre-built templates and step-by-step guidance to ensure that you don`t miss any essential details.
SeedLegals’ Founder Agreement also includes additional legal documents, such as non-disclosure agreements, intellectual property assignments, and stock option agreements, to help protect your business and its assets.
Lastly, SeedLegals’ platform is cost-effective. Compared to traditional legal services, which can cost thousands of pounds, SeedLegals’ Founder Agreement starts at just £315 plus VAT.
Conclusion
Starting a business is a complex process that requires careful planning and attention to detail. SeedLegals’ Founder Agreement can help you navigate the legal landscape with ease and confidence.
Whether you’re just starting out or you’re an established company looking to protect your assets, SeedLegals’ platform can help you create a legally binding Founder Agreement quickly and easily, and at a fraction of the cost of traditional legal services.
By using SeedLegals’ Founder Agreement, you can ensure that your business partnership is based on clear communication, mutual understanding, and legally binding agreements.
