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The Basics: Keeping Your Data Room Tidy and Complete

As soon as you sign any agreement on behalf of your company, it's time to start a data room. A data room? Once upon a time, if a company was sold, the acquiring company would need access to documents as part of the due diligence process. The documents would be…

Employment Contracts in the UK - The Basics

Having taken care of employment contracts in 3 different startups, I've a couple of tips to share with startup founders. Note: I'm not an employment lawyer, so please consult an expert. What is a contract? As soon as someone has accepted a job offer from you, a contract exists between…

Hiring Interns In The UK - The Basics

Almost every startup I know has hired interns at one point or another. How much do you need to pay them? Do you need to pay them? What kind of contract is needed? I'll cover the basics that I know from a UK perspective. I'm not an employment lawyer, so…

UK Employee Stock Option Plans - The Basics

For first time entrepreneurs, there's a million things to think about. At some point, the question of stock option plans will come up. There's a war for the best talent, especially in London. Having a tax efficient stock option scheme is one of the few weapons that startups have in…

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