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Basics

A collection of 4 issues

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

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,

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

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 [http://norrisnode.ghost.io/3-tips-for-startups-to-win-over-top-candidates-in-londons-war-for-talent] , especially in London. Having a tax efficient stock option scheme is