What Entrepreneurs Need to Know: Legal Issues and Obtaining Financing

Congratulations! Yesterday, you and your team received a first place award for the “Next Best App” at the Hack’n’Slash-a-thon. Now, you and your team are considering building your idea into next big startup success story. However, this seems like a daunting task and presents some serious legal questions that could make or break the successful future of your startup. Where do you even start? What type of business do you form? How do you protect and grow the business to successfully find investors? What are the key legal issues that you need to be wary of?

Digital Fertilizer and Michael Best & Friedrich LLP are proud to bring you the next Startup Jams Session, a collaborative and informational session that teaches you, the entrepreneur, legal issues that every entrepreneur should consider when forming a startup. This session will cover the basics of entity formation, how to properly issue ownership, and the ways in which to structure financing. It will also include a collaborative/hands-on session that teaches entrepreneurs to work together and properly form a startup while minimizing legal risks.

About Daniel Gawronski:

Daniel Gawronski is an associate attorney at Michael Best & Friedrich LLP’s Madison office. He is a member of the firm’s Transactional Group and the Venture Best team. His practice focuses on all aspects of corporate law, with an emphasis on business planning and formation, mergers and acquisitions, and venture capital.

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Written by Chris Schmitz

Co-Founder of Charitabli and Digital Fertilizer, owner of DevTrain, a web development training and consulting company in De Pere, WI. Also co-owner of The Creamery.