Cherin Law Offices can help with every aspect of operating your startup. Whether your bootstrapping or actively raising capital, we have decades of experience to help you manage the process.
At the start of every company, decisions need to be made as to what type of entity and what state or country to form in. We assist with this decision process, based on the proposed growth path, exit strategy and, taking into account, cost effectiveness.
For many start-ups, additional capital is needed to grow and expand. We guide our clients through all forms of capital raising including friend and family, angel or angel groups, and venture capital. We represent both individual investors, angel, and venture capital groups, as well as the start-up.
After forming an entity, it is critical to secure the rights to use all the needed assets and secure the services and intellectual property rights from those involved in developing the business. We put in place the appropriate subscriptions or license agreements to secure the needed assets to develop the business, as well as secure the services and rights needed to move forward.
For many companies, there is not enough cash to pay compensation at levels to attract and keep founders and employees or consultants engaged. In such cases, options and other equity compensation arrangements are needed. We assist in developing plans and arrangements to maximize incentives and tax benefits.
Stock option and restricted stock plans
Learn how Cherin Law offices can help you manage every aspect of your exit.
For each business, there comes a time when the best answer is a sale to reap the rewards from what has been built. Steve has assisted both existing clients and newly referred clients and advisors with both acquisitions and sales ranging from a few hundred thousand dollars to significant eight-figure deals. This work includes assistance from the letter of intent (“No deal gets better after the letter of intent”), through due diligence, solving problems identified in due diligence, to closing and then dealing with post-closing disputes. Particular focus includes structuring earn-outs, escrows, indemnifications and similar post-closing consideration.
Not all businesses succeed. We work toward the orderly liquidation of businesses that cannot continue, whether working with bankruptcy counsel or others to maximize value to the creditors and equity holders.
The pricing of an acquisition needs to be understood by the buyer and the seller based on the structure and the tax implications. Working with accountants and other tax advisors, we help identify the best structure for the overall best tax result.
Building a successful business is great. Preserving that business and its value is even better. We have assisted business owners and advisors on planning and executing succession plans to preserve the value of the business to the owners and to ensure the continuation of the business in capable hands.
Cherin Law Offices can help you solve many conventional and unconventional problems inside your business. Learn more about the services we offer below.
All businesses face a variety of opportunities and problems that need input from trusted advisors. We work with our clients (and others in the community) to offer guidance on opportunities and help with obstacles, including coordinating with other counsel or advisors, both locally, nationally or internationally.
For each employer and those working for the businesses, having a contract for employment or consulting is necessary and beneficial. For the company, it is important to secure the rights to protect the developments and the business interests. For the employee or consultant, it is important to establish expectations and rights.
We assist employers with the decision as to who falls into the category of employee and who fits into the category of consulting and then documenting the relationship. When the relationship ends, we assist with proper documentation and resolving any disputes.
Additional building blocks for successful business development may include licensing additional technology or li, leasing space and/or expansion of the business. We help businesses with a variety of situations that develop.
When there are disputes, we assist with trying to resolve matters before litigation and, if that doesn’t solve the dispute, we help coordinate with the litigation counsel.
As businesses develop and evolve, periodically the owners need to review and focus on strategic direction and execution. We work with the business owners and other advisors on developing the strategic plan and the legal work needed for the execution.