The Life Cycle of A Start-Up: From Cradle to Grave (Part 2)

the life cycle of a start-up: from cradle to grave (part 2) By PracticeForte Advisory Affiliate Lim Seng Siew, Director of OTP Law Corporation In the first part of this series of articles we had discussed the birth of a start-up.  In this second part, we discuss the next steps in the growth of a start-up.This article was first published on www.otp.sg Taking the First Baby StepsSo you have incorporated your start-up. The founders’ equity has been sorted out. Funds have been raised from family and friends. What next?You need to engage external contractors and hire employees. Dealing with employees first.EmployeesAn employment letter is actually a contract in letter form between the start-up and the employee. In fact Singapore’s Employment Act…

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The Life Cycle Of A Start-Up: From Cradle To Grave (Part 1)

The Life Cycle Of A Start-Up: From Cradle To Grave (Part 1) Article by: Lim Seng Siew of OTP Law Corporation This articles was first published on www.otp.sg The Start-up and the LawyerThe life journey of a start-up is fraught with much uncertainties. Where is the next round of funding coming from? How do I make sure that I am complying with the law when I employ my first employees? Is the area of business that I want to get into regulated? Am I fair to my new investors without being unfair to my employees and my initial investors? In a series of articles, we hope to help you answer some of these and other questions. As a start-up, we understand that cash is often…

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