Recipes and juicy legal tidbits you can sink your teeth into™
Gaida Zirkelbach
@Gaida
in/gaida
LegalCookbook.com
About me
Gaida Zirkelbach
@Gaida
in/gaida
LegalCookbook.com
I like entrepreneurship, the law and food, so I’m mixing them ...
CHANGE THE
WORLD
Why are you an entrepreneur?
LIFESTYLE
CREATIVE
ACCOMPLISHMENT
INDEPENDENCE
BEING YOUR
OWN BOSS
OPPORTUNI...
1. A great team
2. A good business model
3. Adequate capital
4. Risk management
What’s the recipe for success?
Gaida Zirke...
INGREDIENTS:
Lawsuit with a former employer
Losing personal assets for failing to form an
entity
Unplanned fallout between...
You and your business are burnt toast.
Voila!
Gaida Zirkelbach
@Gaida
in/gaida
LegalCookbook.com
A tasty and refreshing way to look at business law. ™
What’s on the menu?
Gaida Zirkelbach
@Gaida
in/gaida
LegalCookbook.c...
What’s on the menu?
Gaida Zirkelbach
@Gaida
in/gaida
LegalCookbook.com
What’s on the menu?
Digestible, bite sized, nuggets of legal information, to help
entrepreneurs get cooking and not get bu...
Obligations to former employers
What’s on the menu?
Why forming an entity matters
Dealing with co-founders
Protecting trad...
Start a business not a lawsuit.
Today’s Special!
Former Employer Bites
Gaida Zirkelbach
@Gaida
in/gaida
LegalCookbook.com
Former Employer Bites
Gaida Zirkelbach
@Gaida
in/gaida
LegalCookbook.com
INGREDIENTS:
non-competition
non-solicitation
con...
Protecting personal assets and other advantages.
Today’s Special!
Form an Entity Cheese Ball
Gaida Zirkelbach
@Gaida
in/ga...
Form an Entity Cheese Ball
Gaida Zirkelbach
@Gaida
in/gaida
LegalCookbook.com
INGREDIENTS:
C-Corporation
S-Corporation
Lim...
What are we having next time?
Gaida Zirkelbach
@Gaida
in/gaida
LegalCookbook.com
Recipes and juicy legal tidbits you can sink your teeth into™
Gaida Zirkelbach
@Gaida
in/gaida
LegalCookbook.com
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Entrepreneur's Legal Cookbook Session 1 for Startup Palm Beach

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Juicy legal tidbits entrepreneurs can sink their teeth into. Session one introduces The Entrepreneur's Legal Cookbook concept and goes over issues with former employers and setting up an entity

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Entrepreneur's Legal Cookbook Session 1 for Startup Palm Beach

  1. 1. Recipes and juicy legal tidbits you can sink your teeth into™ Gaida Zirkelbach @Gaida in/gaida LegalCookbook.com
  2. 2. About me Gaida Zirkelbach @Gaida in/gaida LegalCookbook.com I like entrepreneurship, the law and food, so I’m mixing them together to provide legal information to entrepreneurs in delicious, digestible, bite-sized pieces. As a shareholder at Gunster, I have helped my clients, including various Inc. 500 and Inc. 5000 companies, launch new products, negotiate key deals, and assimilate new divisions into existing legal frameworks. I have also helped numerous start-ups get funded, deal with the myriad of issues that arise as they grow, acquire companies and be acquired. What else? I have Martindale-Hubbell’s AV Preeminent rating, have been recognized by Super Lawyers, Florida Trend Legal Elite and the South Florida Legal Guide, have appeared on television, and have been quoted in publications such as the National Law Journal, E-Commerce Times, Florida Trend magazine, the South Florida Business Journal, and the Miami Herald.
  3. 3. CHANGE THE WORLD Why are you an entrepreneur? LIFESTYLE CREATIVE ACCOMPLISHMENT INDEPENDENCE BEING YOUR OWN BOSS OPPORTUNITY IMPACT LEGACYFAMILY AUTONOMY MONEY Gaida Zirkelbach @Gaida in/gaida LegalCookbook.com
  4. 4. 1. A great team 2. A good business model 3. Adequate capital 4. Risk management What’s the recipe for success? Gaida Zirkelbach @Gaida in/gaida LegalCookbook.com
  5. 5. INGREDIENTS: Lawsuit with a former employer Losing personal assets for failing to form an entity Unplanned fallout between founders Confidential information in competitor’s hands Disputes with employees all over the news Equity grants unattractive to future investors Unlimited liability in contracts Fail to get appropriate insurance Don’t protect intellectual property What’s the recipe for disaster? DIRECTIONS: Toss one or more of those together, and… Gaida Zirkelbach @Gaida in/gaida LegalCookbook.com
  6. 6. You and your business are burnt toast. Voila! Gaida Zirkelbach @Gaida in/gaida LegalCookbook.com
  7. 7. A tasty and refreshing way to look at business law. ™ What’s on the menu? Gaida Zirkelbach @Gaida in/gaida LegalCookbook.com
  8. 8. What’s on the menu? Gaida Zirkelbach @Gaida in/gaida LegalCookbook.com
  9. 9. What’s on the menu? Digestible, bite sized, nuggets of legal information, to help entrepreneurs get cooking and not get burned. Gaida Zirkelbach @Gaida in/gaida LegalCookbook.com
  10. 10. Obligations to former employers What’s on the menu? Why forming an entity matters Dealing with co-founders Protecting trade secrets Raising funds Having a board of directors Dealing with contracts Granting stock and options Engaging employees & contractors Working with developers Insurance coverage Social media and Internet law Gaida Zirkelbach @Gaida in/gaida LegalCookbook.com
  11. 11. Start a business not a lawsuit. Today’s Special! Former Employer Bites Gaida Zirkelbach @Gaida in/gaida LegalCookbook.com
  12. 12. Former Employer Bites Gaida Zirkelbach @Gaida in/gaida LegalCookbook.com INGREDIENTS: non-competition non-solicitation confidentiality no moonlighting ownership tortious interference duty of loyalty DIRECTIONS: - Review your agreements - Understand your obligations - Understand the repercussions - Align your interests
  13. 13. Protecting personal assets and other advantages. Today’s Special! Form an Entity Cheese Ball Gaida Zirkelbach @Gaida in/gaida LegalCookbook.com
  14. 14. Form an Entity Cheese Ball Gaida Zirkelbach @Gaida in/gaida LegalCookbook.com INGREDIENTS: C-Corporation S-Corporation Limited Liability Company Limited Partnership DIRECTIONS: • Determine the number of owners • Determine if you need owners with different rights • Consider tax implications • Determine the management structure • Consider incentivizing employees • Consider effect on raising capital • Consider familiarity • Form the right entity and follow corporate formalities
  15. 15. What are we having next time? Gaida Zirkelbach @Gaida in/gaida LegalCookbook.com
  16. 16. Recipes and juicy legal tidbits you can sink your teeth into™ Gaida Zirkelbach @Gaida in/gaida LegalCookbook.com
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