Documentation Registration

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Documentation Registration

  1. 1. DOCUMENTATION REGISTRATION
  2. 2. WHAT IS DOCUMENTATION <ul><li>Something transposed from a thought to a document ; the written account of an idea. </li></ul><ul><li>It is usually paper books or computer readable files (such as HTML pages) that describe the structure and components, or on the other hand, operation, of a system/product. </li></ul>
  3. 3. Subfields of documentation includes <ul><li>: </li></ul><ul><ul><li>Scientific documentation </li></ul></ul><ul><ul><li>Technical documentation </li></ul></ul><ul><ul><li>Legal documentation </li></ul></ul><ul><ul><li>Administrative documentation </li></ul></ul><ul><ul><li>Historical documentation </li></ul></ul>
  4. 4. IMPORTANCE OF DOCUMENTATION <ul><li>Documentation will </li></ul><ul><ul><li>Reduce liability, </li></ul></ul><ul><ul><li>Mitigate risk from lawsuits and unforeseen events, </li></ul></ul><ul><ul><li>Resolve disputes, </li></ul></ul><ul><ul><li>Outline the details of wealth distribution </li></ul></ul><ul><ul><li>Clearly define the specific roles of the partners, employees, advisors, Board of Directors and other company stakeholders; </li></ul></ul>;
  5. 5. <ul><ul><li>Raise capital; and </li></ul></ul><ul><ul><li>Define the business objectives and execution strategy. </li></ul></ul><ul><ul><li>Clearly define the specific roles of the partners, employees, advisors, Board of Directors and other company stakeholders </li></ul></ul>
  6. 6. A good but far from comprehensive documentation list... <ul><li>Standard Operating Procedures </li></ul><ul><ul><li>A document that outlines the relevant corporate policies, decision making procedures, business processes, accountability controls, etc. </li></ul></ul>
  7. 7. Incorporation Documents <ul><li>The incorporation documents should also serve to limit liability by serving as a shield to protect the personal assets of investors, managers, etc. </li></ul>
  8. 8. Shareholder's Agreement <ul><li>A shareholder's agreement will help facilitate a smooth transition for the remaining partners to enable the business to continue as an ongoing concern. </li></ul>
  9. 9. Intellectual Property Rights Protection Agreements <ul><li>Trademarks, copyrights and patents fall into this category. </li></ul><ul><li>These agreements are intended to provide legal safeguards to protect the competitive advantage that is gained by the ideas and proprietary information, processes, products, logos, etc. of the company. </li></ul>
  10. 10. Insurance Agreements <ul><li>Insurance is intended to mitigate the risk of unforeseen, unfortunate and potentially catastrophic events that could substantially cripple or kill the business. </li></ul><ul><li>Insurance is also used protect the employees of the business and their beneficiaries from possible temporary or permanent life-altering and/or financially paralyzing events, such as catastrophic injury or disability, substantial property damage or destruction, death, serious health concerns, etc. </li></ul>
  11. 11. Licensing Agreements <ul><li>Licensing agreements that are required to operate the business from local, state, federal and international regulatory authorities. </li></ul><ul><li>A lack of compliance by not obtaining the appropriate licenses can spell disaster and potentially shut down a business and/or cause substantial liability to be incurred by the partners. </li></ul>
  12. 12. Employment Agreements <ul><li>Defines the working relationship between employee and employer. </li></ul><ul><li>In addition, through a non-compete clause, they will typically provide protection for a number of years to the company from the threat of employee departure by preventing direct competition by the (former) employee. </li></ul>
  13. 13. Confidentiality Agreements <ul><li>Prevent parties from sharing information with outside parties that could have potentially damaging competitive, financial and/or business implications (e.g., violation of the confidentiality in a merger transaction). </li></ul>
  14. 14. Written Contracts <ul><li>All business arrangements and agreements between parties should be documented. </li></ul><ul><li>Though verbal agreements are enforceable, a written agreement limits the potential for misunderstanding and can provide protection in litigious situations . </li></ul>
  15. 15. WHAT IS REGISTRATION <ul><li>Document detailing the purpose of a proposed public offering of securities. </li></ul><ul><li>The statement outlines </li></ul><ul><ul><li>History of the company's operations </li></ul></ul><ul><ul><li>Financial details, </li></ul></ul><ul><ul><li>Management, and </li></ul></ul><ul><ul><li>Facts of importance to potential buyers. </li></ul></ul>
  16. 16. IMPORTANCE OF REGISTRATION <ul><li>The statement outlines </li></ul><ul><ul><li>History of the company's operations </li></ul></ul><ul><ul><li>Financial details, </li></ul></ul><ul><ul><li>Management, and </li></ul></ul><ul><ul><li>Facts of importance to potential buyers </li></ul></ul>

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