VL Business Law Corporation is a woman-owned law firm founded to support entrepreneurs of all backgrounds whose businesses promote an inclusive society. The lawyers of the firm regularly do pro bono work, including Public Counsel, and partner with Anderson Venture Accelerator at the Harold and Pauline Price Center for Entrepreneurship & Innovation, UCLA Anderson School of Management.
My partner and I have self-funded our business so far. We want to raise capital from angel and venture capital investors like my brother has for his business. What are next steps?
We plan to hire marketing consultants and tech developers who reside in different states. These are going to be short-term projects. Do we need a contract?
How many shares should I set aside for future issuances to employees, consultants or advisors? And when should I put in place a stock option plan?