I am starting a software business and I am not entirely sure how to proceed with incorporation and drafting an operating agreement.
I have one co-founder and we’ve been working together for a few months validating our product with our target market but have not started building. We are ready to start building but we’d like to have a business entity set up with a business bank account so that everything can stay organized under the business.
We’re not sure where to start or who to work with. I’ve found some start-up attorneys through Google searches and have considered options like Stripe Atlas and Clerky but I’m not sure how important it is to have a lawyer handle everything vs. an automated “service”.
Does anyone have experience finding the right attorney to work with or using a service like Stripe Atlas?
If you do not plan to raise capital setting up an LLC is super simple.
There are plenty of templates for operating agreements.
The most important aspect of your operating agreement is to clearly define who is responsible for what.
If you plan to raise capital then you will want to form an Inc. There are many states where the laws are advantageous such as Delaware. These are a little more complicated but if you need any help give me a ping and I can get you on the right path.