Albert Carrion, Husch Blackwell Partner and Intellectual Property/Technology Transaction Attorney, presented his talk “Legal Toolbox; What Start-Ups Need To Know” on Thursday, January 16th in IncubatorCTX to a room full of entrepreneurs, business students, and community members.

Albert CarrionMr. Carrion focuses primarily on negotiating technology use/acquisition agreements, trademarks, trade secrets, domain names, and copyrights. He is professionally affiliated with the Austin Intellectual Property Lawyers Association, Austin Bar Association Technology and Computer Law section, and the State Bar Computer Law and Labor & Employment sections.
In his talk, Albert Carrion discussed starting, growing, and protecting your business from a legal perspective. For example, he began by explaining what early-stage plans you should set in place when you start your business, such as:
  1. Creating a founder’s agreement,
  2. Establishing a vision,
  3. Defining roles,
  4. Setting priorities and expectations,
  5. Developing relationships with mentors,
  6. Consulting with a CPA regarding business-entity formations,
  7. Hiring an attorney to set up your legal entity, shareholder, and operating agreement.

Doing these things first sets a legal understanding among your team members and shareholders at the outset. It’s easier for companies to plan for potential disputes or differences when they agree in the beginning. In conclusion, thinking about these big-picture concepts from the onset will help you avoid pitfalls later on when your business is established.

 

 

Written by Hannah Watson

About IncubatorCTX
IncubatorCTX helps startups and early-stage companies grown and succeed. Our goal is to promote innovation and impact in Northwest Austin along the HWY 620 corridor. We are located on the campus of Concordia University amidst 400 acres of Hill country preserve.
IncubatorCTX members have 24/7 access to vibrant co-working space alongside other entrepreneurs. IncubatorCTX is much more than a co-working space; our members also benefit from a network of mentors, entrepreneurial programming, classes, events, and access to faculty and student workers.

For more information or to become a member, please go to www.incubatorctx.com or to learn more about Concordia University Texas go to www.concordia.edu