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What Is Due Diligence? A Quick Guide
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The question of what is due diligence will have a number of answers depending on the context. When it comes to SaaS (Software as a Service) startups, due diligence refers to the comprehensive investigation and assessment process that potential investors, acquirers, or partners undertake to evaluate the viability, value, and risks associated with the company.…
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The Indemnification Clause in Commercial Contracts
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SaaS and startup contracts aim to define services’ terms and conditions, ensuring both parties grasp their rights and responsibilities. One part of every SaaS sales contract that will be up for negotiation with B2B customers is the indemnification clause. The indemnification clause in commercial contracts can be a powerful risk mitigation tool. These clauses allocate…
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What Is A Clause In A Contract?
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If you’re embarking on your startup journey and contracts are a new territory for you, you might find yourself asking, “What does a clause in a contract entail?”. Understanding the legal jargon that you’ll encounter while building your business will help you negotiate with customers and close more deals faster. So, enough of the fluff,…
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What Is Legal Compliance?
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If you’re asking yourself ‘what is legal compliance’ you’ve probably reached an inflection point in your business that risk is keeping you up at night. This is particularly an issue for startup companies who often kickoff business operations with little to know legal guidance. Running a lean ship is a great way to get started…
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How To Track SaaS MRR
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MRR, or Monthly Recurring Revenue, is THE metric for SaaS startups. There are hundreds of useful metrics that come after it. But if you don’t know how to track SaaS MRR for your startup you need to learn. Fast. It represents the predictable and steady income generated from subscription-based services on a monthly basis. To…
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Generate Contracts With AI Safely
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SaaS startups are resource and time poor. They tackle this with innovation and problem solving with tools that can automate tasks. One area where a lot of startups are looking to create efficiencies is in their legal contract create and negotiation. If you’re in a B2B SaaS business that has to negotiate custom contracts for…
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Best Tools For Legal Operations
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Legal is more than just the guys that sift through mountains of paperwork and reduce risk. In a SaaS startup your legal team is an essential part of your sales cycle. Getting them the best tools for legal operations will speed up your sales cycle. It will also have great flow on effects to the…
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Five Essential Startup Legal Documents
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So you’ve built a great MVP and now it’s time to get selling? Now, it’s time to position your business for setting up a legal buyer-seller relationship. To get there you’ll need to get five essential startup legal documents into place. These documents are crucial for selling to customers and protecting your business and yourself…
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How To Write a Privacy Policy For A Startup
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Privacy or data policy lies at the heart of every software-as-a-service startup. Ability to deliver a great product. Coupled with your startup terms and conditions it is one of your main legal documents. No matter what the product you are building having data or privacy measures in place builds trust in customers. Knowing how to…
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