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MenuShould I get a lawyer to incorporate a startup that will seek military/gov't contracts?
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Hi there,
Congrats on the new venture! Seems like you're making some awesome progress already.
If you're looking to incorporate a startup, feel free to check out a company I started called LawTrades (http://www.lawtrades.com) -- in short, we help startups get legal stuff done.
We work specifically with startups and connect them to experienced startup attorneys who are available on demand and usually 60% cheaper than a traditional law firm.
Aside from the incorporation, you can find help on contract negotiation, making your business structure "investor friendly", securing IP, executing a convertible note and more.
Always free to connect with an attorney to get a feel for him/her.
Hope that helps! Let me know if you have any other questions.
Review a list of military contracts that have been awarded recently to smaller players. How many of them were not incorporated?
I don't pretend to know the answer. But as an ex-submarine officer myself, I know how much uniformity and checked check boxes matter within military culture. Any application ought to scrupulously match the pattern of previously accepted applications.
So if you don't find any unincorporated startups being awarded mission-critical military contracts, then you wouldn't want to be the 1 applicant to stand out. If, on the other hand, you do find unincorporated startups receiving contracts in similarly important areas, then perhaps incorporating matters less than I think it might.
My gut feeling is that incorporating shows stability and seriousness. Those are things the military definitely pays attention to, since it wants all its systems to be very robust. Being contemporarily cutting edge is far less important than being durable.
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