<ul><li>Establishing legal and financial foundations is crucial for startups to avoid costly mistakes and ensure long-term success.</li><li>Key steps for startup founders include choosing the right business structure, registering the business and trademarks, drafting clear founders' agreements, and building a solid financial system.</li><li>Other important aspects involve understanding tax obligations, obtaining necessary licenses and permits, protecting the team with contracts and policies, and getting insurance coverage.</li><li>Seeking guidance from legal and financial professionals specializing in startups can help in setting up a strong foundation for smooth scaling and better investment opportunities.</li></ul>

The Legal and Financial Foundations Every Startup Needs to Get Right

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