Business Startup Checklist

Business Startup Checklist and Services Agreement

This Business Startup Checklist and Services Agreement ("Agreement") is made effective as of between Client Name: and Service Provider Name: .

WHEREAS

WHEREAS, Client intends to form and commence operations of a new business and seeks consultative, administrative, and procedural services necessary to complete startup tasks in a compliant and timely manner; and

WHEREAS, Service Provider represents that it has the personnel, experience, and resources to assist Client with entity formation, registrations, licensing, tax registrations, banking setup, and related startup activities; and

WHEREAS, the parties desire to set forth responsibilities, deliverables, timelines, payment terms, confidentiality protections, and other terms governing the provision of services and completion of the Business Startup Checklist.

Scope of Work and Startup Checklist

Service Provider will perform the services described below and will assist Client in completing the checklist items. The parties acknowledge that specific items may be added, removed, or modified by written amendment signed by both parties.

Startup Checklist Items (mark complete when finished; assign responsible party and target dates)

Entity Formation

Select business entity type (LLC, Corporation, Partnership, Sole Proprietorship)    Responsible:    Target:

Prepare and file formation documents with appropriate filing authority    Responsible:    Target:

Registrations, Tax IDs & Licenses

Obtain Employer Identification Number (EIN)    Responsible:    Target:

Register for state tax accounts and withholding as required    Responsible:    Target:

Identify and obtain local/state business licenses and permits    Responsible:    Target:

Banking, Accounting & Insurance

Open business bank account and merchant services    Responsible:    Target:

Select and configure accounting and bookkeeping systems    Responsible:    Target:

Obtain general liability and any required professional insurance    Responsible:    Target:

Intellectual Property, Contracts & Policies

Assess and file trademark or trade name protections as appropriate    Responsible:    Target:

Prepare customer/vendor agreements, NDAs, and employee/independent contractor agreements    Responsible:    Target:

Notes / Additional Items:

Payment Terms

Client agrees to pay Service Provider the fees set forth below for the services and checklist assistance described in this Agreement. All fees are exclusive of applicable taxes unless otherwise stated.

Late payments shall incur interest at per month (or the maximum permitted by law), assessed on invoices past due by days.

Term and Termination

Term: This Agreement commences on the start date and continues until completion of the scope or until terminated in accordance with this Section. Commencement Date: Anticipated Completion Date:

Either party may terminate this Agreement for convenience upon written notice to the other party delivered at least days prior to the effective termination date. In addition, either party may terminate immediately for material breach that remains uncured for a period of 15 days following written notice of such breach.

Confidentiality

"Confidential Information" means non-public business, financial, technical, and operational information disclosed by one party to the other in connection with this Agreement. Each party agrees to maintain Confidential Information in strict confidence, to use it solely for performance under this Agreement, and not to disclose it to any third party except to employees, advisors, or contractors who have a need to know and who are bound by confidentiality obligations at least as protective as those hereunder.

Confidential obligations do not apply to information that is (a) in the public domain through no fault of the receiving party, (b) lawfully received from a third party without restriction, or (c) independently developed by the receiving party without use of the disclosing party's Confidential Information. If disclosure is compelled by law, the receiving party shall provide prompt notice to the disclosing party to allow it to seek protective measures.

Limitation of Liability

Except for willful misconduct or gross negligence, neither party shall be liable to the other for indirect, incidental, consequential, special, or punitive damages arising out of or relating to this Agreement. The aggregate liability of either party for claims arising from this Agreement shall not exceed the total fees paid by Client to Service Provider under this Agreement during the preceding twelve (12) months.

Governing Law and Dispute Resolution

This Agreement shall be governed by and construed in accordance with the laws of the State of without regard to conflict of laws principles. The parties agree to attempt to resolve disputes through good faith negotiation. If unresolved, disputes shall be resolved by binding arbitration conducted in the agreed county or as otherwise mutually agreed by the parties.

Entire Agreement; Amendments

This Agreement, including any attachments or written amendments signed by both parties, constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes all prior understandings, representations, and agreements, whether written or oral. No amendment or waiver of any provision of this Agreement shall be effective unless in writing and signed by both parties.

Notices

Signatures

Sign Now