When you are committing to a startup venture, you and your co-founders will understandably want to protect your “secret sauce”—the information that makes your product or service unique, whether it’s intellectual property, know-how, or trade secrets. Especially when the company is young and growing, your co-founding team will likely want to gain every protection you can to ensure that no one else can implement your idea before you do.

Gust Launch starts with the incorporation and company formation processes—sets of legal documents approved, signed, and in some cases filed in a specific order, that take a team of founders from private individuals with an idea all the way to being CEO and Board of a brand new Delaware C-Corporation, ready to conquer the world.

Making the best choices for your high-growth business is a lot easier with the expertise of a startup lawyer. Even though founders know it’s important, when it comes to finding lawyers who specialize in startups and deciding which one to hire, many founders are at a loss.

Startup founders generally know that they need some form of accounting and bookkeeping, but the difference between them (and why their startup might need one service but not the other) isn’t obvious to many founders. Sometimes founders are so focused on their startups’ mission they think that this process isn’t worth the worry, and they should figure it out later, but ignoring the need for recording finances can be very dangerous.

We recently published a post on the Gust Launch blog explaining why Gust Launch is based on the incorporation of high-growth startups as Delaware C-Corporations. We were a little surprised by the response—a fair number of readers still advocated for LLCs, primarily due to the purported tax advantage of being a pass-through entity. Even though this difference is highly exaggerated for cash-strapped, high-growth startups, we realized that we hadn’t explained how the issue plays out, or how startups can take advantage of pass-through status without...