Legal & Insurance
Top links for legal support
Legal
Top resources:
- Fashion Law Studio - founded by the Managing Director of the Fashion Incubator San Francisco. Our mission to democratize the law by providing affordable, practical, and easy-to-use legal resources and tools to Fashion, Beauty, & Wellness entrepreneurs.
- Inventor and entrepreneur resources by the United States Patent & Trademark Office (USPTO)
- 60 Pro Bono (free) Law School clinics - certified by the USPTO
Tools:
- Search Patents
- Search Trademarks
- Commercial Registered Agents
- Thoughts on NDA for early buyers-testers: If it’s a manufacturing company, the trend is to ask for an NDA. If it’s a customer or user, it is not the custom. (shared by community members)
Community member recommended vendors
Insurance
General Liability & Employment-Related Insurance
Many corporate partners require a $1M minimum general liability insurance
Employment practice liability insurance might be especially helpful if you have a employees in states that have a high risk of employees suing a business: California, Washington DC, Illinois.
Insurance company:
Experiences, Services and Guiding Companies
Larger providers can cover more things, but they want to work with larger companies with more revenue, and require solid training programs accredited by AMGA, AEE, ATTA, ACA
Tip: if you have pro forma with 3-5 year projections, you are more likely to get an agent with a larger company who can bundle everything, and this will save you money
Insurance Companies used by Founded Outdoors community members:
Everest - covers rock climbing, wilderness medicine, 3rd party for white water rafting
Philadelphia - covers new hiking guiding business
Eventhelper - great for one-off experiences
West Bend - covers yoga, hiking
CBIZ - broker, works with a lot of rafting companies
Did we miss something that could be useful? 👉 Let us know here!