S6E45 Jeremy Jarrett | Legal Advice & Strategy for Starting An Engineering Business
Jeremy Jarrett, a corporate and M&A attorney at Sacks Tierney, advises engineers on the legal strategies for starting and scaling a business, emphasizing the importance of entity structure, funding, and contract negotiation. He highlights that while sole ownership is simple, multi-owner ventures require robust governance documents to prevent costly disputes, and taking outside capital imposes strict fiduciary duties. Jarrett warns against common pitfalls like using insufficient one-pager contracts, ignoring cash flow mismatches, and failing to negotiate with large buyers, urging founders to build profitability before seeking exits or aggressive funding.