Term Sheet includes:
Free initial consultation
Advice & preparation by a lawyer
Guidance on managing investors
A term sheet is an effective way of negotiating the terms of an investment with potential investors. It is a less formal and non-binding form of agreement that can be circulated between parties, added to and edited.
Once agreed upon, a term sheet serves as a basis for a binding legal agreement between the parties regarding an investment. As all of the important terms have been agreed upon in the term sheet, the formal agreement can be quickly drawn up to reflect the terms of the deal and executed with minimal delay.