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Such a big question.. Here from least to most involved based on my experience: If you only need incorporation, accounting and taxes solved, you can just pay ~h
by m3nu 5y ago
Such a big question.. Here from least to most involved based on my experience:
If you only need incorporation, accounting and taxes solved, you can just pay ~hourly. Price will depend on time spent. Budget more in the beginning to find a good setup that will save time later. Accountants generally know very little about automation opportunities, so you need to find them yourself.
For sales positions, I'd always go for results-based compensation (like awarding equity as results are reached).
If the person does more than pure sales, you need a non-tech cofounder with some equity and the task to build commercial processes, do sales, decide features.
What you need will depend very much on your own skills and the product. Some stories: For my first startup, a physical consumer product, I had an equal partner with complementary skills who was very involved in product dev and sales. This worked well.
Later, in two other startups, I had technical cofounders and there was nobody to do sales and collect feedback. Worked less well obviously.
Hope this helps a bit and good luck with your idea!