There are many factors to take into consideration when investing in a brand new startup. It is important to determine whether you prefer a digital or traditional approach and which investment process is best for your company. Then you have to prepare the legal documents that you must prepare. This includes articles of association, intellectual property registered (trademarks and patents), as well as a table that shows the percentage of ownership of each investor in your firm.
You can arrange your documents in a data room nl and make them easier to review for investors. This will help speed up the due diligence process and help get you prepared for a potential deal. It also helps you save time and effort by removing the necessity of sending attachments back and forth. A data room nl will also provide security to safeguard your data.
Selecting a data room that has granular access permissions that can be customized based on role, folder or document is an important aspect. This will ensure that only those who need access to the data are able view it. Other features to be looking out for include an array of reports on activity that reveal who has looked at which documents, how many times they have been accessed and even the time of access.
Some of the top-rated data rooms have dedicated project managers that are available to support your due diligence process. They are available to answer questions and ensure that the entire team is current on the documents involved. They can also assist you with any technical issues that may arise.
