Minimum T&Cs for IT start-ups
in particular on the limitation of liability
Anyone setting up a new company first has to pay close attention to financing. Numerous issues need to be dealt with and mean costs, even though significant income is still lacking for the time being. Certain costs can be covered, e.g. through EXIST funding, out of your own pocket or through initial investors. Nevertheless, the expenditure needs to be carefully considered. When it comes to legal issues, things can quickly become complex and expensive. On the other hand, it is also expensive if a liability case arises and, for example, savings have been made on general terms and conditions with an - at least rudimentary - limitation of liability. So what are the minimum T&Cs recommended for an IT start-up?
