New startup . Current own 100 percent as LLC. Like to start giving equity to sales person and operations person . Need to set up a cap table . Do we need a lawyer to structure this ? Want to keep it very simple . Any idea whom we can speak with ?
I can say for staters you should listen to this two part podcast on the issue
And this is a followup note/exercise on cap tables
And personally, for me if it involves money and ownership, I always make sure a professional is involved.
I´ve never seen something like a "simple" cap table (so I agree with Terry below). It´s made up from a lot of complex transactions. I calculated some Excel sheets I am using in my lectures and workshops but that´s for training purposes, for an individual cap table I needed much more information. The best thing you can do is going to an expert where you live, and you should consult one that has structured such deals.