Generate a guide on establishing good governance practices early on to ensure long-term health.
Prompt:
570 characters
Generate a full detail guide on corporate governance for early-stage startups. The guide should be preventative and strategic. It must include sections on: 1. Why good governance matters even for a two-person startup. 2. The importance of establishing a board of directors, even if it's just the founders initially. 3. A guide to proper documentation and record-keeping. 4. How to set up clear decision-making processes to avoid founder conflict. 5. A look ahead at the governance required for future funding rounds. Please include a disclaimer to consult legal counsel.