Do a little bit of research into stock options vs restricted stock. And in the early days, while you're an LLC, your new colleagues might be willing to just have a promise of a certain amount of equity to be granted to them included in an employment contract, which will save you a bunch of legal fees up front, and will prevent you from having to include them as partners in your LLC, with all the extra hassle that would entail.
But make sure you put some restrictions or a vesting schedule on what you give out. It's customary for someone to have to work at least a year before they get any of their equity. You want to avoid having ex-employees/ex-partners owning equity in an early stage startup.
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Do a little bit of research into stock options vs restricted stock. And in the early days, while you're an LLC, your new colleagues might be willing to just have a promise of a certain amount of equity to be granted to them included in an employment contract, which will save you a bunch of legal fees up front, and will prevent you from having to include them as partners in your LLC, with all the extra hassle that would entail.
But make sure you put some restrictions or a vesting schedule on what you give out. It's customary for someone to have to work at least a year before they get any of their equity. You want to avoid having ex-employees/ex-partners owning equity in an early stage startup.