Legal Advice For Small Business Owners: The Essentials

Legal Advice For Small Business Owners – The Essentials

Tosin Legal Advice, Legal Documents, Small Business, Startup Advice & Tips

Small businesses accounted for 99.3% of private sector businesses at the start of 2017 and 99.9% were small or medium-sized (SMEs). Want to be part of this business owners’ world? Are you a business owner wanting to avoid mistakes? Don’t know where to start or what you need? Here are the essentials for those seeking legal advice while starting their …

Business Dispute: When Should I Hire A Lawyer?

Business Dispute: When Should I Hire A Lawyer?

Tosin Company Law, Entrepreneurship, Founder's Post, Legal Advice, Legal Documents, Small Business, Startup Advice & Tips

When should you hire a lawyer? Hiring a lawyer is not an extravagant expense but a cost saving one. What you should do before hiring your lawyer: Know your needs Would you prefer to go to court or stay courteous? Trust your lawyer Do they take the time to teach you about the legal context of your business? Do they …

Legal Documents Online: A Compliance Checklist For Small Businesses

Legal Documents Online: A Compliance Checklist For Small Businesses

Tosin Business Structures, Entrepreneurship, Legal Documents, Small Business, Startup Advice & Tips

You are ready to launch your business but you don’t know which document you need or how to get it. You want to be sure you have everything necessary to save you a world of hurt. Need a compliance checklist? Here it is! Which documents do you need? The Memorandum of Association – Articles of Association – Certificate of incorporation …

The Importance Of Data Flow For GDPR Compliance

The Importance Of Data Flow For GDPR Compliance

Tosin GDPR, Internet Security, Internet Technology, Legal Advice, Legal Documents, Legal News, Online Business, Small Business, Startup Advice & Tips, Startup News, Technology

We can assist you in creating a Data Flow Summary for your business. As a startup, you are more flexible and can comply at a faster rate than large companies to GDPR. Let Linkilaw follow your information flow! What Does Data Flow Mapping Mean? Mapping data enables you to record your information flow. An information flow is a transfer of …

Horror Stories: Never Use A Breach Of Contract Template

Horror Stories: Never Use A Breach Of Contract Template

Tosin Legal Advice, Legal Documents, Small Business, Startup Advice & Tips, Technology

What you don’t want to pay for is any routine work, but you are willing to pay for experience. Thus, you shouldn’t use a breach of contract template. Putting a legal template in the hands of a non-lawyer is somewhat akin to giving a ball to someone who never has had any training. He will know how to shoot in …

Business Dispute: How To Negotiate

Business Dispute: How To Negotiate?

Tosin Founder's Post, Legal Advice, Legal Documents, Small Business, Startup Advice & Tips

Negotiation is a part of everyday life, but negotiation is even more important in case of conflict. Dispute brings up concerns about the cost of litigation, loss of reputation and loss of time and energy. In case of a dispute, negotiating might allow you to avoid these costs or, at the very least, mitigate them. What do you need to …

FAQ - Share Transfer Agreement

Share Transfer Agreement – FAQ

Tosin Entrepreneurship, Founder's Post, Legal Advice, Legal Documents, Small Business, Startup Advice & Tips, Uncategorized

Shares can be transferred at any time and you need to know how the situation will be handle. Here are the essential for those seeking legal answers on Share Transfer Agreement. How to Transfer A Share: A transfer of shares, also known as a stock transfer, is the process of changing ownership of shares from one shareholder to another in …

Tag Along Drag Along Rights Explained

Tag Along Drag Along Rights Explained

Tosin Company Law, Founder's Post, Legal Advice, Legal Documents, Small Business, Startup Advice & Tips

There are many different aspects of a Shareholders’ Agreement. This is to explain what Tag Along and Drag Along rights are. What are Tag Along and Drag Along Rights? A tag along provision also called ‘co-sale right’ is a clause that allows minor shareholders to ‘tag along’ with a larger shareholder or group of shareholders if they find a buyer …

Business Disputes: A Step By Step Guide

Business Dispute: A Step-By-Step Guide

Tosin Legal Advice, Small Business, Startup Advice & Tips, Uncategorized

Disputes are a part of a business adventure. It is time consuming, irritating and it costs money. But, this conflict can be handled smoothly if you know the steps to follow. According the CEDR Mediation audit – 10,000 commercial mediations were performed in 2016, an increase of 5%. Here is a step by step guide for a peaceful resolution of …

The Negotiation Step Your Acquisition Is Missing

The Negotiation Step Your Acquisition Is Missing

Tosin Buying a Business, Founder's Post, Legal Advice, Small Business

Whether you’ve successfully scaled your business and have buyers knocking on your door or you’re looking to acquire a business yourself, you’re likely overlooking a key step in the negotiation process: Heads of Terms. What are Heads of Terms? Also known as Letters of Intent or Memoranda of Understanding, Heads of Terms set out the main points of a deal …