The Different Business Agreements And Breaches That You Should Be Aware Of As A Business

Tosin Company Law, Legal Documents

When entering the business world it is important that you are aware of the different business agreements that are needed in order to run your company. You don’t have to be a legal expert, however, you do need to have a basic understanding of how the law works in relation to your business. A lot of jurisdictions around the world …

How To Protect Your Intellectual Property and Why It Is Important To Do So

Tosin Intellectual Property

A lot of founders when they first start a business do not see protecting their intellectual property as a priority. However, if your business is substantially based on your trade secrets it may be necessary for you to do so. If it gets stolen and it is not protected it would be extremely difficult to get any kind of remedy …

Reasons Why You Might Want To Sell Your Company

Tosin Business Finance, Buying a Business, Startup Advice & Tips

Selling your company is not something that should be taken lightly. Before you sell your business you should think deeply about why you want to sell your company and how it will impact your life if you decide to do so. Whether you’re an innovative emerging tech company with Silicon Valley aspirations or a family run bakery, the process of …

Entrepreneurs’ Relief: What is it? Who does it affect?

Tosin Entrepreneurship, Entrepreneuship

Overview Entrepreneurs’ Relief is a capital gains tax benefit available to business owners, partners, and some shareholders. In most circumstances, company owners who sell residential property have to pay a 28% tax on the gains made in that sale. Other assets that are sold will have a capital gains tax of 20%. Those eligible for Entrepreneurs’ Relief are instead taxed …

The 12 Biggest Legal Mistakes That Startups Make

Tosin Business Finance, Entrepreneurship, Legal Advice, Legal Documents, Terms and Conditions

  They neglect the basics    It is important that any startup has the necessary legal documents in place from as early on in the company as possible. This means having shareholders agreements, co-founders agreements and other necessary agreements needed in order to launch the company. Being legally secure will prevent further implications in the future. It is easy for …

Major Tips On How To Support Your Co-founders

Tosin Entrepreneurship, Small Business, Startup Advice & Tips

Tip #1: Let them lead When building a startup often co-founders would want to do everything themselves. However, this will often lead to fatigue and burnout. The whole point of having a co-founder is to have a partner along with you on the journey of your new business venture. This means that you can’t do everything by yourself and it …

10 signs that you and your co-founders are in alignment

Tosin Small Business, Startup Advice & Tips

“Having the right team determines the path and outcome of a new venture more than any decision in the lifecycle of a company”: Bernd Schoner, co-founder ThingMagic.  Many founders overlook the importance of building a great team and fall into the trap of working with and employing people who might initially support their idea but who in time, are not …

What A Shareholders Agreement Is And Why Your Startup Needs One

Tosin Entrepreneurship, Family Business, Intellectual Property

What is a Shareholder Agreement? A shareholders agreement should essentially be the cornerstone of any business venture between founders and partners. It is a legally binding document that sets out the structure of the company. A shareholders agreement can be among many people, not only the co-founders but anyone who has a potential interest in the company. The agreement should …

5 Reasons Why Co-founders Fall Out

Tosin Founder's Post

A remarkable statistic to throw your way … “65% of high-potential startups fail due to conflict among co-founders” This statement was made by Noam Wessman, Harvard Business School Professor and author of The Founder’s Dilemma who states that co-founders fall out for many reasons, such as money, business strategy, and leadership. A simple solution to this problem is to create …

9 Common Mistakes Made About GDPR Compliance

9 Common Mistakes Made About GDPR Compliance

Tosin Uncategorized

  Having helped 000’s of businesses and hosted multiple events, we put the question to our team … what are some typical assumptions being made about GDPR compliance … As we’re 9 days away from D-Day … we’ve selected 9 common mistakes made about GDPR compliance …. Non EU Companies Assume GDPR Is Not Relevant To Them This legislation is about …