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 …

vested shares

Vested Shares: How To Make The Most Of Them

Linkilaw Business Finance, Business Structures, Startup Advice & Tips

This paper is based on the law of the UK as of 23 November 2016. It should not be taken as legal advice but as an introduction into Vested Shares, the legal requirements of owning Vested Shares, and Vested Shares tax. In the US, share vesting is a practice which legally exists and is common among businesses. On the other …

Essential Commercial Law Tips for Start-up Businesses

Linkilaw Startup Advice & Tips

Being a start-up business owner doesn’t always equal mounds of business acumen and commercial aptness. As with every other new role and line of business, it’s a learning curve for everyone involved – and that’s OK. However, some mistakes can be very expensive, potentially even fatal to your booming young business. Talent, skills and hard work is extremely important, but …

Top 10 Places To Start A New Business

Linkilaw Startup Advice & Tips

  So you’ve got a great idea to start a new business and you want to make sure you’ve pulled out all the stops to your soon-to-be success. Your product or service is innovative and thorough; your marketing strategy is well-thought out based on current market research; your price is affordable enough for the customer, yet profitable enough for you. …

Thinking of Hiring An Independent Contractor?

Linkilaw Record Keeping & Taxes

Hiring an independent contractor can be a confusing and daunting process for many companies. There are so many pros and cons, plus you may also be wondering whether or not you should hire a full-time employee instead of an independent contractor.   It’s important that you understand that there is a distinction between hiring someone as an employee and as …

commercial law

Commercial Law Is Essential For Your Success: Read This To Find Out Why!

Linkilaw Business Structures

Commercial law is one of the most important legal areas of your business. This area of law deals with matters relating to commerce and trade between businesses and consumers, and it also reaches out into areas of employee contracts, business contracts, financial transactions and more. Most businesses engage in commerce with their customers without really giving any thought to the …

legal structure for your business

Choosing The Right Type Of Legal Structure For Your Business

Linkilaw Business Structures

The decision has been made – you’re starting your own business. Congratulations! You probably have many irons in your fire right now, not to even mention how excited (or stressed, or both) you must be. And yet, keeping a clear head is now instrumental. Allowing yourself any hasty or uninformed decisions might later seriously tamper with your professional life and …

Debt Recovery Law – Get Your Money Back

Linkilaw Business Structures

Unpaid invoices and fees from your clients and partners can throw your business seriously off track. The role of a creditor is far from a pleasant one: in addition to hampering your regular business operations, non-payments and delays in payment can quite dampen your professional enthusiasm. On top of it all, trying to collect money from your debtors is a …