starting a business with family

Starting A Business With Family? Get These Three Legal Agreements

Linkilaw Family Business

Starting a business with family can be a exciting endeavour for many people. However, it’s also one that can be fraught with danger if it’s not managed properly. It is a fact that not every family business turns out well. In some cases, disputes and disagreements can tear a family apart and cause irreconcilable differences. If you intend on starting a …

Legal pitfalls to avoid for startups

4 Legal Pitfalls And How Your Startup Can Avoid Them

Linkilaw Company Law, Family Business, Home-Based Business

When stepping on unknown ground, especially if you have found yourself alone in the entrepreneurial jungle, it’s easy to fall into legal pitfalls. Luckily, this is the age of superfluous and readily accessible information that you can arm yourself with on your path to professional success. If you can experience all the benefits of learning from a mistake, without having …

Is Your Business Infrastructure Secure?

Linkilaw Business Structures, Family Business, Home-Based Business

A solid business infrastructure is vital for building a successful business. Just like anything else that requires a solid infrastructure, businesses without this will struggle to thrive. So what does having a business infrastructure mean? And what does it entail specifically? That’s exactly what we’ll be looking at in this post. Once you’ve finished reading this post you’ll know exactly …

How to protect your business

How To Protect Your Business As It Grows

Linkilaw Family Business, Home-Based Business, Motivation & Success

If there is one thing that’s hard to argue about, it’s the following: starting your own company is extremely exciting! You cannot wait to fill the gap you’ve spotted in the market years ago and offer the world a great new product, paired with sublime service, all under your own name. With your own company, you get to call the …

Why Every Small Business Owner Needs A Legal Makeover

Linkilaw Business Structures, Company Law, Family Business

The business environment is changing rapidly. From the digitalization of processes, to regulatory changes and ever increasing competition, market conditions are unpredictable. It’s highly advisable for any business owner to be reactionary and to consider a makeover of its business structures and processes. In this article, we will focus on the legal issues that deserve consideration, and why every business …

outsourcing work to freelancers

Are You Using Legal Best Practices For Outsourcing Work To Freelancers

Linkilaw Family Business, Home-Based Business, Startup Advice & Tips

Outsourcing is all the rave at the moment. Businesses are now outsourcing work to freelancers more than ever before. Businesses are outsourcing work to freelancers because it is a great way to delegate specific tasks to others who are perhaps more qualified than they are. Other reasons are that they don’t have the time to do that specific task themselves …

cofounding startups

The Pros and Cons of Co-Founded Startups

Linkilaw Business Structures, Family Business, Startup Advice & Tips

So you think you’ve finally found THE one? The two of you have great conversations, similar interests and almost identical short and long-term goals. You’re thinking about a proposal, but you want to be sure. How can you know? We’re talking about business, of course – not marriage – although the two are eerily similar. Think about it: when both …

working from home, home based business

Big Challenges When Working From Home

Linkilaw Family Business, Home-Based Business, Motivation & Success, Startup Advice & Tips

Although working from home may seem the answer to your prayers, don’t be so quick to assume this is always the case. Sure, it leaves you free to pop the kids in the car and drop them to school functions, or pick up tonight’s groceries for dinner. And, who would know (or care) if you’re working in your jimmy jams? …

silver startups

Why Startups Are A New Retirement Option

Linkilaw Family Business, Home-Based Business, Motivation & Success, Startup Advice & Tips

“Time is wasted on the young” – an oft repeated phrase that surely demonstrates how little time people feel they have to accomplish their dreams. “If I only knew then what I know now” – another memorable quote expressing how youth whittles itself away, before you’re able to stretch out and really get a feel for what you would enjoy …

Why Small Businesses Fail

Why Small Businesses Fail

Linkilaw Family Business, Home-Based Business, Startup Advice & Tips

For the most part all small businesses usually start out on the right foot – with plenty of enthusiasm and great intentions. Taking those dreams to fruition, from hastily scribbled notes on your bedside table to a legitimate and lawful business, involves many steps and genuine attention to detail. First, let’s touch on a few aspects which can affect the …