Below you'll find a list of all posts that have been categorized as “Legal Advice”
Buying someone else’s business is always a challenging process. You have to consider every aspect of the targeted business and think through potential issues that may occur along the way. The ideal situation is to buy an expanding business that the current owner is not able to scale properly, but this is not the most common case. On the contrary, …
What Does Vested Shares Mean And Is Vesting A Good Idea? No, we are not talking about questionable fashion choices today–we are talking about finances! Vesting in this scenario is the process by which a shareholder earns shares or stock options over a period of time. This terms will be determined in a Shareholders’ Agreement, but it is usually either …
Equity split is one of the most important and controversial topics that you would need to discuss with your co-founder in the early stages of your business relationship. This is the moment where the arguments may arise. That’s why equity allocation and choosing the co-founders are very important. How should equity be split between co-founders? Going into business with …
Splitting equity is a difficult and sensitive decision that co-founders have to make when starting a business. The result of this decision can lead to a stronger relationship where each co-founder knows where they stand—or it can turn into a complete nightmare. There isn’t one universal rule on how equity should be split, but we have some tips to help …
Splitting equity in a startup can be a sensitive topic. How much equity does each founder deserve? The answer to this question is usually different based on each founder’s perspective and, consequently, can be a cause of conflict. But, if you ask the right questions, it’s possible to divide equity in a way that feels fair and satisfactory to everyone. …
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 small 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 for small …
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 …
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 …
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 …
Most people don’t enter into contracts with the intention of breaking them, however, it still happens with remarkable frequency. Just four in ten small businesses will still be trading after five years. It’s definitely worth knowing what to do when a breach happens so you can avoid being one of the other six. So, what SHOULD you do when a …
