Tips for Legal Business Contract Negotiation

Tips for Legal Business Contract Negotiation

Linkilaw Startup Advice & Tips

Without the right negotiation skills, you risk damaging relationships with clients and running into losses. With the right skills, you stand to earn more revenue and reduce your business risks. Negotiating a profitable business deal is about creating opportunities and exchanging value. The wrong way to handle negotiations is by dominating and intimating others into accepting your terms. For long-term …

Common Startup Legal Mistakes And How To Avoid Them 2

Common Startup Legal Mistakes And How To Avoid Them

Linkilaw Startup Advice & Tips

As a startup owner, you are probably over the hill about getting the wheels of your game-changing new business idea in motion. While this is absolutely fantastic, such unbridled enthusiasm can make you forget about some arguably less exciting, yet very important legal issues. Negligence of the law (whether it’s intentional or not) can throw quite the wet blanket on …

Questions To Ask Before Splitting Equity

Questions To Ask Before Splitting Equity

Linkilaw Startup Advice & Tips

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. …

10 Tips for Naming Your Business

Linkilaw Startup Advice & Tips

While our beloved Shakespeare penned that ‘a rose by any other name would smell as sweet,’ the name you choose for a business must be consistent, unique and memorable unto itself. You should love it, and hope your customers will as well. And, if they identify it with a friendly company, they will share the news with others and your …

Why Entrepreneurs Should Not Be Afraid Of Pivoting

Why Entrepreneurs Should Not Be Afraid Of Pivoting

Linkilaw Startup Advice & Tips

Entrepreneurs are very often stubborn. When starting a business, they’re confident about their idea to succeed. However, during the business journey challenges arise and if the idea of pivoting enters the picture, most entrepreneurs take a reactive approach. As entrepreneurs ourselves, at Linkilaw we know first hand that changing the initial idea of a business is complex. But it can …

When is the right time to grow your business

When Is The Right Time To Grow Your Business?

Linkilaw Startup Advice & Tips

One of the key impacts of internet fuelled trends, particularly in areas around social media, has been the seemingly urgent societal desire to “become someone”. In business we see echoes of this trend. This sense of urgency has made entrepreneurs believe that they need to get somewhere as quickly as possible with relative success being determined by the size of …

Successful Entrepreneurs

What Successful Entrepreneurs Have In Common?

Linkilaw Startup Advice & Tips

Which came first, the chicken or the egg? Are entrepreneurs born or made? The eternal question without answer.  People change, grow and evolve. Entrepreneurship can definitely be taught and improved if this is one’s passion.  However, it is also true that people seem to be born with certain traits that create the perfect storm to be a successful entrepreneur.  At …

timely legal advice

Why Timely Legal Advice Is Important

Linkilaw Startup Advice & Tips

With the increase of focus on technology as a necessity in our world for leisure, work and travel, among a number of other relevant matters, there is no doubt that a more comfortable and convenient future is just waiting to happen. Countless laws will no doubt come popping up to accompany these advancements, with new processes and red tape than …