This blog post has been inspired by an article I read at the Harvard Business School’s working knowledge paper by the same title. You can read the complete story by clicking here. However, the article mentioned above completely focused on legal mistakes made by US entrepreneurs. This blog post has been modified to include Asian,...
Category: Law for Startups
5 Easy Ways to Handle Splitting With Your Business Partner
It is a wonderful Sunday or should I say, it should be a wonderful Sunday. I have about three hours before a meeting. I am just off Warren Street at a café only a block away from my former college halls. I love this neighborhood and have fond memories of this area. Even though I...
How To : Nine Tips for Hiring a Good Lawyer for Your Business.
I was recently asked by a client of mine, an entrepreneur, on how can an entrepreneur narrow down on a good lawyer? Considering that most of the entrepreneurs begins with very little money, there are various factors that he/she has to keep in mind while hiring a good lawyer. Having an entrepreneurial streak in myself,...
3 Important Guidelines To Avoid Honest Mistakes & Prevent Fraud
Many small business owners and entrepreneurs run into fraud and don’t know how to deal with it. One of the most common issues that can lead to fraud is “verbal agreements” between partners, colleagues, and clients. Frankly speaking, a verbal agreement is not enough for making a deal and we cannot prevent a fraud, in...
5 Important Things To Consider Before You Do Business With Your Friends.
As an entrepreneur, I have run into times when my friends and family members have expressed interest in my work and have wanted to work with me as a partner, a provider or an employee. While I love my friends and family very much, I always doubt if doing business with them would be a...