Friday, September 17, 2021
According to statistics collected by startup publication Failory, 9 out of 10 startups fail, with 10% of them failing in the first year alone. When it comes to launching or managing a startup, even the slightest errors can put the company at risk. Unfortunately, there are still several common legal mistakes that some startup founders
Internal disputes should be ideally dealt with in the most discreet manner. This is to avoid creating unnecessary disruptions in the workplace. Businesses can look into alternative dispute resolution to dodge litigation expenses while preventing the release of sensitive information externally. One type of alternative dispute resolution is arbitration. What is Arbitration? Arbitration is an alternative
Business partners share capital, resources, skills, and time. Many successful businesses have started because of partnerships. Facebook is a popular company born out of the skills and investments of Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes. Though they have different levels of contributions to the platform, only Zuckerberg remains to be
Family businesses are more than work. They are a part of a tradition. For some, leading a family business can mean a rite of passage to an heir. When talking about family businesses, people look up to the first-generation business founders with respect. Yet, it is inevitable that they will somehow pass the baton to
The COVID-19 situation may have shown people more problems than they can handle, but the challenge remains the same for businesses if only magnified. Aside from the obvious struggle of staying in operation, they should still find an answer to the question of providing a solution. Businesses start out with a product or service that
The COVID-19 pandemic has been creating health and financial problems for small enterprises like yours for almost a year now. According to a study published in the Journal of Economics & Management Strategy, the number of active business owners in the US dropped by 22 percent during the fever pitch of the pandemic from February
One of the most important and exciting things about starting a business is figuring out your branding. You think of a name, tagline and hire a graphic designer to create a logo for your company. Of course, you can’t forget the all-important mission, vision, goals and objectives that reel in customers and investors. Risk Management
Work is essential. There is no other way to describe it. People must live a life full of financial obligations. Need to seek shelter? Buy
Most people won’t believe that something bad can happen to them until it does, and by then, it would be too late to prepare for
Healthcare is an important industry in the US. It garners trillions of dollars in revenue every year by serving the populace. However, oftentimes we find