Entrepreneurs are known to gamble with calculated risks as a recipe to success. Startups are a playground for entrepreneurs to showcase their bubbling skills and risk-taking abilities to the world. But one should ensure that they don’t end up in legal trouble by missing out on any of the important legal documents that are required by every new startup.
Every business owns some sort of Intellectual Property. The IP of a business is sometimes its most important asset. It is important that business owners ensure they are protected. When should Business Owners Protect their Idea? Protect early. Protect creatively. Once you are ready to implement a product/service idea (Incorporate, obtain licenses and permits, collaborate … Read more How to Protect your Intellectual Property.
Setting up an offshore company is an essential step if you are looking to internationalize your business. This is even more important if political unrest, inflation or hyperinflation are getting in the way of your business idea. An offshore company helps you insulate your business from political turmoil in your home country. Offshore companies offer … Read more How to Start an Offshore Company and move your Business Overseas.
We have created an EASY-TO-USE checklist to guide Aspiring Entrepreneurs who want to start a new Business. This guide would take you from Idea to Market in 10 steps. Write a Business Plan You can choose between using a regular business plan template available online and engaging a professional to do a tailor-made business plan … Read more Startup Checklist
Getting an investor to finance your business idea can be challenging, and to a large extent, that first meeting will determine whether you get the funds or not. Nonetheless, the prep work you do before your first investor meeting can set you up for success and make it easier for the investor to back your … Read more 5 Essential Steps to Take before Sourcing Investment
Incorporating your business as a LTD is an important step for business owners which will set you apart from your competition. The primary difference between a Limited Liability Company (LTD) and a Sole Proprietorship (Business Name) is that you receive some liability protection by incorporating as a LTD. This is fundamental for business owners who … Read more Starting a Business: Limited Liability Company vs. Sole Proprietorship
If you are looking to break into ecommerce, dropshipping can be an ideal way to break into the trillion dollar market. Most dropshippers start out with limited cash as they are looking to try their hand at a low-risk venture prior to moving on to bigger markets and original companies. Over-saturated markets, inventory, logistics issues … Read more Essential Tips for Starting a Dropshipping Business.
Whether it is a recession or inflation, small businesses are particularly vulnerable as they often don’t have the reserves to help them weather difficult financial times. As the saying goes, the best time to borrow money is when you don’t need it – when things are going well. There is an iota of truth to … Read more How to Prepare your Business for Difficult Financial Times