News & Insights

As an entrepreneur, you start a business with only one goal in mind: success. A bright future awaits as the reward for your investment of money and toil. Failure is not an option, and it sure isn’t something you want to spend your precious time thinking about. How can you protect personal assets if your startup fails?

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For most startups and/or small businesses, large sums of cash are not always readily available. Stock options or equity awards are a creative way for companies to incentivize employees or service providers with non-cash compensation. Often, these awards are known as stock option plans, equity incentive plans, or phantom equity. They are provided through a written agreement indicating how many shares the recipient is to receive, and when. Most plans require the recipient to be employed with or providing services to the business for a certain length.

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The proliferation of technology has seen many companies, both startups and developed, take their business online.  While it may be easy to set up an e-commerce platform/website, there are legal requirements that you should observe to remain compliant and in line with internet and data privacy laws.

 Here we highlight a few requirements you should have in mind while starting a website to be on the right side of the law.    

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Before answering the question, “can a verbal agreement be legally binding,” it’s essential to know the basic formula for a valid contract to exist. Additionally, it should be noted that every state has its own law on contracts.

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In the age of technology, many people are still asking, “what is SaaS?” Software as a Service is a cloud-based software distribution model where the software is hosted on the server(s) by the company providing such software (“Service Provider”). What does that mean?

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Rebranding your company or your products is a big decision. You want to put your best foot forward to your customers and provide them with the high-quality product they expect from you. At the same time, you want to ensure that you protect yourself and your brand. Make sure you keep these potential legal challenges in mind when rebranding. 

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