by Nik Erman | Mar 8, 2023 | Business, Contracts, Featured, Law
A sweat equity clause in a shareholders’ agreement is a provision that allows a shareholder to earn equity in a company through their labor or services, rather than by purchasing shares outright. It is commonly used in startup companies, where founders may not...
by Nik Erman | Feb 14, 2023 | Business, Contracts, Featured, Law
When giving shares to an employee, it’s important to have a clear and comprehensive shareholders agreement in place that outlines the terms and conditions of the arrangement. Here are some of the key clauses to consider including in the agreement: 1....
by Nik Erman | Feb 13, 2023 | Business, Contracts, Featured, Law
A lot of businesses see lawyers as additional and unnecessary costs; most choose to look for lawyers only when there is a problem. This view is dangerous and poses serious risks to your business. A successful & sustainable business incorporates and invest in legal...
by Nik Erman | Jan 31, 2023 | Business, Contracts, Featured, Law
A shareholders agreement is a legal document that outlines the rights, responsibilities, and obligations of shareholders in a company. While it is often associated with larger corporations, it is also essential for family businesses. Here’s why: Protects the...
by Nik Erman | Jan 31, 2023 | Business, Featured, Law
Family businesses play a vital role in the economy and provide employment to millions of people around the world. However, running a family business comes with its own set of unique challenges and complexities. That’s why seeking legal advice is essential for...
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