NOT WAY: 6 WAYS TO RECOGNIZE THE BAD BUSINESS PARTNERS
The start of a startup is often a feeling of euphoria and pink glasses. In relation to the business partner, a kind of love arises, together you seem to yourself…

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How to register a company in Singapore?
The answer to the question of how to register a company in Singapore can be both simple and very ornate. In the first case, it will look something like this:…

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NOT WAY: 6 WAYS TO RECOGNIZE THE BAD BUSINESS PARTNERS
The start of a startup is often a feeling of euphoria and pink glasses. In relation to the business partner, a kind of love arises, together you seem to yourself…

Continue reading →

banks and financial organizations

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We include employees in co-owners – how not to harm yourself?

Sooner or later, any business is faced with the need to change its operational manager. The founding owners eventually move away from solving current issues, giving way to hired, young and daring managers. Often, to create additional motivation, this process is accompanied by the allocation of managers stakes in the company.

From the point of view of increasing the involvement and interest of a manager in a business, this is certainly the right step. However, trusting hired directors to resolve operational issues, it is necessary to retain the ability at any time to reverse the transfer of authority and ownership. After all, no one guarantees that having received a share in the business, the new co-owner will not decide to go to work somewhere else.

We show by a real example how the dependence of ownership of shares on the fulfillment of an employee’s labor function in one of our projects was ensured. Important: inclusion in co-owners was due to participation in management. Accordingly, when an employee is dismissed from the company, there must be grounds for depriving him of his share. Continue reading

We fix the agreement of the Founder of the business and a third-party investor

The risks posed by the lack of proper regulation of relations between business owners have been devoted to more than one issue of our newsletter. As well as the methods of legal consolidation of partners ’agreements, ranging from“ direct appointment ”instruments – shareholder agreements and agreements on the exercise of participants’ rights, to the features of certain legal forms (for example, business partnerships) and intricacies in relations between the parent and subsidiary companies. But the further the development of Russian medium-sized business and the legal literacy of its owners goes, the more questions there are.

At the same time, more and more tasks from the category of “how to regulate relations between partners at the start.” As we decided one of them – we show on an example from practice. Continue reading

Royalty payments in a group of companies – to whom and how much

Imagine a common situation: a trademark is registered in the ownership of one company or individual entrepreneur, and another uses it. In other words, it is necessary to formalize the use of a trademark in operating activities. The question arises – how to do this and what risks there are in solving this problem.

Who can pay for what, so that royalties are rightfully taken into account in expenses
Payment for the use of intellectual property (royalties) is a common phenomenon. Continue reading

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Five wallets.
Structural and analytical management method (continued) So, we said that at the start of a business, while the revenue side is still not too large, current expenses usually exceed 20%…

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"Effective credit policy of the enterprise"
Why is there a need for an effective credit policy? Due to the high level of competition in the food market, the situation is such that, in order to increase…

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One hundred thousand letters: how a self-employed copywriter earns money
Julia Shmuklerevich decided that enough was enough for her, and from a bank manager turned into a copywriter. She did not study at any paid courses, but this did not…

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Purchasing link in a group of companies: is it necessary?
At a time when it was impossible to be 100% sure that suppliers were honest, that they would fulfill their tax obligations and not “disappear” by the time of the…

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