If you’re trying to start a new business, one of the first steps to take is to identify the target audience that you have. These are the individuals that you expect to buy your goods or services. Many businesses fail because business owners do not properly identify...
BUSINESS & COMMERCIAL LAW – Entrepreneurs
What to consider when choosing a legal structure for your business
Choosing the right legal structure for your business is a crucial decision that can have significant implications for your operations, finances and legal responsibilities. There are several options to choose from, and each features potential benefits and drawbacks....
Tips for aspiring entrepreneurs starting their first business
Embarking on the entrepreneurial journey with a start-up business is exciting, but it's laden with challenges and uncertainties. An entrepreneur's mindset is a blend of optimism and realism, passion for their vision, and the practicality to navigate the ups and downs...
Business bank accounts are key to an entrepreneur’s protection
Starting a business means taking on a degree of risk. Entrepreneurs invest both time and money into a business concept. They will often also need to give up outside income while they devote their efforts to their new organization. Not every new business is successful....
2 legal mistakes that startups should avoid
Starting your own company is a brave step that requires careful consideration as well as passion. Sometimes, it’s easy to get caught up in the excitement and neglect certain areas. It’s important to make sure that your new business is insulated legally. Failure to do...
Should you have a general or limited partnership?
There are many challenges to starting a business alone, which is why many people seek partners to ease the workload and share profits. A business partnership can give people more connections, possibilities to reach a wider customer base and practices that only come...