Tag: startup

Legal

SNART10 – EMPLOYER LEGAL RIGHTS: WHAT EVERY BUSINESS SHOULD KNOW
In any employment relationship, there is a balance of rights and duties between employees and employers. Knowing what each side is legally entitled to and legally obligated to do not only helps avoid disputes, but also fosters trust, morale, and compliance. Before entering into or managing contracts of employment, business leaders and HR professionals should understand the fundamental legal rights and the obligations of employers. The purpose of this article is to outline those rights and obligations. To ensure that the …
Entrepreneurship

SNART9 – WAYS TO AVOID CONFLICTS OF POWER BETWEEN STARTUP CO-FOUNDERS
Nowadays, Co-founder relationships are not smooth are and subject to tensions, many conflicts can be prevented or at least managed more healthily, if the right foundations are in place. The purpose of this article is to outline the key strategies to avoid conflicts of power between startup co-founders. There are key strategies to prevent conflicts of power from occurring between startup co-founders that will be discussed as follows: 1. Clarify roles, responsibilities, and decision authority One of the most frequent sources of conflict …
Networking

SNART4-PITFALLS TO AVOID WHEN FORMALIZING BUSINESS NETWORKS AND PARTNERSHIPS – BUILDING STRONG FOUNDATIONS
Partnerships and business networks can open doors to new markets, clients, and opportunities but only if built on the right foundations. While collaborations can be powerful, many fail to deliver their intended value because the foundations were not laid carefully or because critical risks were overlooked. While partnerships hold great promise on paper, the small missteps at the start such as unclear goals or poor communication can quickly turn opportunity into conflict. There are five pitfalls to avoid in business networks …