LEGAL ARTICLES

Before you sign that contract, read this!!!

Before you sign that contract, read this!!!

FOUR ESSENTIAL THINGS TO DO BEFORE SIGNING THAT CONTRACT. Do you know that executing a contract without proper understanding of its contents can be a costly mistake? In other not to get legally burnt, these are four essential things to consider before signing a...

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HOW TO SET A SOLID LEGAL FOUNDATION FOR YOUR BUSINESS

HOW TO SET A SOLID LEGAL FOUNDATION FOR YOUR BUSINESS

Countless times, I have seen business owners co-founding a business with their family members, friends, or religious associates without clearly defining the legal rights and obligations of co-founders and stakeholders at the early stage. A friend once told me that he...

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HOW TO MAKE YOUR BUSINESS A BLESSING

HOW TO MAKE YOUR BUSINESS A BLESSING. A particular scholar once said, ‘A prospering business is a blessing to its owner’. Every business owner desires that his/her business turns a blessing. One way to ensure it turns to a blessing is being conscious of the business...

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WHAT HAPPENS IF I SIGN A CONTTRACT WITHOUT READING IT?

WHAT HAPPENS IF I SIGN A CONTTRACT WITHOUT READING IT?

WHAT HAPPENS IF I SIGNED A CONTRACT WITHOUT READING IT? A friend told me about a contract he signed without taking enough time to read and understand his rights and obligations. The other party finally brought up some hidden terms in the contract that she never...

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DON’T DESTROY YOUR RELATIONSHIP

DON’T DESTROY YOUR RELATIONSHIP

DON’T DESTROY THE RELATIONSHIP The need to ensure proper legal documentation in all business transactions cannot be over emphasized. It is the best way to avoid unnecessary controversies which could ruin a good relationship and destroy your business.It is always easy...

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LEGAL PITFALLS EVERY BUSINESS OWNER MUST AVOID

LEGAL PITFALLS EVERY BUSINESS OWNER MUST AVOID

LEGAL PITFALLS YOU SHOULD AVOID IN BUSINESS. It is a known fact that running a business is not easy mainly because of the risk factors involved in it. Every business, big or small, faces risks.Every entrepreneur is expected to have a business lawyer that will guide...

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Can my 10 year old be a director in my company?

Can my 10 year old be a director in my company?

A prospective client just called to ask me if his 10 year old can be a director in his company. Let’s get this clearly; before one can be appointed as a director of a Nigerian, he/she must be according to the Companies and Allied Matter Act {CAMA} eligible for the...

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