article thumbnail

Tips For Hiring An Independent Contractor

YoungUpstarts

It’s easy to find and hire an independent contractor. Any person or business you hire to do work on your behalf, but not as an employee, is an independent contractor. With your scope of work in mind and your decision to hire an independent contractor, it’s time to find the right person for your needs.

Hiring 246
article thumbnail

Are You Making These 5 Legal Mistakes with Your New Hires?

Women Entrepreneurs Can

Of course, businesses everywhere have continued to hire new employees since the pandemic hit, with some individuals forging new careers due to getting laid off in specific industries like hospitality. The trouble is that some of those firms are making potentially catastrophic legal mistakes with their new hires.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Nuts & Bolts of Intellectual Property for New Startups

Gust

Trade secrets in the US are governed by state law , which can vary, but in general, can include anything from clever ways of solving technical or business problems to formulas, algorithms, internal pricing or financial data, or just about any other valuable business information, provided that it’s treated as confidential by the company.

article thumbnail

Key Contracts Every Business Must Use

YoungUpstarts

Set forth below are four areas where businesses should utilize contracts when dealing with third parties: Exchanging Information. A business’s information is its secret sauce. When a business needs to share that information, it is important to protect it from unnecessary disclosure. Intellectual Property.

article thumbnail

Someone Stole My Startup Idea – Part 3: The Best Defense is a Good IP Strategy

Steve Blank

You can protect business processes, know how, customer information, product road map. non-public technology. technology, business information. _. A contract is a binding legal agreement that is enforceable in a court of law. Make sure you have Employee Invention Assignment Agreements. (If the Coke recipe). _.

article thumbnail

Common Legal Issues Startups Should Be Aware Of

YoungUpstarts

However, if you have not yet obtained a patent, it can be all too easy to disclose information about your product or service without even realizing, which can lead to giving your trade secrets away. Not Hiring the Right Legal Representatives. Unfortunately, many start-ups fall short when it comes to hiring legal representation.

article thumbnail

7 Contracts Every Small Business Should Have On Hand

YoungUpstarts

Especially because non-compliance may damage any legal relations between the parties involved. Non-Disclosure Agreements. This business contract binds parties in a specific agreement. An employment agreement is a contract between an employer and an employee. It should occur before the hiring process.