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How To Negotiate with Vendors, Partners And Employees

YoungUpstarts

Even so, it’s difficult (and perhaps impossible) to operate a small business or startup and not negotiate agreements with employees, vendors, customers, and others. You’re probably most comfortable with your own employees and team – and you probably already know that how they perform is influenced by their perception.

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Business Prenup: What To Do Before You Start A Company With A Partner

YoungUpstarts

Here are a few tips to ensure that you and your partners start out on the right foot. Think about your employee and ownership hats. Consider regular face-to-face meetings with prospective partners, so you can gauge body language and “listen between the lines.” Congratulations! Hire professionals. Ask tough questions.

Partner 203
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Primary Problems with Enforcing Non-Compete Agreements

YoungUpstarts

by Yasir Billoo, partner at Golden & Grimes LLP. Businesses often require employees to sign non-compete agreements to protect their business interests. However, just because an employee has signed a non-compete agreement does not make the agreement valid under the law. Non-Compete Time Period.

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7 Keys To Strategic Partnerships That Profit Everyone

Startup Professionals Musings

Always start with a formal proposal, limited in scope to a specific common objective or technology, for a limited amount of time, bounded by a two-way non-disclosure statement. Every startup has a core competency which should not be shared. Typically, there are market opportunities that neither of your core competencies can win alone.

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How Remote Startups are Changing the Game for Everyone

ReadWriteStart

All of these businesses had to roll back their remote work policies and call employees back on-premises. Although there are many collaboration tools (like Slack and Trello) available, they do have a learning curve that can be hard for non-technical folks. Unhealthy Employee Morale. Remote work is not one long vacation.

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5 New Venture Mistakes That Can Cost You The Business

Startup Professionals Musings

Early partners or co-founders often drop out of the picture early due to disagreements, and you forget about them, but they don’t forget about the verbal or email promises you made. Later, when your venture is trying to close on financing, or even going public, that forgotten partner surfaces, demanding their original share.

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7 Ways Getting In Bed With The Enemy Can Be Win-Win

Startup Professionals Musings

Always start with a formal proposal, limited in scope to a specific common objective or technology, for a limited amount of time, bounded by a two-way non-disclosure statement. Every startup has a core competency which should not be shared. Typically, there are market opportunities that neither of your core competencies can win alone.