Is It Written?
Aug 25, 2022 1:01 pm
What you say you forget easily but what you pen down on paper you will always remember.
There are several types of Contracts and Agreements that regulate your relationship with your partners, clients, employees, or investors.
The success or failure of your business depends largely on the agreements that you execute or fail to execute.
With different people come the need for different types of agreements.
So, whatever you do in your business make sure that you draw up at least two out of these agreements to suit your particular need...
Your business growth depends on them.
As you transact, here are some agreements to have in mind…
1. Partnership or Co-Founders Agreement.
2. Non Disclosure/ Confidentiality Agreement.
3. Exclusivity Agreement
4. Loan Agreement
5: Non-Compete Agreement
6. Contract of Employment
7. Buy Back or Repurchase Agreement.
8 Indemnity Agreement.
9. Memorandum of Understanding ( MOU )
10. Pre Incorporation Contracts.
My Legal Advice for the day:
If you do not want to forget what you agreed Orally put it down in writing!
And Have your lawyer on the table while at it.