Monday, April 14, 2008
Start Right at Start Up
The best time to avoid later problems is before the dispute occurs. For the entreprenuer, this means at the beginning. Written Assignments, Shareholder Agreements, Work for Hire Agreements, Non-disclosure Agreements, and Noncompetition Agreements, among others, are frequently desired after the fact. Putting these in place at the beginning of a business or a relationship let's everyone start on the same page, lessening the chance of a later misunderstanding. Good fences make good neighbors, and good contracts make good business.