SME Owners, This Is What You Need To Know About Bankruptcy

We’ve talked about dealing with personal bankruptcies - but not much has been written about how bankruptcy affects small businesses. Before we discuss this issue, let us shine the light on the following concepts. What is the difference between bankruptcy and winding up your business? Bankruptcy refers to an individual…

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6 Questions To Ask Yourself Before Filing For Bankruptcy

There’s no such thing as an “easy way out”. Whether you’re a business owner or an individual having issues with debt, filing for bankruptcy is usually regarded as the last resort due to its social stigma and devastating consequences such as difficulties in looking for a job, termination of existing…

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5 Things You Need To Know About Online Content & Copyright

Just as important as protecting your intellectual property rights, online content has its own set of copyrights to be grappled with. These typically revolve around how to protect their own works and how to avoid infringing other people’s work. Here 5 essential points you should know about online content and…

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Why Written Contracts Truly Matter In Business

Many business relationships start with a single transaction. Maybe the first transaction goes well, so both sides decide to rinse and repeat. They continue to trade with each other, compiling their invoices, receipts, delivery orders, and so on. In a dispute, the mountain of documents and correspondence can show that…

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The California Fitness Saga: What We Can Learn From Futures Contracts

In the 17th century, there was a period called the “Dutch Golden Age”. At the height of Tulip Mania, the contract price for bulbs of tulip reached such extraordinary prices that those prices did not reflect the actual value of the bulb of tulip. Despite the high prices, there was…

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