When founders think about raising money, their minds usually jump to pitch decks, valuations, and networking with investors. But one area that often gets overlooked—until it becomes a dealbreaker—is the legal foundation of the business. Investors aren’t just buying into your idea; they’re buying into a company they believe is structured, secure, and ready to […]
Workplace health and safety are paramount for ensuring the well-being of employees and fostering a productive work environment. In Nigeria, there is a strong legal framework which recognises and mandates workplace health and safety. It is imperative that employees in Nigeria understand and know that their health and safety are not only important but also […]
Introduction In the rapidly evolving business landscape, startups and established businesses alike face the critical task of building a competent workforce. Whether you’re hiring your first employee or engaging specialized independent contractors, understanding the nuances of employment and contractor agreements is essential. These legal documents not only formalize the working relationship but also protect your […]
In a critical call to action, Nigeria’s Attorney-General, Lateef Fagbemi, has urged for an overhaul of the country’s labour laws to address the growing economic crisis and industrial unrest. This proposed reform will likely impact businesses of all sizes, including small businesses and startups. Here’s what it means for small enterprises and how they can […]
Salary, Wages, and the Law Understanding the intricate relationship between salary, wages, and the law is crucial for employers to ensure compliance and foster a fair workplace. This blog post will delve into the essential aspects that employers need to be aware of regarding compensation and legal requirements. 1. Minimum Wage Laws One of the […]
Termination of Contracts: Claims and Damages In the complex world of business and employment, contracts form the backbone of professional relationships. They outline the duties, obligations, and expectations of each party involved, creating a legally binding framework that ensures fairness and clarity. However, one party may abruptly terminate a contract without just cause, leading to […]
Starting a new business is an exciting venture, but it also comes with the responsibility of understanding and complying with employment laws in the UK. This guide provides a basic overview of key employment law aspects that every startup should know, including hiring practices, employment contracts, and managing employee disputes. Hiring Practices 1. Recruitment Process:The […]
