Reading Time: 4 minutesStarting from scratch is not the only way to go. Most often, buying an existing company is less risky than setting up your own startup. Buyers can rely on the brand’s goodwill, steady customer base, key managers who are familiar with the business inside out. Buying the right business can make or break you. Buyers […]
Reading Time: 4 minutesCommon Pitfalls and Considerations in Fundraising It is important for a company to raise and maintain sufficient funds to meet day-to-day operational costs, as well as to plan for future growth and development. Funds can be acquired externally, from investors who show an interest in the company and wish to commit to an equity or […]
Reading Time: 4 minutesEnsuring that a company has adequate funds is an important and continuous process, and it is unlikely that one round of fundraising will be sufficient to grow and expand a business sufficiently. As such, many companies will need to carry out multiple rounds of fundraising and each round of investments will be different. Types of […]
Reading Time: 6 minutesThis article is part of Asia Law Network’s partnership with Tech in Asia where we publish articles written by lawyers on their advice for startup founders. Previously, we shared with you some legal advice that startups in e-commerce, sharing economy, and virtual reality need to know. In this article, two professionals share some legal insights (based on Singapore’s legal system) […]
Reading Time: 5 minutesThis article is part of Asia Law Network’s partnership with Tech in Asia where we publish articles written by lawyers on their advice for startup founders. In this article, we asked some professionals for legal advice on starting a business in e-commerce, sharing economy, and virtual reality. Find out the common problems entrepreneurs face in these industries and […]
Reading Time: 8 minutesYou have finally brought fruition to your business idea and decided to start your business. Most people at this juncture will be daunted with a maze of to-dos and must-dos; from being inundated with questions such as, “Which type of structure shall my business take?” to “How do I find out if my business requires […]
Reading Time: 5 minutesThis article is part of Asia Law Network’s partnership with Tech in Asia where we publish articles written by lawyers on their advice for startup founders. For a successful startup journey, it’s crucial to get the foundation right, especially in the ideation and seed stages. If you’re starting a startup in Singapore, here are some legal considerations to […]
Reading Time: 4 minutesThis article is part of Asia Law Network’s partnership with Tech in Asia where we publish articles written by lawyers on their advice for startup founders. At the start, things seem rosy. A few people come together with a brilliant idea to start a business that will change the world or, at the very least, […]
Reading Time: 7 minutesFood – a part of Singapore’s DNA Singaporeans have always had a love affair with food. One of the favourite pastimes of Singaporeans is seeking out and dining at new and exciting establishments. We are home to a plethora of cuisines, with authentic Indian, Chinese, Malaysian, Thai, Indonesian and other South East Asian eateries aplenty. […]
Reading Time: 16 minutesIntroduction So you are a tech startup who want to raise funds. You figure that instead of incurring debt, issuing equity, entering into convertible loan agreements (CLA), you will conduct an initial coin offering (ICO) or digital token sale. Not least because the amounts of money which have been raised by recent ICOs are huge. […]
Reading Time: 5 minutesAn agreement isn’t valid until someone else agrees to it! A contract is needed to enforce the terms of an agreement between two or more parties, and to compel the other party to uphold their end of the bargain. In general, for a contract to be considered legally binding, four key elements should be present: […]
Reading Time: 6 minutesRetrenchment is sadly unavoidable Retrenchment is sadly unavoidable in today’s modern world. Singapore’s economy is constantly in flux: workers are under tremendous pressure to increase productivity and improve their employability by learning useful future skills, while employers must continuously find ways to stay one step ahead of their competitors and/or technological disruption. Even when they […]
