In today’s fast-paced business environment, resolving disputes efficiently and effectively is crucial for maintaining relationships and minimizing disruptions. Alternative Dispute Resolution (ADR) methods, such as mediation, arbitration, and negotiation, have emerged as preferred solutions to traditional litigation. Here are some reasons to have an ADR Clause in your contract as soon as possible: Encourages Amicable… Continue reading RESOLVING CONFLICTS IN NIGERIA WITHOUT COURTROOM BATTLES – BENEFITS OF THE ADR CLAUSE.
Author: syntaxlp
THE IMPORTANCE OF CONTRACTS FOR ENTERTAINERS, CREATIVES, AND SPORTSMEN.
Photo by James Lewis on Unsplash In industries powered by talent, creativity, and competition, beyond skills and public appeal, contracts are required to ensure sustained success. Therefore, understanding the value of contracts is crucial. What is a Contract and Why Does it Matter? A contract is a legally binding written agreement between two or more… Continue reading THE IMPORTANCE OF CONTRACTS FOR ENTERTAINERS, CREATIVES, AND SPORTSMEN.
ESSENTIAL LEGAL COMPLIANCE TIPS FOR ENTREPRENEURS AND SMALL BUSINESSES IN NIGERIA.
Navigating the legal landscape is crucial for entrepreneurs and small businesses in Nigeria. Staying compliant not only helps you avoid penalties but also fosters business growth and builds credibility. Here are some key compliance tips to guide you on your journey: Register and Incorporate Your Business with the Corporate Affairs Commission (CAC): Under the Companies… Continue reading ESSENTIAL LEGAL COMPLIANCE TIPS FOR ENTREPRENEURS AND SMALL BUSINESSES IN NIGERIA.
RUNNING A ONE-MAN BUSINESS IN NIGERIA ?
If you are running your business alone here in Nigeria, a business name is not your only option. The Companies and Allied Matters Act 2020 allows one person to form and incorporate a private company. The further good news is that the controversy about the applicability of this innovative provision to older companies has been… Continue reading RUNNING A ONE-MAN BUSINESS IN NIGERIA ?
EXPIRED CONTRACTS.
When you have a contract with any person or organisation, it is important to pay attention to the expiry date of such contract.Most times, the contract will also provide for how to renew the contract. If not, you must reach out to the other party to clearly state your intention to continue and ensure this… Continue reading EXPIRED CONTRACTS.
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