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    How to Manage Start up Business: Legal . Purchasing . Negotiating . Pricing . Budgeting . PR
    How to Manage Start up Business: Legal . Purchasing . Negotiating . Pricing . Budgeting . PR
    How to Manage Start up Business: Legal . Purchasing . Negotiating . Pricing . Budgeting . PR
    Ebook79 pages39 minutes

    How to Manage Start up Business: Legal . Purchasing . Negotiating . Pricing . Budgeting . PR

    By Dr Jim Porter

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    About this ebook

    Entrepreneurs Brief Guide - This e-book consists of six “Entrepreneurs Brief Guides”, addressing all you need to know about managing a new start up business. It contains independent and practical advice for entrepreneurs and small to medium sized businesses (SMEs). Designed to help your business achieve its primary objectives of growth and profitability through proper purchasing, negotiating, pricing and preparing budget. This guide is invaluable to any start up company and small business owners.

    LEARN HOW TO: (a) Manage Legal Issues, (b) Purchase, (c) Negotiate, (d) Price Your Products and services, (e) Prepare Your Budget and (f) Manage Your PR.

    LanguageEnglish
    PublisherDr Jim Porter
    Release dateMar 7, 2012
    ISBN9781466098589
    How to Manage Start up Business: Legal . Purchasing . Negotiating . Pricing . Budgeting . PR
    Author

    Dr Jim Porter

    Dr Jim Porter is a chartered engineer, qualified to a PhD level from London University, with more the 25 years business experience. He has worked for several multinational companies in Europe and the USA. His experience stretches from new products development, project management, new business building, profit and loss responsibility, to the creation of several successful joint ventures and acquisitions.Currently, he is a senior executive, responsible for strategy development and growth initiatives, including partnerships and new businesses building. Dr Porter is particularly interested in business incubation, helping entrepreneurs and start up business owners to achieve their personal and business objectives.Dr Porter is the author of several publications, including a book titled “How to bake your business idea and eat it”, and the creator of “Entrepreneurs Brief Guides” series.Dr Porter is a Fellow Member of several professional organizations and institutions in Europe and the USA. He can be contacted on his email TheJimPorter@gmail.com .

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      Book preview

      How to Manage Start up Business - Dr Jim Porter

      How to Manage Start up Business

      Legal . Purchasing . Negotiating . Pricing . Budgeting . PR

      Entrepreneurs Brief Guide – Volume 2.1

      Dr Jim Porter

      This e-book consists of six Entrepreneurs Brief Guides, addressing all you need to know about managing a new start up business. It contains independent and practical advice for entrepreneurs and small to medium sized businesses (SMEs). Designed to help your business achieve its primary objectives of growth and profitability through proper purchasing, negotiating, pricing and preparing budget. This guide is invaluable to any start up company and small business owners.

      LEARN HOW TO:

      Manage Legal Issues

      Purchase

      Negotiate

      Price Your Products and services

      Prepare Your Budget

      Manage Your PR

      Copyright

      How to Manage your Start up Business

      Legal . Purchasing . Negotiating . Pricing . Budgeting . PR

      Dr Jim Porter

      .

      Revision: SW.02.1.001

      Copyright © 2011 – All Rights Reserved.

      Smashwords Edition

      This ebook is licensed for your personal enjoyment only. This ebook may not be re-sold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you’re reading this book and did not purchase it, or it was not purchased for your use only, then please purchase your own copy.

      Thank you for respecting the hard work of this author.

      No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means without the written permission of the author.

      ISBN: 978-1-4660-9858-9

      Publisher: Smashwords, Inc.

      Chapter No.1: How to Manage Legal Issues

      When launching your start up business, you should be aware of certain basic business laws governing your commercial activities of purchase, sale, lease etc. This basic understanding of business law will help you to avoid or face any legal difficulties which you may encounter.

      LEARN HOW TO:

      Recognize when to seek help

      Understand contractual requirements and implications

      Seek the help of a solicitor

      When launching your start up business, you should be aware of certain basic business laws governing your commercial activities of purchase, sale, lease etc. This basic understanding of business law will help you to avoid or face any legal difficulties which you may encounter.

      The business laws will usually cover your contracts (with your customers and suppliers), trading (selling the products to the members of the public and the restrictions applied), employment law and VAT etc. Each business is different and laws are complex and dynamic therefore you should contact a solicitor to find out more about the laws applicable to your situation.

      Recognise when you need legal advice

      Business owners need to seek professional legal advice on the following:

      Setting up a company structure. Irrespective of the business structure you choose; whether it’s self-employment, a partnership or a limited company, make sure the proper legal agreements are drafted.

      Seeking a business premises, particularly when negotiating the terms and conditions of your lease agreement.

      Compliance with regulations, as you need to be aware of current and new regulations that apply to you, some of which may be specific to particular industry sector.

      Contract terms and service levels relating to your business, as you should be aware of your legal responsibilities towards customers and suppliers.

      Protecting your business’s intellectual property and confirming your ownership. Make sure that all intellectual property rights relating to your products or services are protected and that you are not infringing the rights of other businesses.

      Financial matters, particularly the legal implications of raising finance from different sources, for example.

      Debt control and management, as you need to protect your business against bad debts and seek advice on debt collection.

      Acquiring a franchise, as you need to check all the small print with a specialist lawyer.

      Employment law matters.

      Statutory rights

      Although these rights are not written, all contracts have the implied terms.

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