What’s the best company structure for your venture? For Profit or Not-For-Profit?
When you start a business, the first thing you might consider is the structure of your business. The answer is quite simple if you are looking to make profits, you set up a private limited company, ensure your liabilities are separate from that of the business, and move forward. But wait …….. What if you […]
Startup Fundraising- Convertible Notes, SAFEs , are they really safe to use in Sri Lanka?
In the world of fundraising, traditional methods often involve protracted negotiations, extensive legal due diligence, and a time-consuming process that can span weeks or even months. While this approach may be suitable for established corporations with longer planning horizons, startups operate on a different timeline. For startups, securing timely funding is critical to transforming their […]
Share Issue V Share Transfer and Implications – What Founders Need to Know
By Rushda Niyas What’s a share? Having shares in a company means that you have an ownership stake in that company in proportion to your shares. Shares can be issued to founders, investors, employees, or even the general public. They are a way for individuals to have a stake in the company’s success and share […]
10 Essential Reasons why Contracts are Vital for Startup Success
By Rushda Niyas and Deenah Mahroof Contracts are crucial for businesses of all sizes. They serve as a fundamental tool for establishing new relationships, expanding existing ones, and facilitating successful deals. Contracts go beyond just formalizing agreements. They serve various purposes and can provide significant value to a startup when managed effectively. In this article, […]
Data Privacy – How to Stay Compliant in A Rapidly Evolving Landscape
By Rushda Niyas and Deenah Mahroof As a business owner, it’s important to understand the importance of data privacy for your company. With the increasing use of technology and the collection of personal data, protecting sensitive information has become more crucial than ever. In this blog post, we’ll be discussing the basics of data privacy […]
