Your webapp/site needs to have a strong and user friendly Terms Of Services. Some of the things that a TOS covers are: 1. License to us website, 2. Acceptable use, 3. Terms & Conditions, 4. Restriction (e.g. age, gender etc) etc.
The key to smoothly letting go of an employee is to start right in the beginning when you are hiring someone. Make sure that a proper offer letter is drafted & terms are clearly defined while hiring.
Equity sharing with employees is proving to be a great tool for both employers & employees. In this episode of eLagaan Whiteboard Friday, the eLagaan team explains details about ESOP (Employee Stock Options Plans), also commonly know as stock options…
The video talks about the advantages of registering a Pvt. Ltd. Company can be a huge advantage over a sole proprietorship, general partnership or LLP. It talks about its limited liability, flexibility as well as broader brand recognition as some of the advantages.
You know when you can terminate the contract, but what exactly happens after termination of contract? Do any obligations of either party survive? What about the obligation to maintain confidentiality or to not solicit employees of the other party?
What happens to payment for unfinished works or possession of products which have already been imported for delivery? What happens to any third-party contracts that one party has entered into in reliance of the contract which is now being terminated?
Once you have hired your 1st employee, you need to start paying the employee a Salary or start their payroll. In this episode of eLagaan Whiteboard Friday, the eLagaan team explains what does it take to run a successful payroll management system in India.
So you have decided to run a software services/product or SAAS based company, but what does it take to run such a company?
Hiring an employee is an exciting thing but before you go out and do so you should be aware of various legal requirement that you need to comply to.
Are you providing your products or services to a related company or customer? he video goes over who are these related companies e.g. your branch or subsidiary (locally or internationally) or if you are subsidiary of a international company (USA, Uk, etc). Or you have two companies who have common share holder or officers. The same thing also goes with related customers.