Legal Propulsion Lab
Can you still use equity to reward your key people? The general rule under the Employee Share Option Plan (ESOP) provisions is that people receiving an ESOP interest at a discount must include that discount amount in their assessable income in the year of acquisition. This will be the case unless there is a “real risk of forfeiture” of the interest, and other conditions for deferred taxation are satisfied. I consider the ethos of an Continue Reading
Will your website or product pass the crucial Blink test or will it suffer the cold fate of being ignored and bypassed despite its deeper merits? First impressions really do count and failing to grab attention or to spark interest in those first few seconds can be fatal to a company’s success. In his best-seller, Blink, Malcolm Gladwell outlined the concept of ‘thin-slicing’: how humans use limited information to make spontaneous Continue Reading
Ideas and imagery have an amazing ability to influence our minds. History is studded with examples of the power an image can influence on the human spirit. Millions have fought and died in the name of a flag, religion or monarchy. Thankfully, there are also countless examples of bravery, kindness or endurance that were the outpouring of an intensely held hope, quest or goal. Whether the outcome is positive or negative, there is little doubt Continue Reading
Before we get into how business valuation works, and how you can achieve a higher valuation for your business, there is a simple fact that must engraved in our minds: A business is worth whatever someone is willing to pay for it. Too often we get so caught up in the theory and the process and we forget a sale is about two minds coming together and making a deal. There are ways to increase the value of your business - just as a garden full of Continue Reading
Will your website or product pass the crucial Blink test or will it suffer the cold fate of being ignored and bypassed despite its deeper merits? First impressions really do count and failing to grab attention or to spark interest in those first Continue Reading
Finding the right team for your startup can play a crucial role in the success of your venture. A written employment contract is the best way of protecting the interests of both your and your employees and will establish the terms of the Continue Reading
Could it be possible that modern start-up businesses are less likely to fail than their predecessors? Are the Internet and other digital aids contributing to this trend? Are business conditions improving or is capital more organised and available? Do Continue Reading