Why Do I Need an Employment Contract for My Startup Team?" ๐ฅ๐ผ #EmploymentContractsIndia #StartupHiring #LegalEmployment #EmployeeProtection #IndianLabourLaws #StartupLegalBasics #FoundersGuide #WorkplaceSecurity ๐งโ๐ป๐งโโ๏ธ Founder: โWeโre all good friends. Canโt we just shake hands?โ Lawyer: โWell, a handshake doesnโt cover non-compete clauses or termination terms, does it?โ ๐
๐ฅ ๐ The Power of an Employment Contract An employment contract is your legal safety net . Without it, youโre leaving your business open to misunderstandings , disputes , and liabilities . ๐ From your employeeโs salary to their exit terms, itโs all legally defined and protected in a solid contract. ๐ Key components: โ Job role and responsibilities โ Compensation, benefits, and bonuses โ Working hours, location, and leave policies โ Non-compete and non-disclosure clauses โ Confidentiality obligations โ Termination conditions #EmployeeRightsIndia #EmploymentContractBasics #StartupHiri...
Can I Run a Business Without Registering a Company in India?โ ๐งโ๐ป๐๏ธ๐ฆ Client Question of the Day: "Sir, Iโm running an Instagram business selling handmade candles. Do I have to register a company? Or can I stay solo and low-key?" ๐ฏ๏ธ๐ฒ๐
๐ฅ Top Keywords : Business Without Registration India, Sole Proprietorship India, Company Registration Law, MSME Registration, Startup India Compliance #UnregisteredBusinessIndia #SoleProprietorship #StartupIndia #CompanyLawIndia #BusinessRegistrationIndia #LegalBusinessTips ๐ก Answer : Yes, you can run a business without registering a company โ but should you? ๐ค Letโs break it down: ๐น Sole Proprietorship โ You donโt need to register a Pvt Ltd or LLP to start selling online. All you need is a PAN card, GST (if applicable), and a bank account. ๐ณ But hereโs the catch: YOU = BUSINESS , meaning you bear all liability personally ๐ฌ ๐น No legal separation โ If someone sues your business, theyโre suing you ๐งพ๐จโโ๏ธ ๐น Limit...