Articles about Entrepreneurship
Practical legal information for entrepreneurs. Read what to look out for, which steps are sensible, and when legal advice is necessary.
What is chain liability and how do you manage the risk?
Entrepreneurship
September 28, 2021
Chain liability (Chain Liability Act, Wka) makes a contractor liable for payroll taxes failed to be remitted by their subcontractor. Through outsourcing, a chain is created in which every link is liable for the payment...
The purchase option: an irrevocable right to buy
Entrepreneurship
September 13, 2021
A purchase option is an irrevocable right to buy something in the future at a predetermined price and conditions. The holder may exercise the right, but is not required to do so...
What is a barter agreement and why do I need it?
Entrepreneurship
August 30, 2021
A barter agreement is a framework agreement in which two organizations record agreements for bartering: they do not pay each other with money, but with products or services (including cryptocurrencies, which are not legal tender...
What is a pledge agreement and why do I need it?
Entrepreneurship
August 24, 2021
A pledge agreement (pledge deed) establishes a right of pledge on goods, so that in the event of default, a creditor is paid from the proceeds of those goods before other creditors. It can be a possessory pledge (the...
My partner wants to help in my business. How do I arrange this?
Entrepreneurship
August 17, 2021
If you wish to have your partner work in your business, there are three main forms: as an employee (with an employment contract and payroll taxes), as a co-owner, or as a voluntarily contributing partner with a disability...
A communicated price is not always final
Entrepreneurship
August 3, 2021
A communicated price is not always fixed. If you mislead the buyer (as with fraudulent software), the court may reduce the price or partially dissolve the purchase. Conversely, in the case of...
Why do I need terms and conditions? 4 good reasons
Entrepreneurship
August 2, 2021
General terms and conditions are not mandatory, but without good terms, you run unnecessary risks. They save you money (for example, through an exclusion clause or retention of title), help you comply with your information obligations,...
What is force majeure and why do I need a force majeure clause?
Entrepreneurship
July 26, 2021
A force majeure clause regulates what happens if you are unable to fulfill an agreement due to force majeure — think of an epidemic, government measures, illness, or natural disasters. With such a clause...
A brainstorming competition cannot take place without a clear agreement
Entrepreneurship
July 22, 2021
If you have your followers come up with a name or slogan (a brainstorming contest), make clear agreements in advance. After all, a hashtag or comment does not count as valid acceptance or as consent for...
Legal tips and points to consider for telephone sales
Entrepreneurship
July 12, 2021
Selling by telephone is permitted, but counts as distance selling: the consumer has a 14-day cooling-off period, and you must clearly inform him of this and his other rights. Recording...