All posts by admin

EntrepreneursStarting & Operating a Business

Five ways to protect your startup from bad debts this new year

New year, new business moves! Welcome to 2019 and to more ground shaking content we will be sharing with you to help you and your startup grow and thrive this year. We hope you have your business goals for the year set, with a killer strategy in place. To start off, here’s a guide to […]...
EntrepreneursOutsourcingStarting & Operating a Business

FOUR THINGS TO CONSIDER BEFORE YOU OUTSOURCE AS A STARTUP

Kunle is a fashion designer and runs a fashion design startup. As the founder, he alone is  in charge of operations, customer service, accounting, and supervision of the tailors he works with.  . Sadly, his case is the popular condition of many startup founders today and this eventually leads to burn-out or an inevitable drop […]...
ContractsCorporate GovernanceIntellectual PropertyStarting & Operating a BusinessTaxation

How to Avoid Getting Sued as a Startup

There are challenges that are common amongst most startups (if not every). These challenges include funding, staffing, getting an office space, scaling profitably, and of course, selling the product or service itself. As a business owner in working your way past these hurdles, one of the things you will want to avoid is a lawsuit. […]...
EntrepreneursStarting & Operating a Business

Six Promising Legal Businesses to Start in Nigeria

So you’re considering launching out to start your own business. However, you’re in a dilemma as you don’t know what business opportunity is promising in Nigeria especially, and which is the right fit for you. Here are six promising legal businesses you can start in Nigeria. Fashion Designing Company As at 2017, the African fashion […]...
DIYlaw Housekeeping

Introducing Project X

Hi! We need your help to bring Project X to fruition! TL:DR We’re working on a new product. It’s a one-stop portal for all your business-support services needs and we’ll like you to be a beta-tester. Please click HERE to sign up. Thank you for being awesome! What is Project X? Something DIYlaw is cooking […]...
Company LawCorporate GovernanceLagos State Laws & RegulationsStarting & Operating a Business

List of Regulatory Bodies in Nigeria that Entrepreneurs Should Know

As a business owner, you probably know that your business is regulated by different laws. Some of these laws govern social and economic matters which may include business income or payroll taxation. Others may be environmental laws, occupational health and safety laws, employment laws, criminal laws, and laws that are specifically related to your industry. […]...
Company LawCorporate GovernanceInvestments & FinancingLitigationStarting & Operating a Business

What Startups Should Know About Hiring A Lawyer

For startup owners, hiring and working with a lawyer is often confusing and almost a herculean task. This can be because they have little knowledge about the legal space and practice, and so do not know what to look out for in a lawyer.   This article will show you things to consider before hiring […]...
Corporate GovernanceStarting & Operating a Business

Converting your Business Name to a Limited Liability Company

2018 is a golden year for the Nigerian businessman. Earlier in the year, we had a major win this year as regards policy, when the Nigerian Senate made history by passing the Companies and Allied Matters Act (Repeal and Re-enactment) Bill which without a doubt is the biggest reform bill in Nigeria in over 28 […]...
Corporate GovernanceFamily LawIntellectual PropertyProperty lawStarting & Operating a Business

The advantages of having a trademark for your business

What’s a trademark, really? A trademark is a word, phrase, symbol, and/or design that identifies and distinguishes the source of the goods of one party from those of others. Business elements that can be trademarked include: business name, logo, slogan, signature, brand name or whatever distinctive mark. Once the trade marks are registered, you will […]...
Ask ZainabInformation TechnologyStarting & Operating a Business

What your business website needs

Dear Zainab, How are you? You have the same name as my first daughter. Funny abi? Anyways, I have a simple question that I need your help with. I started my business in the early 2000s and as such my business didn’t and doesn’t have a website. Many of my friends and employees have been […]...
Company LawCorporate GovernanceInvestments & FinancingLitigationStarting & Operating a Business

Five Reasons Entrepreneurs should love Lawyers

All lawyers are liars! Right, isn’t it? Well at least that’s what we’ve been told and that’s what the movies tell us. We see them make the guilty appear innocent and the innocent appear guilty in the cross-examination box. But, wait a minute. What if that’s just the movies and lawyers aren’t really the ‘scum’ […]...
Corporate GovernanceGuest ColumnistInvestments & Financing
Blank Image

Bound to Blow: My Co-Founder and I want to Protect our Interest in Our Little Startup

You would never really spearhead a company if you did not believe it was bound to grow into something great. And although you have your business plan and that assurance in your heart, most times you’d be disappointed to find that other people cannot see what you see. But it’s okay though… after all, all […]...