Bartering has been around for many thousands of years. It still has a place in the modern world, particularly during these cash constrained times.
Increasingly, noncompetition agreements (“noncompetes”) are being scrutinized by state legislatures. Many firms are looking to NDAs as an alternative.
When is a test run not a test run? When cash-strapped or inexperienced entrepreneurs are involved. Plan properly, avoid these common pilot production run errors.
Many startups thoroughly qualify their contract manufacturers, then take them for granted. Without continued vigilance and oversight disaster can follow.
Often, Founders have unstated, grandiose, long term goals for their businesses. These dreams can sometimes conflict with critical, short term strategic decisions.
Entrepreneurs are, by definition, not followers. They make their own paths. Nonetheless, they should should always seek out professional legal advice.