Important Legal Documents to have in Any Organization
Leadership Essentials
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| Module 1 | Leadership Essentials | |
| Unit 1 | Leadership Essentials Pretest | |
| Unit 2 | Setting a Business Strategy | |
| Unit 3 | Developing your Next Innovation | |
| Unit 4 | Leadership Skills Everyone should Follow | |
| Unit 5 | Building the Right Team | |
| Unit 6 | Launching a Marketing Campaign | |
| Unit 7 | Sales Skills that Everyone should Learn | |
| Unit 8 | Emotional Intelligence – Daniel Goleman Model | |
| Unit 9 | Important Legal Documents to have in Any Organization | |
| Unit 10 | Important Financial Reports to have in Any Organization | |
| Unit 11 | Successful Project Management | |
| Unit 12 | Operations- ICT Environment | |
| Unit 13 | Talking to Funders | |
| Unit 14 | Leadership Essentials Posttest |
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Hi, In this video you will learn about important legal documents that should be drafted in any organization.
Legal documents allow you to operate and help protect your business and the investments that you have made in it.
Five Important legal documents to have available are:
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The incorporation documents which provide you with a license to operate in a country
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An employment contract that you have employees sign as they join your company. This can include a probation period followed by a full time employment period
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A mutual Non-Disclosure Agreement or NDA which protects confidential information that you are providing others or others are providing you
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A sales contractthat includes the general terms and conditions that are associated with the sales of your products or service including payment terms
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A trademark that protects your brand and name from being used by others
Have these contracts ready as your conduct your daily business since it’s better to be safe than sorry!
A startup has just launched their delivery business using a very catchy name and is picking up clients at a very fast pace. As the company grows and wants to expand into another city in the country, they realize that another company has just launched a similar business with a very similar name and is using the success of the original company to get clients.
As the original startup seeks legal support, they find that since they didn’t protect their name through a trademark, there is not much that they can do about stopping the copycat business. They then have to resort to coming up with a new name that they register from the beginning.
It is an immutable law in business that words are words, explanations are explanations, promises are promises-but only performance is reality. Harold S. Geneen