Webster defines ‘Contract’ as a binding agreement between two or more persons or parties. We wish it was as simple as it sounds! In real life, contracts can prove to be a minefield of litigation if not drafted right and as you scale up your business, the complexities multiply too! Founder contracts, Employee Contracts, Vendor and Supplier Contract, Investor Contracts and in all of this how to make sure you get Dispute Resolution right. This week on Rules of the Start Up Game, it’s back to school for a class on the Do’s and Don’ts of Contracts!
In this video experts answer various questions from the Indian entrepreneurs on what and how to do around various contracts your startup may have tohave.