You have a startup business on a Caribbean island. It’s your dream job to run a business and help the local community. Before your cash register starts to fill up, be aware of the legal side of business. You want every protection under the law so that there are no hiccups as you serve residents and tourists alike. Get to know the basics around business law, and your company will soar to the greatest of heights.
Get it All in Writing
Whenever you start and run a business, every partnership must have a written contract put into play. Putting discussion items into writing holds everyone accountable. There’s no question about who is supposed to pay for a particular item or service. Discounts, sales numbers and other details are important to put into writing too. If anyone tries to counter your business’s protocols, hauling out the contract to verify the proper procedure is possible.
Trademarking the Company
A business’s name and products might be trademarked for marketing purposes. If you’re unsure about a particular title, perform a Haiti trademark search when you live and work in this country. In fact, most Caribbean islands have their own databases that are full of trademarked names. Find a name that works for your purposes, and pay for the trademark. If anyone tries to use this title, you have legal rights to stop this violation.
Retaining a Lawyer
Your business may be relatively laid-back, but legal issues can arise over time. Ideally, keep a lawyer on retainer as you go about your workweek. You have an instant contact when legal questions come into play. One phone call is all you need to clarify certain situations. There’s no lost time with research as a retained lawyer remains on call.
Always verify licenses and schooling when it comes to hiring a law professional. The person’s reputation is also a good indicator of their expertise. At the end of the day, you want legal counsel who can support you through any situation. The Caribbean should remain a calm and relaxing place with your legal rights protected by the professionals.