A balanced Investment Agreement: the key to a successful start-up

Payal Chawla An ideal investment agreement is one that enables a start-up investee company to thrive. The key is finding the right balance of rights and obligations between the investor and the promoter. Overly onerous obligations on the promoter can suffocate the freedom, nimbleness, risk-taking ability and ingenuity required by the promoter to make a… Continue reading A balanced Investment Agreement: the key to a successful start-up

If India Inc wants to globalise, it must consider franchising as a serious option

Franchising is a business model that has been effectively leveraged by the West in expansion of business, while splitting the cost and responsibility with the local franchisee. Payal Chawla Franchising is a business model that has been effectively leveraged by the West in expansion of business, while splitting the cost and responsibility with the local… Continue reading If India Inc wants to globalise, it must consider franchising as a serious option

Protections for White Collar Workers

Payal Chawla It is about time that India shows its white-collar workers some tender loving care. Legally, that is. Contrary to popular belief, millions of corporate managers are vulnerable to exploitation and abuse. The reason: there aren’t any labour legislations protecting them. A manager’s legal relationship with the employer is governed largely by his or… Continue reading Protections for White Collar Workers