1.Signing a contract without reading and understanding fully what the contract entails.



2.Not consulting a lawyer to interpret the clauses in the contract especially when you don't understand the clauses.



3.Not getting the contract signed by both parties.


4.Not considering how to resolve disputes if the contract fails.


5.Not getting a copy of the signed contract.


6. Dispensing with the need for a written contract because of personal sentiments .


Have you made any of these mistakes before in business?


How did you resolve it?

The first thing you have to do to launch your start up effectively is a business plan. You can learn the market and craft your business plan on your own (find a framework on the Internet). The second thing you badly need is a powerful website (here I'd recommend you to hire a good web designer). To run all legal procedures properly, use help of business lawyers. I personally cooperated with a lawyer here .