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To conserve cash and operate as cost-efficiently as possible, many startups and SMEs will try to grow their teams by engaging independent contractors, interns and other unpaid workers. Although these alternatives may seem appealing, employers do not have unlimited freedom to choose how they fill vacancies. Any individual who is essentially performing the work of
The Intellectual Property Department granted the first ever original grant patent (OGP) on 4th June 2021, within 14 months after the date of filing of the original patent application by the applicant. The OGP was introduced as part of the patent system reform in 2019 to provide inventors an additional route to obtain standard patent
Crossover is a peculiar Hongkie term to describe “collaboration” merchandises co-designed, manufactured and marketed by two established brands only for a particular season and in a limited number of production rendering such items rare, iconic and sought after in the market, such as a Supreme x Louis Vuitton Monogram Box Logo Hoodie (Farfetch market value
2020 was a year of turmoil, with the outbreak of COVID-19 in late 2019 and early 2020, global economy experienced the biggest slowdown in recent decades. Despite the economic downturn and the poor market sentiment, the Hong Kong IPO market saw an increase in the total IPO funds raised in 2020 by more than 26%
Creating something new is almost always a labour of love and the result of hours of hard work. It can be immensely frustrating if another product, just like yours, beats you to market. Is it a coincidence? Perhaps not. The stealing of property is not confined to the robbing of physical equipment and the like, your
A contract is an official written or a spoken promise two or more parties pledge to each other. Each of the parties agree to perform particular actions or deliver certain items. In the case when one or more parties fail to fulfil their promises, they are accused of a breach of contract. It can include one
It is never easy helping with difficult customers. However, if we handle each difficult situation correctly, we can turn difficult customers into our biggest allies. Great customer service will enhance your reputation and develop brand loyalty. Bad customer service will impact your brand’s reputation. Other words, if you want brand loyalty, your business needs good
We know that you’re busy developing your MVP and growing your business but we need to talk about your website and specifically, your Terms of Use (sometimes referred to as Terms & Conditions or Terms of Service and abbreviated as “ToU” or “ToUs”). We need to talk about them because the risks associated with operating
It is safe to say that frequent internet users, and no doubt the millennials, will have heard of the names “Kickstarter”, “Indiegogo”, “Welend” and the like. But how many of them have heard of the term “crowdfunding”, which is essentially what these online platforms do, and know exactly what it is? Crowdfunding, on a high
There have been countless articles posted about Passion, Purpose and Persistence and why they are important traits for successful businesses. As always, there are no…