Five Types of Contracts Every Startup Needs

Wazzup Pilipinas?!

A contract is a written agreement between two or parties that legally binds them to defined terms and conditions. The professional world functions on written contracts to avoid frauds and protect their businesses. New companies usually ignore these things and end up paying a huge price.

It’s no longer an expensive or time-consuming task to draft a contract. There are certain platforms that create contracts for you digitally so that you don’t have to worry about the legal aspects of running your business such as Upwork for instance. When I first started freelancing as an SEO analyst on Upwork, I would simply digitally accept an offer shared by a client, and rest assured that the standard contract that the platform offered was fair enough to protect both parties.

If you need to create contracts from scratch though for your startup or small business, you can easily find contract templates and get them signed online. Below I have shared five contracts that every startup needs.

Contracts for New Clients

You will always be attracting and working with new clients for the growth of your business. You won’t always find nice and professional people who would value your services and pay what is your right. There are many unprofessional businessmen out there who don’t give any value to ethics. Prepare a contract for all your new clients before starting any work with them. You should write all terms and conditions, durations, and payment schedules in this agreement and have them sign it.

Contracts for New Projects

Even with existing clients you should use a contract before starting any new project. The document should contain details of the project and how the parties will pursue it. You can make just one agreement that is automatically implemented on all future projects, but that is likely to have many loopholes in it. This practice provides more flexibility on terms and conditions of each new project.

Employment Contracts

Many startups hire employees without signing any contracts with them. It is important for the protection of both employees and the company. You won’t be able to take any legal actions against unethical actions of an employee if you don’t have any written proof that he is your employee. You should write the terms of employment, policies, expectations, and reporting structure in this contract.

Founder’s Agreement

Founder’s agreement is absolutely important if there are more than one stakeholders in the company. You should have current and future agreements in a written format even if you are brothers. This saves you from future disputes and ensures that every partner does his job properly and is rewarded for his efforts and investment.

Non-Disclosure Agreements

NDAs should be separately signed by all your partners, employees, and clients. This agreement focuses on the privacy and protection of the company information and assets. You will discuss many things with inside and outside parties in which you might present your ideas and intellectual property – non-disclosure agreement safeguards them.

Paolo Contis finally breaks silence on his break-up with LJ Reyes, denies Yen Santos is the other woman

Wazzup Pilipinas!?

"In a lengthy post on Facebook, Paolo Contis answered some of the rumors thrown at him after LJ Reyes confirmed their break up, a week ago. Contis said that he had to speak up and say his piece."

"Paolo Contis admitted that a third party had been involved in his separation with long-time partner LJ Reyes.

But he was quick to deny that the other woman was Yen Santos."

Read full statement here:

https://www.facebook.com/273998629382347/posts/4263831210399049/

I've just read Paolo Contis' side of the story. I just have to say that THIRD PARTY, no matter how couples deny it, will always be on top of the reasons why relationships fail. When one cheats, it's trust that is lost right away.

"Wish I could've done better." in one word this is REGRET. 

So many times we take our relationships for granted and we abuse the love given to us. Reaching the point of regret is a good kick in the butt and a deep stab in the heart. You are alive, but dead inside.

On the other hand, LJ did herself a favor. You can't be stuck with a man who makes you feel less. You don't even need him to complete you. I know many single mothers out there and frankly, they are a lot happier. They have more peace of mind.

"I invited Yen for a day para may makausap...she went there [Baguio] as a friend..."

He came to Baguio and called a friend. She responded as a friend.

Cue the music! Hello, Yen of the North, my old friend. I've come to talk with you again. 🎶🎵🎶 

You invited a GIRL tapos you held your hands together, nagsusubuan ng food as spotted by someone. Saka lang nagsalita to si Paolo Contis coz Yen Santos got involved! 

To Paolo Contis: May magagawa pa kaya ang sorry mo?

Honestly, why do people cheat? Why do people hurt the ones who love them unconditionally. Hindi ko maintindihan.

You never laid a finger on them physically. But emotionally, you broke them. All of them. 

Paolo Contis' reaction statement is nothing but a gaslighting to LJ Reyes. Notice how he started it with how he was bashed & disrespected due to LJ's interview? When he can explain stuff without even mentioning it.

It's kinda frustrating how Paolo Contis kept on defending those people involved instead of making apologies to LJ. His statement's goal was not to really ask for forgiveness to LJ but to defend Yen, Lolit, and Cristy. I don't know if it is just me.

As a friend? Baguio? Subuan? Holding hands while walking???

Hindi pa kayo natamaan ng kidlat ni Yen Santos sa subrang ka sweetan sa Baguio? Tanggol pa more, Paolo! Yawa!

Naging marupok? Gasgas na linya na yan sa pelikula...

Wag kami, kahit gaano pa kahaba ilitanya mo walang maniniwala. Yung friend mo hindi kayang maglakad ng hindi naka angkla sa iyo?

Hindi maloloko ni Paolo at Yen ang tao, kahit anong posts nila, I will not watch their movies anymore.

Huwag siya mag-explain sa public, Magsorry siya sa anak nya. More than the ire of LJ, dapat naisip rin niya ang galit ni Summer. Tingnan ko lang kung kayanin niya yun.

Just say you're abusive and go. Tangina nyo pa rin ni Yen Santos.

Sobrang baho ng alibi!!! Pakboy na pakboy. Feeling ni Yen siguro ay seseryosohin siya. Dalawang babae na inanakan pero iniwan pa rin. Feeling niya siguro ay exempted siya.

Ew BASURA. Let’s stop making this TRASH relevant. Ew.

You know what, as much as I hate cheating men, women who allow themselves to be sidechicks are the worst breed. Paolo Contis and Yen Santos can go.

Real men cannot be stolen and decent women do not steal. LJ Reyes will get through this stronger. You can’t put a good woman down.

And please lang ha, tigil tigilan na sana nitong mga cheaters na ‘to yung “outgrow” excuses. Coward men use the “outgrow” card to justify their ways of cheating.

Tamang tama si Mareng LJ Reyes sa part na she is in God’s loving hands. She was saved. Thank God!!

Praying For LJ Reyes. Kung kinaya niya yung kay Paulo Avelino, this time tiwala ako na mas kakayanin niya yung nangyari sa kanila ni Paolo Contis. LJ Reyes deserves everything she needs to be strong for her children.

FDCP to Host PH Film Industry Gala Night and Elwood Perez Retrospective Online

Wazzup Pilipinas!?

The Film Development Council of the Philippines (FDCP) will be postponing its onsite events for the Philippine Film Industry Gala Night and Elwood Perez Retrospective until further notice. Originally set to take place in the Manila Metropolitan Theatre in partnership with the National Commission for Culture and the Arts (NCCA), these events, as announced by the FDCP in its Press Conference last August 26, 2021, will be deferred to a later date in light of the rising Covid-19 cases in Metro Manila.

In the meantime, the Agency announced that it will still be holding the “Philippine Film Industry Month Gala Night” and “50 Years / 50 Films: An Elwood Perez Film Retrospective Gala Night” at its FDCP Channel online platform on September 12 and September 25, 2021, respectively.

The Gala Night on September 12 will be a celebration of our film heritage and the journey of Philippine Cinema and will be streamed at 6:00 PM at the FDCP Channel. It will be hosted by Miss Kakki Teodoro and will feature a performance by acclaimed artists Isay Alvarez and  Robert Seña. It will be followed by a special premiere screening of the newly restored film “Dalagang Ilocana” directed by Olive la Torre. The film was produced by Sampaguita Pictures and stars Gloria Romero, Ric Rodrigo and the King of Comedy, Dolphy. It was initially digitized by the Korean Film Archive and was restored by FDCP through the Central Digital Lab last year.

Then, on September 25, FDCP will be honoring one of the last living masters of his generation with the “50 Years / 50 Films: An Elwood Perez Film Retrospective Gala Night”. As a tribute to his legacy and his most seminal works, the Gala Night will launch El Maestro’s retrospective will feature a performance by The Company, hosted by Miss Kakki Teodoro and will be followed by a screening of Esoterika Manila. Fans and audiences can catch the retrospective screenings of his films at the FDCP Channel from September 25-30 which includes titles like Nakawin natin ang Bawat Sandali; Masarap, Masakit ang Umibig (Sampaguita Pictures); Ibulong mo sa Diyos; Bilangin ang Bituin sa Langit (Regal Films) and also some of the lost films of Director Elwood such as Inday Garutay.

“As we prioritize the health and safety of our community at this time, FDCP is still honored to hold these very important events in honor of our film heritage this month in our online platform, the FDCP Channel, where it will be more accessible for our audiences and guests. When the time is right, we still aim to hold an onsite activity at The Met and look forward to everyone coming together for a Philippine Cinema celebration”, said FDCP Chairperson Liza Diño.

Everyone can sign up for free at the FDCP Channel to catch the Agency’s online events as well as the free screenings featured for September. The Philippine Film Industry Month is presented by the FDCP from September 1-30, 2021 pursuant to Proclamation 1085, s. 2021.

Cover photo features Dolphy and Gloria Romero in “Dalagang Ilocana”

 

 

Film Development Council of the Philippines

Media Relations Unit

ADDRESS 855 T.M. Kalaw Street, Ermita, Manila, Philippines 1000

PHONE +63 2 82569958 loc. 100

E-MAIL mediadesk@fdcp.ph

WEB https://www.fdcp.ph/