# Hire Efficient & Smart Workforce:

   Synopsis: Hire people only after outlining your requirements and expectations.

          Before you start hiring people for your business, prepare a general outline of your requirements and the expectations you have from your employees. For instance, hiring independent contractors can be cost effective but most of such contractors are involved in multiple projects and hence fall short of deadlines.

# Prepare Non-Disclosure Agreements:

   Synopsis: One good way to save your business is by incorporating non disclosure agreements.

          These agreements are important to protect your business from leakages and rumors especially from people who are involved in the core operations and who can leak the critical information to clients or your competitors at a later stage.

# Take Precautions in Joint Ventures:

    Synopsis: Best way to keep business relations alive for long.

          While joining hands with other businesses or companies make sure you outlay your expectations, responsibilities and profit share beforehand to avoid these issues at a later stage.