Part 2 Know Your Rights Common Legal Mistakes That Can Hurt Your Business episode artwork

EPISODE · Aug 26, 2026 · 8 MIN

Part 2 Know Your Rights Common Legal Mistakes That Can Hurt Your Business

from Business Pinoy Podcast with Mommy Negosyo · host Myrna "Mommy Negosyo" Tam-Natividad

Turn your dreams into reality with the FREE Business Breakthrough Starter Kit—available now at mommynegosyo.com!In this episode, we talk about the top three common legal mistakes business owners make, especially when they are just getting started. We discuss why having no written agreement can create problems, even when there is trust between the people involved. We also discuss improper business registration and why choosing the easiest or cheapest option may come with risks. Many owners start as a sole proprietorship without fully understanding that their personal and business assets are not legally separate. We also look at why compliance should not be treated as something to deal with later. Building a business is not only about making money. It is also about protecting what you are building along the way. Join us to learn what business owners should think about early so they can avoid common legal mistakes, protect their business, and build on a stronger foundation. Tune in now!Highlights of the episode:- The most common legal mistakes new business owners make : Learn which legal areas are often missed when starting a business and why they matter. - Why written agreements are important even when there is trust : Understand how putting things in writing can give everyone more clarity and avoid confusion later. - How clear roles can protect business relationships : See why everyone involved should understand their responsibilities and what is expected from them. - Why choosing the right business registration matters : Learn how your business structure can affect both your business and your personal assets. Who is Mommy Negosyo?Myrna “Mommy Negosyo” Tam-Natividad is the first-ever Female Entrepreneur of the Year Awardee of the Department of Trade and Industry in Zamboanga City for 2017 and the prime developer of Grow Your Business, Pinoy! Roadmap® (GYBP! Roadmap®). She was also chosen as one of the 100 Most Influential Filipinas in 2018 by the Global Association of Women called Filipina Women's Network based in the US.Empowering 10,000 Pinays like you to become successful business builders!Connect with Mommy Negosyo:Instagram – https://instagram.com/MommyNegosyoFacebook – https://www.facebook.com/YourMommyNegosyo/Purpose Driven Business Builder Facebook Group – https://www.facebook.com/groups/purposedrivenbusinessbuildersGrow Your Business Pinoy Facebook Group – https://www.facebook.com/groups/GYBPMovementYouTube – https://www.youtube.com/c/MommyNegosyoTikTok – https://www.tiktok.com/@mommynegosyo#MommyNegosyo #businesstips #PinoyBusinessMentor #businesshacks #StartABusiness #NegosyongPinoy

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Part 2 Know Your Rights Common Legal Mistakes That Can Hurt Your Business

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