Business Law

Anyone can have a business idea, yet few people do something with their idea. One of the main reasons is that starting a business is challenging.   Rushing into starting a business is a mistake. You need create a solid foundation to grow upon. Skipping over steps at...

Business partnerships are a lot like marriages. When they work well, they benefit the people involved and everyone who interacts with them. When they start to fall apart, they can be a nightmare that causes financial loss and emotional strain.  No matter how much...

Contracts are the lifeblood of modern business. They help establish obligations between different companies and provide businesses with dependable services or materials. Committing your agreements with another business to writing can protect you. Sadly, some...

Generally, when someone wants to transfer ownership of their company, they sell it. Maybe you started the company from nothing and ran it for the last 20 years. Now you want to retire, and selling it gives you a nice influx of cash with which to do so. But what if...

When you started your business, you were operating out of your spare bedroom and had no more than a shoestring budget, at best. Things have taken off better than you ever expected, however, and you’re expanding. Could it be time to change from a sole proprietorship to...

When entities enter into a contract with each other, both parties are expected to fully uphold their end of the deal. Most contracts are completed without any issues. The times when the contract isn’t followed, there is a breach of contract. This can sometimes lead to...

If running your business has become more of a chore than a joy, you may dream of escape. Maybe you dream of a stranger walking into your office, asking you how much and signing a check on the spot. The truth is, selling a business is not that simple. Adequate planning...

Unfair business practices are hard to define because there isn’t a single definition that’s going to give you a good understanding of what they are. However, there are a variety of actions that may be seen as unfair business practices. Those unfair actions could lead...

If you own a business, at some point, you will have the problem of someone owing you money and not paying. Here is what you should do if someone owes you money: Look at the big picture: Is this the first time in 20 years that your client has been late with a payment?...

If you’re thinking about starting a business, then you’ve probably got a lot on your mind, especially given the current state of the country. You might have concerns about securing the capital you need to secure a location and hire personnel, and you might worry about...