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The contracts you sign with the parties you work with, be it an employee, business partner, supplier or contractor, will include dates. These dates are crucial, as they impact the enforceability of your agreements. Below are four examples of such dates: 1. Execution...
As a small business owner, you may find yourself networking and meeting other business owners in your local area. If two of you hit it off and think you can work well together, you might come up with ways for your companies to complement each other. By working...
A business partnership can be highly beneficial. Partners can share the workload as well as financial investments and legal obligations. Nonetheless, there are occasions when business partners don’t get along. Here are some of the most common types of contractual...
People who are starting a business have several factors to consider before they open the doors. One of these is the type of business structure they want to use. Some entrepreneurs are starting a business on their own, a sole proprietorship is one of their options. ...
A business sale marks a significant financial and personal life milestone. As such, it's a perfect time to reevaluate your estate plan. Selling a business interest brings newfound liquidity and notable changes in your financial situation. Your estate plan should...
Most buildings are only in one zone, meaning they have only been approved for a single use. A house may be in a residential zone, a strip mall may be in a commercial zone and a factory or a warehouse may be in an industrial zone. But it is also possible for a building...
The term property is commonly associated with bricks and mortar. Nonetheless, in business, property is much more than this. Business is all about branding, and your brand may consist of several types of intellectual property (IP). Failing to protect your IP leaves...
A significant number of businesses in the U.S. have some form of family involvement. A family-run business can certainly have its advantages. The company doesn’t have to look far for recruitment, board members and staff are highly trustworthy, and the business can be...
If a loved one never got around to having a discussion about their will with you, you’re not alone. Many families are left to go hunting through desk drawers, cabinets, safe deposit boxes and more to find a loved one’s will after they die – without knowing for sure...
All new business ventures begin with an idea. It may involve buying a struggling business, rebranding it and turning it into a success. It may involve starting a company from scratch. In any case, an idea is only the starting point. There are a lot of factors that...