Although you may have done much of the groundwork on your own, there will probably come a time where you need some help with growing your business. There are numerous options open to you at this point, including seeking out a new business partner. Choosing the right...
Business law
Business law
Top reasons for contract disputes
One of the main reasons to use a contract is to avoid a dispute by getting all of the details in writing. It also provides some level of guarantee that goods or services will be rendered, or that an employee or business partner will act in a certain way. ...
Is changing your corporate structure post-formation an option?
Many individuals who go into business for themselves have the weight of the world on their shoulders. They must come up with the funding to get their company off the ground and wear many hats regarding their roles in their business. Business owners often find...
When do companies add restrictive covenants to work contracts?
Employment contracts formalize the relationship you have with a new worker. Contracts make plain in written language the obligations of that worker and the responsibilities your company will assume toward that employee. Employment contracts often outline compensation...
11 common business mistakes you need to avoid when starting up
If you’re starting a new business, you need to focus on more than just what you want to do to make the company successful. You also need to think about what not to do and how to avoid mistakes that could sink your new company. Fortunately, if you take the time to...
Ensure your business contracts contain certain valuable clauses
Those operating a successful business in Elizabethtown understand the value of well-drafted business contracts. With a solid business agreement, it is possible to avoid many legal issues before they ever have a chance to arise. In turn, your business proceedings flow...
Should you build a noncompete agreement into your employment contracts?
You’re a business owner who wants to be fair to your employees. Something that you’ve been looking into is how long you should ask them not to work for competing companies following their termination or choice to leave your company. You don’t want to overburden them,...
3 steps to take to enforce a crucial business contract
People sometimes call contracts the lifeblood of a business. The contracts that you sign with your employees, service providers and vendors are what allow your business to operate. Knowing that you can rely on certain services and supplies can be crucial to your...
Avoid these business formation mistakes
When starting a new business, people often focus on avoiding mistakes after the company is up and running. For instance, they don’t want to be open so long that overhead costs are unsustainable, but they don’t want to have such short hours that many customers can’t...
Include these sections in any contract you create
Every good contract needs a few basics. Without them, the contract could be complicated or may not cover all the incidents that could occur between the parties who signed it. In any good contract, you will want to have: · Payment terms. · The names of the...