For business owners, sweat equity can be very valuable, though often hard to pin down specifically. This is important to consider when selling the business or bringing on new investors and partners. Sweat equity is the sum of the effort and work you put in to increase...
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Month: April 2021
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Is it wise to include an arbitration clause in your business contracts?
As a small business owner, one thing you will come across is needing to use contracts. You may need to have a contract to work with a new employee or a contractor, for example. When you create a contract, it’s important to discuss what you want it to do for you with...
You don’t have to be a doctor to face a malpractice lawsuit
Do you own a business where clients or customers rely on your talent, skills, education or training? You could face an errors and omissions (E&O) lawsuit if you do. An E&O lawsuit is essentially a malpractice suit brought by someone who’s unhappy with or...