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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...
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...
Employees are often asked to give a two-week notice if they’re going to leave a position. This is so that the company can find another worker to replace them before they go. But should employers do the same thing when firing employees? If you want to let someone go,...
Many Massachusetts businesses require top-level employees to sign a nonsolicitation agreement. New owners of a company may also require the seller to sign this restrictive contract. In both cases, the agreement is designed to prevent employees and sellers from wooing...
Your business is expanding and growing. Throughout that process, you’ve made a number of connections in the local industry. Some are like-minded entrepreneurs. Now you’re thinking of adding one of them to your company, as a partner, not an employee. While you know...
If you’re opening a business, the very first thing you need to decide is how you’re going to form it. There are different kinds of business structures that provide varied benefits. Choosing your business’s structure will influence things like your taxes, day-to-day...
Your new business or business concept is valuable. You will likely invest a huge amount of your own time and resources in making the company successful. Obviously, you want to protect your investment from unpredictable circumstances. There are many kinds of insurance...
Business partnerships sometimes last a lifetime. However, others last only a few years. Obviously, the partnership will end if the company itself goes out of business. However, you may want to keep the company open when your partner doesn't or feel like you can no...
As an employer, you know that you do not have to offer your employees a contract. Massachusetts is an at-will employment state. Most employees have no contracts at all. There are benefits to at-will employment. If you want to fire an employee for almost any reason,...
As a new business owner, you may have read about companies requiring their employees to sign non-compete agreements. You may be wondering if you should do this with anyone you take on -- particularly if they're likely to have access to sensitive information. Is a...
