The process of forming a limited liability company (LLC) means dealing with substantial numbers of documents and other paperwork. While vital for starting and running a business, creating contracts and agreements is tedious for many, making it easy to put off such...
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Business Law
Why consider legal help when starting a business?
All businesses will need to contract legal services at some point. Yet it is something that many new business owners try to go without for as long as possible. Legal assistance might seem hard to justify on a small start-up budget. Yet getting it from the outset could...
When your business grows, your business form may need to change
Many successful businesses start out incredibly small. You make the products yourself in your home and distribute them locally to customers who find you through word of mouth and maybe some clever social media posts. You don't worry about things like legal compliance...
Factors that could unsettle your business partner
Your business started out as a small operation but it has grown every year. You’re constantly employing the best possible talent and you’ve also brought in a business partner. A successful business partnership can help to protect your business interests and continue...
Protect yourself when buying out a business partner
Business partnerships can work out very well. However, like most professional relationships, they generally have an expiry date. You may feel like the time has come to buy your business partner out. While this is typically possible, it’s important to ensure that you...
Is a sole proprietorship right for your business?
When you decide to open a business, you must choose a business structure. While there are several options, if you are just starting out and plan to “go at it alone,” then a sole proprietorship may be the best option. However, there are some potential downsides to...
What to know about mediation as a tool for dispute resolution
Business disputes can happen when they are least expected. When they do, the damage to the business can be enormous. Disputes can drain resources and prevent the organization from realizing its goals. When a business dispute happens, one of the cost-effective dispute...
The first 3 steps to take as you start your business
You may have had a great business idea come to you one evening or have been thinking about a business you wanted to start for many years when you finally decided to take action. If you’re interested in opening your business now, you need to make sure that you do so by...
Do you need to give an employee 2-weeks’ notice to fire them?
As an employer, you have a lot of things to think about and consider daily. One of these things is the people you employ. As an employer in an at-will employment state, you have the right to fire employees at any time, for almost any reason (with discrimination or...
How can a nondisclosure agreement protect your business?
A nondisclosure agreement is one that you can have your employees sign to state that they will not share information about your business with others. This helpful legal document helps you make sure that your business’s secrets and ideas won’t be stolen by those who...