Business Law

Many business owners or entrepreneurs with a business idea look to go into partnership with one or more others. This can work out well, but it can also go badly in some cases. Before you make this move, consider the following: 1. What do you need from a partner?...

The Federal Trade Commission has (expected appeals aside) pretty much ended the use of noncompete agreements in the future. Given that one out of every five workers in this country is covered by a noncompete agreement, that’s roughly 30 million employees who will...

If you’re starting a new business, you may be doing it with a business partner. Many people want to be entrepreneurs, but they know they need assistance or they want to bring on someone with other business skills, financial resources or something of this nature. They...

Accidents can happen anywhere, even in places we consider safe, like hotels. This raises the question, though, of when responsibility might fall on the hotel owner if an accident occurs on their premises. Finding the answer and establishing fault hinges on several...

Running a small business can be extremely rewarding both personally and financially. However, it isn’t an easy feat. Small businesses generally have to use their resources more wisely than large corporations.  Occasionally, this can result in small businesses failing...

As a new business owner who is going to be working with a business partner, you probably want to have some sort of contract in place. Many business partners will just shake hands or start working together unofficially. But it’s safer to put together a partnership...

Two different companies coming together into a single entity can mean different things. You may have heard about businesses merging or one company acquiring the other. If you are a business owner, you should know that mergers and acquisitions are not the same....

Closing a business is unfortunately often as complex as opening one. Legal and financial implications exist, and it goes far beyond simply stopping production and putting a closed sign on the door. Dissolving a business is one good option for people. But what is it,...

Business owners are aware that litigation has a variety of downsides. Not only is litigation expensive, but it can also ruin valuable relationships. While dispute is an inevitability with business, litigation does not have to be. The most common varieties of...

If you are starting a business with someone else, or if you have decided to bring on a partner to your existing company, this is a big decision that can be a great move. Having a partner can be beneficial in many ways, such as sharing liabilities, dividing the...