Establishing a small business can be a rewarding step for entrepreneurs, but it comes with numerous challenges. Owners have to manage their team, focus on their business relationships and ensure their company's growth and profitability. Many of the challenges that...
One of the first decisions a new business owner has to make is determining the company's business structure. For some small business owners, a sole proprietorship seems to be the best option, but this might not be the case. Many don’t realize they can have...
In business, partnerships play a pivotal role in driving success. But what happens when a key moment arises, such as one partner wanting to exit the business if the other wishes to continue the journey? Successful partnerships are built on trust, shared goals and...
In the business landscape, disputes are an unfortunate but inevitable aspect of the game. When conflicts arise, it's crucial to have effective mechanisms in place for resolution. These are legal remedies not based on monetary compensation but aim to provide fair and...
When starting a new business, numerous considerations must be approached thoughtfully. Otherwise, a promising enterprise could fail before it even gets off the ground. One of the first legal matters that an aspiring business owner needs to consider is how to...
Contractual agreements are common among businesses and other parties. By ensuring that contracting parties are aware of their legal obligations, well-written contracts can be advantageous to all parties. Unfortunately, contract violations do happen and can be...
You may have recently decided that you can improve your business by working alongside a business partner. A business partner would be able to collaborate on all of the inner workings of your business and handle many important matters in your place. You don’t want to...
When two or more entrepreneurs form a business partnership, the primary goal is usually to bring their resources together so they can expand their reach and grow their bottom line. Sometimes, however, things just don’t go as planned. It is not uncommon for a partner...
As a business owner, you want to safeguard your company from any legal troubles. One such legal problem is a business dispute. You never know with whom you'll get into a business dispute. A recent contract breach by an established business partner or a problem with an...
In the realm of entrepreneurship and business ventures, the term "silent partner" may evoke a sense of mystery and intrigue. While the term itself may conjure images of a clandestine figure lurking in the shadows, the role of a silent partner is far from enigmatic. ...