Business Law

As a business professional, you probably get contracts for most of your major projects. Having everything in writing protects you and makes the obligations of everyone involved clear. Written contracts are also much easier to enforce if there is eventually conflict...

One of the main purposes of signing a contract is to create a requirement for the other party to follow through on a promise. Contracts help ensure that businesses will receive the services, utilities and materials necessary for them to operate. When one company fails...

Starting your own business is exciting, but it’s also tricky. The success rate for startups may feel daunting. You want your idea to work; the last thing you want is for a simple mistake to undermine your company and end it all. But how do you know what mistakes to...

When an employee, supplier, vendor or other business fails to uphold their contract with your company, problems can quickly follow. You may not have enough supplies to continue operations at your business or may have machinery that doesn't function because you can't...

You want to sell your business, but you have some intellectual property that you’d like to keep. For instance, maybe you developed the brand and associated marks -- logos, slogans, colors, etc. You also developed your own processes and customer base. You want to sell...

Many companies use bonuses as a way to motivate their employees to offer the best job performance possible. Performance-based bonuses are a common tool for those in sales and managerial positions in particular. When employees meet certain goals, the company may commit...

Not all business partnerships work out. You may have started a venture with a friend or associate who seemed like-minded. Yet, disputes may have caused your relationship to sour. If working with your business partner has become untenable, you will want to consider...

All businesses rely on contracts. For some enterprises, these agreements may be irregular one-offs with vendors, executed as needed. Other companies may operate within a large web of contracts, requiring predictability and punctuality from all parties to ensure...

Whether you are looking for your first commercial space or you need to find a new space, the terms in your lease agreement could make or break your business. While every agreement is unique, certain items should be in every document. These terms protect both you as...