Disagreements can cause serious problems for business leaders. Businesses can suffer damage if the partners are unable to resolve their conflict. Three things that commonly lead to business disagreements include: The idea. A business opportunity always begins with an...
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...
This summer, two major music groups changed their names to no longer have slavery terms associated with them. Texas’ Dixie Chicks became the Chicks and fellow country trio Lady Antebellum became Lady A. However, a Seattle blues singer, also known as Lady A, is now...
When you have needs that go beyond your knowledge, you reach out to professionals to help you. Experts in accounting, engineering, legal services or more should have years of training and experience to guide you with successful results. Whatever your needs, you rely...
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...
What does your business own? You may have purchased manufacturing equipment or constructed your company’s office building. However, identifying a company’s intellectual property (IP) can be more challenging for many business owners. No matter your industry, creating...
Professionals are upheld to specific standards in virtually every industry. In particular, service workers in sectors like law, engineering, architecture or accounting must rely on the continued use of intellect, discretion, judgment and training to give them...
As a business owner, you will want to protect your inventions, innovations and processes as best as possible. Competitors and former employees may want to use your intellectual property (IP), and you will need to find ways to safeguard it. Yet, the ways to do so...
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...
