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...
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Can you take action against your employer for an unpaid bonus?
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 is your company’s intellectual property?
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...
What should I do if I suspect professional negligence?
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...
How can you defend your intellectual property?
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...
What happens when a business partnership falls through?
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...
Breach of contract: Understanding the basics
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...
What should your commercial lease agreement include?
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...
How can I protect my business ideas?
When you are an entrepreneur launching your own business, you likely have more than a couple of unique ideas that will separate your business from the rest. Those could include ideas for a specific product design or production process, a cool company logo or slogan,...
When should businesses use non-compete agreement?
Non-compete agreements are ultimately created to protect your business. Sometimes, they can feel intimidating. However, your business may need to start using non-compete agreements in your employment contracts. What is a non-compete agreement? Simply put, a...