Running a business is not easy. With so many moving parts, it's easy for something to go wrong and for someone to file a lawsuit against you. Lawsuits can be costly and time-consuming, potentially ruining a business if it's unprepared to handle them. Here are some...
Quality Should Be Your First Consideration
Business Disputes
3 signs you need to terminate your partnership contract
Venturing into the world of business can be exciting and frightening in equal measure. Whether you are crafting your business idea in your college room or simply looking to take an existing business to another level, getting into a partnership with a like-minded party...
Do you need a reason to fire an employee?
As the owner of a company, you realize that you need to downsize in order for the company to remain profitable. You tell some of your employees that they’re going to be let go. They’re naturally not happy with this decision, but you feel that you have to do what’s...
2 reasons business partnerships fall apart
Running a company on your own is no small feat. At some point in time, you may opt to enlist the help of a business partner. Having the right partner on board gives you an extra pair of hands and it can really help the company go from strength to strength. Sadly,...
Protecting your trade secrets when an employee leaves
A company’s trade secrets are among its most prized assets. They are the heart of its success, identity and revenue. That’s why every possible measure should be utilized to stop them from ending up in the lap of rival organizations. This can be tricky when employees...
Can your competitors set their prices to hurt your business?
Having a couple of competitors can be good for your business. While you have to share the market, you won't find yourself stretched too thin to maintain your standards. You can turn aside difficult customers without causing them any hardship, and you have an example...
How could you get dragged into an intellectual property dispute?
When you run a business, you do not work alone. Not only do you have employees, but you might also contract the services of others for particular tasks. The actions of any one of those people could land you in a legal dispute. As the owner or boss of a company, you do...
Are your trade secrets protected?
It’s taken you many years to develop your business idea and get your company off the ground. You’ve done this without all of the resources that major corporations have at their disposal. However, because of your passion and expertise, you offer a product or service...
Options for a breach of a partnership agreement
Entering a business partnership with a friend, family member, or anyone else may seem like a good idea in the beginning. You both have a passion for what you are doing and seem to be on the same page. While disagreements are likely in any partnership, being able to...
What if your business partner no longer wants to be your partner?
Breaking up is hard to do in business and personal relationships. In marriages, pre-nuptials can ease the process. In business, it comes down to your partnership agreement. People forget that all business partnerships end eventually. Some fall apart within weeks,...
