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Most people refer to Air Force One as the plane in which the U.S. president travels -- basically a flying White House that can hold 70 passengers. The president’s plane has an office, conference room and even a gym. More importantly, it has secure communications...
Whether you run a restaurant, a retail shop or a manufacturing facility, reliable suppliers are key to daily operations. Your company needs to know that it has critical resources available to turnout products, keep manufacturing staff productive or bring customers...
A breach of contract often sounds malicious: One party signed a contract and then intentionally failed to adhere to its terms. In many cases, though, the true issue is miscommunication or a misunderstanding. This doesn’t mean it’s not a breach -- it is -- but it may...
Business owners generally have the best of intentions when they enter into a commercial lease. Various factors may change, diminishing a business owner's need for their leased space. Maybe their entrepreneurial endeavor hasn't been as successful as they would have...
Many states' lawmakers, including those in Texas, have in recent years considered setting up a business-only court system like the Chancery Court in Delaware. Proponents of Texas' newly introduced House Bill 1875 aim to see this plan come into fruition. So, too, does...
Whether your company fixes plaster, consults for business mergers or builds furniture, you expect to get paid for the goods or services that you provide your clients or customers. You wouldn't be able to continue operating a business or paying your expenses if you...
Laws provide specific protections for certain entities that provide services in the aviation field. Liens and other remedies are possible if an aircraft owner fails to pay what’s due for certain services, such as refueling, maintenance and storage. This allows the...
You’re a small business owner, and you only have around a dozen employees. Even so, you are always looking for ways to improve. You identify an employee who needs to be replaced and you tell them that you’re terminating their position. You feel bad, but this is your...
Wire transfers provide businesses with a fast, efficient and cost-effective way to receive or send funds. Although most companies are happy to use wire transfers, fraud is a widespread hazard that can threaten your business’s bottom line. What is wire fraud? It is a...
If you own your own company, then you've likely heard of the terminology "unfair competition." Do you know what constitutes this, though? You may find it helpful to know that both state and federal laws afford you the ability to sue fellow business owners who engage...