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Contracts help businesses work successfully with different parties. These agreements have clear terms that are intended to protect both parties. A business contract should have essential clauses to achieve this goal. You need contracts in several situations. This is...
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...
Here in Houston, just miles from the Gulf of Mexico, we make a prime target for hurricanes, tropical storms and even flooding from especially heavy rains. When natural disasters occur, another unnatural disaster typically follows – storm-chasing “contractors’ looking...
When looking for a business partner, your goal should be to find someone who makes your new company stronger than it would be without them. Ideally, your partner will be looking for the same thing in you. This means that you don’t necessarily want to find someone who...
There are various remedies available for you when a party breaches the terms of a legally binding contract. These remedies are meant to make you whole or, in other words, restore you to the position you would have been in had the breach not occurred. Specific...
Initially, your small business started out as a one-person operation. Due to the success of the company over the years, you needed to establish a team of employees to share the workload with. In fact, you’re constantly seeking to bring in new talent. Employment...
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,...
Employee fraud can have far-reaching implications for your business. Besides financial loss, the legal implications of having your customers’ data compromised can be overwhelming. If you are a victim of employee fraud, it is important that you take appropriate steps...
Maybe you need a constant source of fresh greens for the grab-and-go salads that comprise roughly half of your deli's daily lunch sales. Perhaps you are in the construction industry and you need a supplier to provide you with flooring materials that meet the standards...
Some types of businesses rely on non-competition (or non-compete) provisions to prevent employees from taking what they’ve learned about their methods and strategies or proprietary information to a job with a rival company and harming their ability to compete in the...
