If you are a business owner or a budding entrepreneur, you know how important it is to have enforceable contracts governing your every business relationship. Contracts allow all the parties involved in a business deal or transaction to know their obligations and...
What is the ideal structure for your business?
At the beginning stages of your business, you know there are many decisions that you will need to make. In addition to having a good plan for a business, social media profiles and more, you will also need to consider the potential legal and financial needs of your...
How can businesses use cost-benefit analysis to address disputes?
As a business owner, you understand that disputes can arise in any aspect of your operations, from contracts and agreements to employment and customer relationships. Disputes can be time-consuming, costly and distracting, but they do not have to derail your business....
The importance of recognizing contract breaches to a business
Contracts protect business owners from unfair and deceptive business practices by making the agreement or the business deal legally binding. A contract breach occurs when one party fails to honor the agreed terms. Early detection of a breach can help mitigate risks by...