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...
What strategies can help protect trade secrets effectively?
Businesses often rely on various resources, including trade secrets, to boost growth and earnings. This form of intellectual property (IP) can give companies unique competitive advantages, setting them apart from other organizations in the same industry. Trade secrets...
When corporate restructuring becomes beneficial for businesses
Corporate restructuring is a strategic method to revitalize a company, allowing it to adapt to changing market conditions, improve its competitive position and address financial challenges. By analyzing when and how corporate restructuring becomes a catalyst for...
The risks of neglecting cybersecurity training among employees
Alpharetta is a place where technology and innovation thrive. However, with a high concentration of tech companies, the risk of cyber threats increases significantly. As these companies continue to expand and evolve, employee cybersecurity training becomes not just an...
6 red flags in a business partnership
Entering a business partnership can come with diverse benefits, such as additional expertise, resources and growth. However, there will always be risks, no matter how well you prepare. Statistics show that these arrangements can be unpredictable, with around 80% of...
How important is context in a trademark dispute?
If someone claims you have infringed on their trademark, you need to examine several things. Firstly, you’ll need to understand whether the complaining party actually had the trademark and whether they had legally protected it. Just because someone once designed a...
Key clauses in partnership agreements
If you are going into business with someone, you need to formally document this relationship. This applies whether they are a relative stranger, a close friend or a spouse. It can prevent problems that lead to the demise of your relationship and also protect your...
Choosing the best structure for your business
Starting a new business is a process that can be both incredibly challenging and immensely rewarding. In addition to the planning and execution of starting a new business, you will also have important legal and financial matters to consider during this time as well....
Protecting trade secrets and addressing disputes
As much as possible, businesses should avoid disputes by establishing preventive measures. But if a dispute arises despite taking the necessary precautions, the company must know how to handle the matter appropriately. One of the possible disputes businesses may...
What is a breach of fiduciary duty in a business climate?
Fiduciary duty is a bond between a principal or beneficiary and a fiduciary. They both enter into a legal agreement where the principal trusts the fiduciary to act on the principal’s behalf, and the fiduciary has the legal obligation to fulfill their duty with...