Businesses often rely on non-disclosure agreements to protect sensitive information. These legal contracts establish a confidential relationship between parties to prevent the disclosure of certain information to outside parties. A well-crafted NDA can protect your...
Business Law
Should you include a nonsolicitation clause in your agreement?
To be competitive, businesses allot time, energy and resources to train their employees and build strong customer connections. When a skilled employee leaves or a valuable client no longer supports the business, the company may suffer unnecessary losses in value and...
Top 3 most common trademark legal issues
When you start a business, one of the first things you need to do is come up with a name. However, creating a business name is not always simple due to trademarks, copyright and other legal issues that surround intellectual property. As a word, phrase, symbol or...
How can I avoid litigation?
If you are running a successful business, lawsuits of some sort are unavoidable. In some situations, litigation is a necessary means to solve disputes. However, laying proper groundwork can help you avoid litigation, which will save you time and money. Litigation not...
Why should you periodically update employment contracts?
Employment contracts can protect your company and also give clarification of your expectations to the people you hire. Keeping these documents updated will preserve their function. Knowing which circumstances may create the need for an update can help you stay on top...
Issues to consider when selling a business to retire
Owners with plans to sell their businesses and retire could benefit from taking certain steps when they prep their enterprise for a sale. As noted by Business News Daily, you may wish to consider obtaining a professional valuation of your business’s worth. With a...
Do you need a contract for every employee you hire?
As a small business owner, you want to protect all the work and time you invested in your venture, and contracts help you accomplish that goal. Must you draw up a contract for every employee you hire? Chron explores the definition, pros, cons and alternatives to...
What are red flags in business mergers?
To take your business to the next level, you want to join forces with another company. If this represents your first merger, you deserve to know how to protect your entity and business interests. Inc. explores several signs that a business merger could end in...
Why should you avoid litigation?
As a business owner, you understand that business relationships serve as one of the most important aspects of building your venture up. Without these crucial ties, you will likely not succeed in the market. But with partnership comes the possibility of getting into...
Can arbitration work for your dispute?
No one wants to get into a business dispute with a partner, but it is better to have a plan in place for these scenarios than it is to blindly hope no disputes ever happen. After all, even the smallest disagreement can eventually boil over into something heated if...