Key Elements of Any Business Agreement

Key Elements of Any Business Agreement

This is a great checklist to have when you are going over any sort of business agreement or contract. If it is missing any of these elements, it is a good idea to amend the document before signing it. Terms and parties – Who is involved in the contract and what are you agreeing to? […]

4 Vital Business Agreements

4 Vital Business Agreements

If you operate a small business, you know that contracts and agreements play a vital role in your relationships with other business entities. We are going to take a quick look at four types of agreements that it is essential for every small business owner to understand. Purchase Agreements – Whether you are the seller […]

Take These Steps to Ensure Your Business Contracts Are Solid

Take These Steps to Ensure Your Business Contracts Are Solid

Business contracts play a key role for entrepreneurs. However, if they are not prepared properly, you could find yourself in a situation where someone can break a contract and leave you with no legal recourse. Here are the steps to take to ensure this doesn’t happen to you. Drafting the contract – This is the […]

Don’t Make These Mistakes When Forming Your New Business

Don’t Make These Mistakes When Forming Your New Business

Forming a new business can be a daunting task, especially if you want to create an LLC instead of a sole proprietorship. While there are plenty of benefits, you need to watch out for some potential pitfalls if you want to attain those advantages. Here are a few mistakes to avoid: Thinking it’s too difficult […]

How to Maintain Your Small Business’s Corporate Status

How to Maintain Your Small Business’s Corporate Status

There are many benefits that can be derived from incorporating a small business. For one thing, you get protection for your personal assets by separating them from your business. You also get a number of tax benefits, including deductions that can only be taken by corporations. But these benefits only continue as long as you […]

What to Do When a Business Partnership Fails

What to Do When a Business Partnership Fails

Since half of all marriages in the US end in divorce, should it really be a surprise that business partnerships often do not work out? There are so many things that can come between business partners, for example: One partner may feel that he or she is carrying all of the weight of business operations […]