6 Key Elements of a Partnership Agreement
A partnership is a common business formation type. If you are preparing to enter into a business partnership, there should always be a contract involved. What are the main things that you need to agree upon with your business partner? Here are 6 essential elements of the agreement. Other pursuits – You don’t want your […]
5 Things to Know Before You Start Hiring Employees
From one small business owner to another, expanding to the point that you have to start taking on employees is a big step. But before you expand, there are a few things you should know about the move from a sole proprietor to an employer. Employment Eligibility – You can’t hire just anyone. You need […]
3 Important Elements of Your Business Contracts
Business contracts involve a complex series of legal factors that add up to one solid business agreement between two or more parties. Today, we are going to briefly break down three elements that you will find in most business contracts and agreements. Limit of Liability – If one party of the contract breaches the agreement, […]
Alternative Dispute Resolution?
What is it? Why is it important? One of the most over-looked and neglected clauses in contracts today is the one that dictates how disputes will be resolved if they arise from the contract. Whether it’s one party not paying the other in full, or not receiving the goods that they’ve purchased, there are […]
4 Important Things to Consider When Forming a Business Partnership
A partnership is just one of the many types of business formations a person can select when two or more owners are involved in the company. We’re about to give you four things to consider when you are about to form a business partnership with someone. Ask Yourself: “Is This the Right Business Structure for […]
3 Things You Need to Decide When Forming a New Business in California
Starting a new business venture can be an exciting prospect. However, to help make your new business a success, you need to do the proper planning. Here are three questions to ask yourself so that you can make some vital decisions while forming your new business. #1 What Type of Business Entity Should My Company […]
