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 […]
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 […]
Considerations When Purchasing a Small Business in California
So you want to be a small business owner but you don’t want to start from scratch? Buying an existing business can be a good option. However, there are a few considerations when you purchase an existing business in California. Here are some things to watch out for. Seller’s permit – The seller’s permit doesn’t […]
Does California Require a Contract for Litigation?
When you think about going to court over a breach of contract, you probably assume there is a written contract involved. However, this is not always the case. In fact, even verbal agreements can be argued in a court of law, especially if there are witnesses to the agreement. Of course, it is always in […]
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 […]
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, […]
