Shareholders are an integral part of a business. They have voting rights that can help a company make beneficial decisions. It is crucial to understand how this business aspect works to avoid costly mistakes. After signing a deal with the right shareholders, you...
Evers Law Group : A place where creativity,
experience and agility meet to benefit you
experience and agility meet to benefit you
Year: 2022
2 warning signs you need to dissolve a business partnership
Most business partnerships run smoothly in the beginning. Partners are excited and enthusiastic about growing the company together. However, like any other relationship, the honeymoon phase eventually passes out, potentially leaving you to contend with the reality of...
2 steps to take when a supplier breaches their contract
If you run a retail outlet, a restaurant or a manufacturing business, you need reliable suppliers to remain in business. Unfortunately, a supplier might breach their deal with your business for a variety of reasons. They might stop making deliveries unannounced,...
Being a small business owner comes with responsibilities
Owning a small business has many perks like setting your own hours, specializing in your favorite niche and choosing to work alone or with a few other people. Alas, business ownership has its downsides, its biggest one being a vulnerability to lawsuits. Every year, 36...
Who could file a lawsuit against your business?
Understanding risk is crucial as a business owner. One of the biggest risks is that someone takes you to court. You might think that provided you give good customer service, it will never happen. Yet litigation can come about for so many reasons, and it could be...
What qualities should you look for in a business partner?
As an entrepreneur, your reputation is your most precious asset. And if you get into a partnership with the wrong partner, the reputation you have worked hard to build can be ruined. Depending on the circumstances, a bad business partnership can result in the loss of...
Should you release a vendor for breach of contract?
Today, businesses rely on their vendors and suppliers to keep the doors open and continue serving their customers. When establishing any business relationship, a written contract is recommended. Even with a written contract, though, there are situations where a...
5 practices to prevent trade secrets from getting leaked
Many businesses have some kind of trade secret they wish to stay under lock and key. When these secrets get out, it could cause a business to underperform. Trade secret leaks can not only impact your business but may expose the personal information of the people you...
Can you address possible business disputes in your contracts?
Well-constructed contracts are often the backbone of successful California businesses. You can use them to define the terms of your associations with employees, vendors and other parties. One thing you shouldn’t overlook when creating or signing business contracts is...
4 reasons why a business partnership may be dissolved
There are a variety of reasons why you may want to dissolve a business partnership. Perhaps you created the partnership to achieve specific business goals, and those goals have been met. Or one partner has decided to retire or change their mind about the partnership....