California employers have had to keep up with a host of new laws in recent years that have limited the contractual restrictions they can place on their employees. For example, non-disclosure agreements (NDAs) can no longer be used to prevent employees from going...
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Business & Commercial Law
When is it time to end your business partnership?
Business partnerships are often formed with the best intentions, aiming to leverage each other’s strengths and achieve mutual success. However, there may come a time when a business partnership no longer serves its intended purpose. When faced with such a situation,...
5 mistakes to avoid when selling your business
When it comes to selling a business, owners should avoid several critical mistakes to maximize their chances of success. Selling a business is a complex process that requires careful planning, strategy and attention to detail. Here are some common mistakes to avoid....
2 options when a partner is violating a partnership agreement
Getting into a business with a like-minded person can be rewarding in a number of ways. It can also be a stressful experience, especially if one party is not living up to their end of the deal. A breach of business partnership responsibilities is not uncommon. When a...
5 common reasons why business partnerships fail
People going into business together expect their partnership to last for years. However, most of them, about 70% in total, eventually break up. Many situations contribute to business partnership failures. Below are five common reasons for this phenomenon. 1. Constant...
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...
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...
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 use the same name as another business?
You know what you want to name your business, and maybe you've already done some work to set up the branding and figure out exactly what the company's vision is going to be. In other words, that name is very important to you. But then you find out that another company...