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....
When you form a professional relationship with a partner, client or vendor, you will create a contract. The contract's purpose is to outline each party's responsibilities and steps to take if one party doesn't live up to the terms outlined. If one of the parties in...
There was a time when experts said, "IF a data breach happens to you…". Now they say, "WHEN a data breach happens to you…" Cyberattacks are on the rise, and these criminals no longer just target large corporations. Instead, they are also going after healthcare...
Part of running a business is having the supplies you need to take care of your customers. You’ll have to depend on vendors for most of these. While many vendors have great customer service policies, there are some that leave a lot to be desired. Trying to find ways...
You’ve just asked an employee to write a story to be included in a compilation of works that your company is assembling. Before agreeing to do so, the employee asks you whether or not they will own the copyright for this story? According to U.S. copyright laws, “if a...
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...
When you have a contract dispute with a service provider, vendor or supplier, you may suffer financial losses. Their failure to follow through with delivering a product or providing a service could cause significant operational complications for your organization or...
The Department of Labor is planning to update regulations surrounding who is eligible for overtime pay. This change may affect your business, so it's essential to understand how the new rule may apply to your employees. Are you ready for the changes? Here's what you...
There are several reasons why one of your business partners might decide to leave. The majority of them revolve around disagreements about finances, management and control of the business. When things don't work out between you and a partner, they may decide to pull...
Sometimes, when one party fails to fulfill or otherwise breaches a contract, the plaintiff would prefer to get the thing that was promised in the contract rather than compensation for the breach because compensation alone wouldn’t make things right. That’s where...