When another party to a contract fails to uphold their end of a bargain, there are various legal remedies available to make a party to an enforceable contractual agreement “whole.” One such remedy is specific performance. It compels a breaching party to fulfill their...
The integration of artificial intelligence (AI) into many aspects of various kinds of business operations is transforming industries, driving innovation and reshaping competitive landscapes. Yet, as companies increasingly rely on AI for data analysis, decision-making,...
Living and doing business in California has its advantages, but it also means dealing unique challenges – especially when it comes to non-compete agreements. Unlike many states, California takes a dim view of noncompete agreements. They’ve been declared unenforceable....
A successful franchise business model depends on the franchisor and franchisee meeting their obligations. The agreement between these two parties is often complex, so having everything in writing is critical. This is where the franchise agreement comes into the...
As a small business owner, you may encounter clients who refuse to pay for your services after you’ve completed the job. If a customer fails to pay for services rendered and you have attempted to contact them and sent several past-due reminders, you may need to take...
Entrepreneurs and investors who buy into franchises do so for several reasons. They can receive hands-on training and assistance with marketing, which can help those new to business ownership. One of the most obvious benefits is how a franchise has a developed brand...
As a business owner, you aim to make your clients happy. However hard you try, you may encounter some that you just cannot please. The ensuing dispute could make you wonder why you ever got into business in the first place, as well as potentially costing you a lot of...
Scope creep is a term that resonates with businesses across various industries. It refers to the gradual expansion of a project's goals and deliverables beyond its initial boundaries, often without proper planning or approval. This situation can lead to increased...
Contracts serve a critical role in business transactions between companies. They protect both sides of the agreement to ensure you and the other party get what’s required as agreed upon. These are used for everything from purchases to mergers and acquisitions. Before...
Starting a business can be an exciting time full of positivity about the future. Yet you only need to look around to see that things can soon change. Many people have been in your situation before, only for their dreams to sour a few months or years down the line when...