Contract breaches are common in the business world. Yet not all contract breaches need to cause a problem, let alone end in litigation. Life is not predictable. Things can happen that make it impossible to fulfill the commitment you are contracted to. While some...
The German Patent and Trade Mark Office (DPMA) has a conference on Artificial Intelligence (AI) and Intellectual Property (IP) rights recently. The theme of the conference was to determine to what extent the creations and inventions of AI are patentable. There are a...
Starting your own business can be an exciting and often overwhelming process. There are so many decisions to be made when undergoing business formation. One aspect that many new business owners often struggle with is whether to use independent contractors, employees...
Contracts are an important part of business transactions because they outline what each party is responsible for. They also outline the penalties that can result if the contract is breached. While some contracts in the business world are very simple, others are very...
It was the jolt that you as a small business owner would never forget. Another party has decided to sue your company. An assortment of feelings surfaces from shock and frustration to anger and bewilderment. This was an unexpected development that you and your...
You’re finally going to take the plunge and open a small business in Georgia. Maybe you have always wanted to run your own coffee shop, plumbing business or landscaping outfit. It’s great that your dream is on the verge of coming true. However, you will need to be...
Perhaps you are a creative professional who writes, draws or publishes enhanced photography. Maybe you are a business that creates, publishes or purchases unique creative content for marketing or product purposes. Original works and creative products can attract...
Investors, banks and other businesses may be willing to lend your company money or extend you some credit -- but you need to beware of a cross-default clause as your company takes on debt. Cross-default clauses are designed to mitigate the risks investors and lending...
You have a commercial lease, you already likely pay a premium for your rental space. If you share parking lots, bathrooms or other facilities with neighboring tenants, you will likely have additional costs. Common area maintenance (CAM) fees are a way for a landlord...
One area you may overlook when starting a business is to draw up a succession plan. You might argue this is unimportant because it will be years before you can pass on the reins and retire to a Caribbean island. Yet, you could need someone to take over running your...
