Businesses with more complex structures, like corporations, are technically their own legal entities. The federal courts have repeatedly ruled that businesses largely have the same rights and protections as individuals. However, businesses do not exist independently...
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Small Business
Is my business partner too controlling? What can I do?
Business partnerships, just like romantic partners, are ideally founded on mutual respect, communication and trust to thrive. And just like romantic relationships, it’s not uncommon for a business partnership to eventually turn sour. A manipulative business partner...
3 future issues to address in a business
It can be hard to think far ahead when starting a business or beginning a new business relationship. Yet, doing so will be crucial in the contracts you create. Here are some of the future areas to think about: 1. What happens if prices change? Running a successful...
Does an easement have to stay on a commercial property?
You’re looking to start a small business, and you already have a partner and a business plan. The two of you are simply looking for some commercial properties that you can buy, that you can use as your new business headquarters. But when you find a property that seems...
Morale is crucial to small business success
Your small business is hitting better numbers than ever. Your staff are motivated and fulfilling your expectations of them. While these are positives, you want such factors to be sustained as you move your company to the next level. The morale of your staff will be...
New forced arbitration law affects contracts of all kinds
Many businesses will be revising some of their standard contracts with the passage of a new law – one that brought together members of Congress who don’t agree on much of anything. The Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act of 2021...
What makes for an airtight business contract?
A contract is an essential element of any business. It allows the business to make legally enforceable agreements so it can plan out specific actions with confidence that the other party is going to meet its end of the agreement. However, a good business contract...
What makes a worker an independent contractor?
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...
How should you handle a sudden jump in your CAM fees?
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...
Why it is never too early for a business succession plan
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...
