Every business has contracts that it has to abide by or use to make sure it protects itself. Your business contracts need to be protective, easy to understand and legally binding. Some of the most common clauses to add to business contracts include liability clauses,...
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...
A handshake deal is similar to a contract in that you and another party or another business owner are agreeing to work together in some fashion. This is common when two people know each other before they enter into negotiations. They feel like they're on good terms...
If someone has violated your intellectual property (IP) rights, a good first step is often to send them a cease and desist letter. What exactly does – and doesn’t -- this kind of notice do? First, let’s look at what a cease and desist letter is. It’s basically a...
When people decide to start businesses, one of the first questions they have to ask themselves is if they're going to start the business on the side or if they would like to quit their job and go all-in on the new company. Studies have found that starting a side...
The difference between a profitable business and an unprofitable one can often be traced to underestimating the cost of things. Commercial landlords do not all price the premises they lease in the same way. Two seemingly identical premised next door to each other...
You have a great business idea, which is really just a product that you've developed. You're looking to form a business to produce and distribute this product. You don't have that in place yet, but you know that it can succeed with the right infrastructure. To get the...
There's a lot to be said for studying what you should do when you start your own business, but you want to make sure you also do the opposite. Take a look at the mistakes that other people have made, and you may be able to avoid them yourself. With that in mind, here...
These days, brand image is everything, so companies work hard to protect their trademarks from any kind of infringement, including dilution. The Lanham Act of 1996 describes dilution as the “gradual whittling away or dispersion of the identity and hold upon the public...
If you are thinking of setting up a business, there are a lot of factors that will influence its location. For starters, you do not want to set shop in an area with direct competitors. If anything, you do not wish to share the same physical address with them. That is...