There are many contexts in life where individuals and businesses don't have direct control over their money or other property. Instead, we trust another party to handle it for us. This party is often a professional, such as a financial advisor or stockbroker, who is...
Month: July 2023
A common mistake entrepreneurs make when forming a business
Business formation is a lengthy and often stressful process. Entrepreneurs have to learn about the industry in which they hope to operate. They need to develop a business plan, and they will eventually need to secure funding for their concept. Everything from the...
Understanding minor and material breaches
As a business owner, contracts are essential since they operate as the framework for agreements and uphold mutual trust and responsibility. However, there are times when one side does not carry out the requirements outlined in the agreement. This is referred to as a...
Should you buy or lease commercial property?
As a business owner, you may find yourself at a crossroads when deciding whether to buy or lease commercial property. It is a decision that requires careful thought and consideration as it can significantly impact your business's financial stability, flexibility and...
3 important factors of a business partnership contract
Before a business partnership is established, a contract should be made. Contracts are especially crucial for businesses to help establish responsibilities and obligations from every party. Everything you need to set up a business partnership should be outlined in a...