For many businesses, partnerships are the fuel that propels them to new heights. The integration of resources, skillsets and perspectives can be the perfect recipe for a powerhouse for innovation and success. That said, it’s crucial to acknowledge that even the most...
Running a business is by no means easy, but some principles remain straightforward. You expect to be paid for the services or goods you provide. Unfortunately, this doesn’t always happen. A client may be delayed in making a payment or may try to avoid paying...
Business acquisitions occur in a variety of different scenarios. Perhaps someone wants to purchase an existing business because they dream of becoming their own boss. Maybe a successful company hopes to expand and believes acquiring a competitor or a business in an...
Different factors can lead to partnership disputes, including uneven workloads. If a partner spends more hours in the office or feels like they do more work than the other, they may believe they are not viewed as an equal. Accordingly, disputes may arise. If you are...
When entering into a business partnership, it is crucial to have a well-drafted partnership agreement that outlines the terms and conditions governing the relationship between each interested individual. It is, therefore, of critical importance for all parties to...
In business, navigating the complexities of trade practices is crucial for maintaining a fair and competitive marketplace. Unfair trade practices can be the Achilles' heel for businesses. They can disrupt the equilibrium and lead to disputes that have far-reaching...
If you’re thinking of selling your business, you may need to meet with numerous potential buyers. This isn’t always a quick process. In some cases, it may be difficult to find a buyer. In other cases, you may have so many potential buyers that you have to decide which...
In the world of business partnerships, it is not uncommon to share sensitive information with partners during the course of a partnership. While doing so, however, it’s vital to keep confidential data from the public and your competition. And this is where a...
Very few people run businesses without disputes. You can’t predict who you’ll have a dispute with. An employee may have an issue with their job role or an established business party may have recently breached a contract, for example. These kinds of issues may have you...
Many aspiring business owners opt to form their new enterprises as sole proprietorships, partnerships or limited liability companies (LLCs) when they first launch their companies. There are numerous reasons why these business formation structures are appealing to new...
