A business partnership can be complex, particularly when a business has a lot of facets or there are multiple partners involved. To reduce potential conflicts, it is important that there is a clear and acceptable business partnership agreement in place. This is a...
Where Others See Obstacles, We See Opportunities
Business law
Do you need a contract from a new investor?
You started your small business on your own, and it has performed very well. You've had enough success to do it full-time. You're excited about the future growth that is possible. To promote that growth, you're going to bring on a new investor. They believe in your...
What steps must you take to protect your company’s creations?
Many businesses establish a brand or generate revenue by creating content. Perhaps you made a new ad for your product and want it to go viral on social media. Maybe you write and publish articles or curate an inclusive collection of unique stock photography useful for...
Is a merger a good idea?
You’ve probably read stories of companies that merged and went on to achieve great success. You may also have read tales of ones that merged and self-destructed. If you are considering a merger, you need to ask is it right for me? To answer that question, you need to...
How should you handle a partnership dispute?
Going into business with a partner means you can each use each other’s strengths to build the company. In most cases, partners have similar ideas about how the business will be run. Unfortunately, there are times when you and your partner might not agree on...
Even small business owners shouldn’t “pierce the corporate veil”
If you own a small business, you may have invested some of your personal funds to get started or get through a rough patch. Likewise, you may have used your business account to make a personal purchase. Either of these actions results in the commingling of business...
How do mergers and joint ventures compare?
There comes a time in which businesses may consider expanding their reach. They may do this after they feel that they've mastered their specialty and they're looking to expand their product line or services. They may also do this after realizing that they've reached...
Is a sole proprietorship the right entity for my company?
Selecting a business structure is a basic step for any entrepreneur, but its importance cannot be overstated. A company’s structure will have a dramatic impact on everything from its short-term profits to its long-term sustainability. One of the most popular...