Starting a business alone can be hard. Many entrepreneurs manage to find success by finding partners to help them build their dream -- and drafting a solid partnership agreement is essential. Partnership agreements allow all parties involved to share the...
People who start business partnerships expect their partners to fulfill their contracts. Typically, those running a business together have a fiduciary duty to the organization. They should always prioritize the company's best interests, even above their own wishes....
Several different types of contracts can include restrictive covenants. Employers often include restrictive covenants in contracts negotiated with new hires and workers accepting promotions. Business partners often include restrictive covenants in their agreements...
Contracts are the backbone of business relationships, offering clarity on roles, responsibilities and expectations between partners. They create a framework that helps to ensure accountability and trust while reducing the risk of misunderstandings. Despite this, no...
When launching or restructuring a business, selecting the right corporate entity can shape everything from tax obligations to growth potential. Two popular options, C corporations and S corporations, offer distinct advantages and limitations. Understanding how they...
Businesses can acquire the rights to original creative works through a few different methods. Some companies hire composers, writers, photographers and other creative professionals. Their contracts may give them ownership rights over the creations produced by that...
When it comes to intellectual property rights and branding, a business name is very important. It’s helpful for your company to stand out from the competition, so having a unique name is beneficial, and it can also reduce consumer confusion. People who want to...
Long gone are the days when deals were only closed manually through signing a piece of paper. Now, agreements can be closed with the tap of a screen thanks to digital contracts and electronic signatures (e-signatures). They are fast, efficient and reduce the need for...
Developing mixed commercial holdings—projects that may combine retail, office, hospitality and even industrial spaces—can offer strong returns, but they also present layered risks. As such, from land use compliance to lease diversification, developers must take a...
As digital platforms expand, so do the risks of trademark misuse. The internet allows brands to reach broader audiences, but it also creates opportunities for unauthorized parties to exploit protected marks. Online infringement can harm your reputation, confuse your...