May 2017

Having life insurance is an important and responsible way to offer protection to your loved ones should you pass away. In most cases, claims on life insurance policies go through without any trouble. There are times, however, when life insurance companies attempt to deny claims. Understanding why they do this, and how you can figure […]

A company should always be aware of the potential risks facing the business and take all necessary steps in order to minimize those risks that return. One of the best ways to do this is using employment contracts or employment agreements. These are legally binding agreements between an employee and an employer that lay out

Business contracts are the agreements that are the life blood of entrepreneurship and small business, and even major corporations today. When another party breaches a contract, it is important to understand your rights and responsibilities so that you can take the necessary steps to protect yourself and pursue legal action, if necessary. Ensuring that you

When starting a business with a partner, it can be tempting to just take things a day at a time without any formal agreements. In most cases, this will go quite smoothly for a little while. At some point, however, disagreements or situations will arise that can’t be ignored and create issues in partnerships. This

Getting into an argument with your partner can be an extremely frustrating experience and it can also have ripple effects throughout the business. Understanding the steps that you need to take in order to protect your own interests as well as the business are critically important when dealing with a partnership dispute. What follows are

People start businesses for different reasons. Some individuals are hoping to remain in business for the long haul, potentially even passing down the company to someone in their family. Others enter for reasons of passion and interest but find that it fades over time. This can lead them to begin to consider the option of

Establishing your own business is an exhilarating prospect but it is also one that comes with an inherent level of risk. Unfortunately, entrepreneurs continue to face risks in their business every single day and without knowledge of an outside professional in the form of a business attorney, they may be exposed to risk on a

It is important for any franchisor to understand trade secrets and to have a plan to protect these where necessary. The first step involves identifying trade secrets. Franchisors must be able to identify what trade secrets are with certainty. The operations manual on all of the information inside is not clear enough to identify trade

Although it is strongly recommended that you consult with a business lawyer when you initiate your business and to have your contracts established and reviewed on a regular basis, it is also beneficial for you to have general counsel in the form of an outside attorney. There are many different benefits that you can reap

As a franchisee, you get access to an established business structure but there are costs that you must pay in order to achieve that. With more than 900,000 franchise businesses located across the United States providing all different kinds of services and goods, it’s important to see that purchasing a franchise is like an investment.