Business partnerships are a great way to combine resources to achieve mutual goals. These collaborative ventures are typically run in accordance with partnership agreements, which serve as the blueprint for the partnership's operations. Here is what you can consider...
The corporate world is notoriously tough and rival firms compete to gain advantages. Competition is healthy to an extent as it keeps prices competitive for consumers and ensures high quality goods and services. Nonetheless, there are times when the competition...
A breach of contract can lead to operational challenges for businesses, such as production interruptions or delays in fulfilling contractual obligations to clients or customers. A breach by a vendor or service provider can sometimes cause financial losses. If one...
In business, fiduciaries can include the company’s corporate directors and officers, board members and executives, asset managers and financial planners, trustees and attorneys – among others. Essentially, it’s any person who has a duty to put the company’s needs...
Contracts are indispensable, cementing understanding and promising security. Yet, not all contracts go as planned, and breaches can occur, leading to conflicts and disputes. A contract breach means that one or both parties involved in the agreement fail to fulfill...
There are several ways to set up and run a company, and many business owners opt to form a partnership. A business partnership can be very useful because obligations can be shared. That being said, not all business partnerships run smoothly all of the time, and...
Investors looking to get into commercial real estate often create partnerships or new companies. After determining their long-term strategy, how many properties and what type of properties they plan to buy, many find one of the many Limited Liability Corporation...
Many companies across the United States have embraced non-compete agreements as a standard practice when onboarding a new employee. Those who leave may have also been asked to sign. Businesses may see departing staff as a threat because they can work for the...
The foundation of any business is typically contracts because they dictate the terms for practically everything. And, if you are involved in any business transaction, you need to know how to design, negotiate and execute a contract that protects your interests and...
People may love running their own company, but it sometimes makes sense to merge, sell or acquire another business. It may be a matter of pairing two companies in the same market to have a commanding presence. It could be a matter where the two entities have...
