Business Law

When you’re launching your entrepreneurial idea into a business, you cannot overlook how you want it structured. This is because how you structure your business dictates your autonomy and the enterprise’s long-term growth potential.  With quite a number of options...

Running a business is a major commitment. Business owners often spend well more than 40 hours per week taking care of company needs. All of that hard work and personal sacrifice can pay off when a business owner sells the company to a competitor, an aspiring...

Partnerships require cooperation, communication and an understanding of each other. That’s true of both business partnerships and more intimate partnerships. While there are many benefits in a partnership, they all have a potential for disputes, downfalls and...

Businesses use employment contracts as one way of mitigating operational liability. The terms included in a contract help protect a company from unfair competition and damaging employee conduct. It has become commonplace for employment contracts to include terms that...

A partnership can be a useful business structure that makes it easier to bring capital and diverse expertise into your company. But running your business with one or more partners can get challenging over time as new difficulties arise and priorities change. And if...

The limited liability company, or LLC, is a very useful format to choose when you are starting a business. Among other advantages, it protects your personal finances from the debts of the business. In this blog post, we will briefly look at the steps you must take to...

Creating a Limited Liability Company (LLC) offers significant advantages over other business structures. It affords greater control over your business and provides protection against personal liability. To maintain the compliance of your LLC, it's essential to manage...

Many business owners view corporate maintenance as a mere formality that could distract them from focusing on the actual business and managing its day-to-day operations. However, this process is vital in keeping a business going. Failure to apply it may lead to severe...

Passion drives most business owners to keep pushing their limits. Yet, there comes a time when entrepreneurs consider moving on. Whether driven by a major life change or an exciting new project, you might be ready to plan your exit strategy without realizing it. To...

When you first enter into an agreement, you create a contract that will protect and benefit your business in the long run. But no matter how perfect you think the contents of those initial contracts are, certain changes in circumstances will prompt you to update the...