Those who own, manage and/or operate a business have a lot of day-to-day responsibilities. They generally need to ensure the smooth continuation of basic business functions, which typically requires that they negotiate effective contracts. Employment contracts help...
Year: 2023
Most common reasons for DWI stops
There are many reasons law enforcement pulls drivers over for suspected DWIs. Law enforcement knows the most common things to look for when patrolling highways. Some behaviors on the part of drivers raise a red flag and indicate a possible individual driving under the...
3 challenges executives must address when planning a merger
A merger can be an exciting opportunity for both of the companies involved. They can gain access to intellectual property, proprietary processes, new facilities and the best talent in the industry. They can also potentially expand their market share and company reach...
Key tips for succession planning in 2023
As a business owner, are you starting to think about what’s going to happen to your company after you leave? Maybe you’re getting ready to retire. Maybe you’re making your estate plan and thinking about how you want to distribute assets. Your business is a major...
Key questions to ask when starting a business
You’ve always wanted to start a business. It’s definitely exciting as you move close to this goal. However, it’s important not to get ahead of yourself. You don’t want to overlook key steps or make mistakes that could hold the business back. Gathering information...
Patents, trademarks and copyrights: What’s the difference?
Intellectual property (IP) is an essential aspect of any business in the modern era, and it's crucial to understand the different types of IP protections available. You’ve probably heard of three of the most common forms of IP protection – patents, trademarks and...
Which roles at an organization require succession planning?
An organization is only as successful as the leadership that drives it and the workers who provide daily labor. Major changes in the executive talent at an organization can have devastating consequences for the company's stability. Someone in a leadership role making...
How contracts protect your company when hiring workers
Every new staff member that you hire can substantially increase your company's operational abilities. However, the more workers you have, the greater the possibility of a conflict, a lawsuit or some other issues affecting your business's operations or profit margin. A...
Commingling personal and business assets is a common mistake
Businesses often start small and then grow according to how quickly they succeed. Although there are those who find investors before they ever start their businesses, many entrepreneurs are their own primary supporters. They know their idea has merit, so they do what...
What is a business plan?
Are you starting your first business? Then you likely have tons of questions. How can you make a profit? Who are you advertising your business to? Will your business survive a drastically changing economy? Before you start anywhere, you need to lay out a foundation to...