Entrepreneurs developing new business concepts are often eager to move forward as quickly as possible. They want to establish themselves in an as-of-yet unoccupied economic niche before competitors get the same idea. The beginning of a business is a time when people...
Business-Employment
3 staffing concerns with planning a merger or acquisition
Having the right talent on staff is crucial for the long-term success of a business. Companies often hire specialists to help recruit and train talent. Some organizations even work with outside companies and professional recruiters for that purpose. Workers are one of...
3 important inclusions in a business partnership agreement
A business partnership is one of the most influential relationships a person can establish. A partner contributes money and talent toward an entrepreneurial endeavor. Their work and ongoing financial support can be crucial to the company's long-term success. Those...
3 risks when turning blue-collar skills into a small business
Discussions of entrepreneurship often center those who have experience running businesses, like executives and managers. However, there's another group of individuals who may also potentially benefit from starting their own businesses. Blue-collar professionals who...
The FTC has announced a rule banning noncompete agreements
The Federal Trade Commission (FTC) helps to regulate economic activity across the country. Policy guidelines established by the FTC can have a major impact on day-to-day business operations. Sometimes, the FTC makes aggressive policy changes to correct for certain...
Mergers and acquisitions may now be subjected to more federal scrutiny
Large business transactions can potentially be very profitable for companies and the parties invested in those organizations. A merger or acquisition could give one business access to the work of very skilled professionals or key intellectual property, like patents,...
How do nondisclosure agreements protect businesses?
Nondisclosure agreements (NDAs), also known as confidentiality agreements, play a vital role in the business world by safeguarding sensitive information. These legally binding contracts create a confidential relationship between parties in order to protect...
3 instances when buying out your business partner might be smart
When it comes to business partnerships, it’s crucial to acknowledge that there may come a time when an initial collaboration may need to be reevaluated. Business environments are constantly evolving, and sometimes, so should business partnerships. If you are in a...
3 signs it may be time to change a business’s legal structure
During the business formation process, the average entrepreneur spends a lot of time thinking about what structure would be best for their company. Some people want to start corporations, while others would prefer to keep the arrangements as simple as possible....
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...