Contracts are an essential part of all business activities. They establish trust and clarify the legal rights and obligations of all parties. There are numerous types of business contracts, all with their own functions. Here are three of the most common ones....
BUSINESS & COMMERCIAL LAW – Business & Commercial Law
How to look after your employees during a merger
If you are considering a merger then it is crucial you keep your employees (and that of the other company) at the forefront of your mind. The people who work for a company play a large role in its success, after all. Both sets of employees will find out about it...
Choosing the right business partner is the key to success
So, you’ve decided to take the leap and launch your business. Unless you are planning a solo venture, one of the first decisions to make is who to choose as a reliable business partner. Since this decision alone has a rippling effect on the success of your project, it...
Tips for protecting your business without noncompetes
If you’re a business owner, you’ve probably already heard that the Federal Trade Commission (FTC) has banned almost all noncompete agreements. The FTC says that noncompete agreements do far more economic damage than they should, by limiting personal freedoms and...
What does it mean to consolidate a business?
The act of combining one business with another can happen through different kinds of transactions. As an entrepreneur, you probably have a specific kind of combination in mind, to consolidate your business with another company. In an acquisition, one company buys...
How to protect a startup from legal issues
Launching a startup is a thrilling journey filled with excitement and ambition. However, amidst the hustle and bustle of entrepreneurship, you must protect your business from potential legal pitfalls. By being aware of the most common legal issues that impact...
How can business owners avoid legal issues?
While fulfilling, running your own business often involves a high level of risk. For instance, all business owners face legal risks that can result in lost money and a tarnished reputation. In some instances, legal issues may even result in the closure of your...