It is a dog eat dog world out there and businesses that cannot compete tend to fall to the wayside. As a business owner, you want any business venture to either make a profit or break even. Sometimes, to avoid too much loss, it is prudent to sell off to an acquiring...
At the beginning of a business partnership, partners often have a rosy view of the future. Cooperating to start and grow the venture is not usually difficult at this stage, as partners often have similar goals for the business. Eventually, though, friction may boil to...
Small business owners and large corporations alike often wish to minimize business disputes, as they may lead to lawsuits and litigation. Disputes can also harm business relationships,which may potentially harm a company’s bottom line and future collaborations,...
One of the virtues of capitalism is competition, and healthy competition may help keep the economy balanced and the consumer happy. Unfair competition, though, seeks to gain an advantage by employing unlawful means. New Jersey statutes are in place to protect you and...
When a company chooses to hire freelancers for a project, it can be beneficial for the freelancer and the business. Unfortunately, there are instances where a contract with a freelancer can result in a contract dispute. Not all projects require full-time employees to...
No matter how well you run your business, circumstances outside your control can cause disruptions. World events, loss of key employees, and many other situations can result in a major setback for your business. And when these issues have a serious effect, you may...
If you have ever started or grown a business, you probably know how invaluable in-house counsel can be. Rather than having to hire an attorney for every legal matter that arises, you simply walk down the hall and have a conversation. Having an attorney on your...
As the name implies, a nondisclosure agreement aims to keep select information from disclosure to other parties. The need for this protection arises in a multitude of business scenarios from potential business sales to partnership discussions and more. As Forbes...
Many people who run a business wonder who will take over as owners or partners if they choose to step down or if a calamity happens and they can no longer serve as part of the business leadership. Failing to have a procedure in place to pass on ownership interest can...
A bad contract can ruin a deal. A good contract can lock in a solid business deal and secure your rights to property, money or services. How you draft the contract can determine whether the contract will be a liability or an asset. Forbes suggests ways to draft a...
