When business owners form a partnership, the goal is to pool resources and talent to launch a successful enterprise. Business relations with a friend or former college roommate can prove to be challenging, however, if they have different ideas about how to run the...
When you go into business with a partner or partners, there is generally a mutual understanding of how the business should be run, what the goals for the business’ future are, the scope of the business itself and the rights of each partner. These details, often...
For businesses which own real estate, there are plenty of obvious issues which must be dealt with consistently. From taxes to maintenance, problems can come from just about anywhere. The problem of adverse may possession may not be as common but, when it rears its...
A lot of small businesses take pride in their ability to build relationships and conduct their affairs in an efficient manner. In many circumstances, this means that businesses choose to forego the formalities of written contracts, instead operating on the strength of...
It is a basic part of a business’s overall blueprint for success to carry the insurance it needs. As is the case with individuals, businesses rely on their insurance companies to pay up when there is a claim. After all, that is why businesses pay premiums....
Going into business with a partner can be a rewarding experience. Having someone to share the highs and lows of business ownership with you can help provide a variety of opinions and insights into your enterprise as well as share the workload. But, like any...
Companies misrepresenting income or other information material to their operations may face a shareholders' lawsuit. Whether a business has a few stockholders or thousands, management must provide accurate information. If you are an investor with reason to believe the...
Litigation is expensive, time-consuming and it can potentially ruin valuable business relationships. This is why savvy business owners go out of their way to avoid needless litigation. One good strategy for avoiding litigation is to try arbitration as a substitute....
An insurance policy is a contract. You make an agreement with an insurer that the company will cover you for different reasons, whether it be personal or property related. If the insurer breaches that contract, you may not receive the money you are due. The insurance...
No matter what business you are in, it is usually to your advantage to try and avoid litigation at all costs. Litigation can be very expensive and it often ends up taking up a great deal of time. Not to mention, litigation can seriously harm business relationships....
