In the world of business, safeguarding your sensitive information is important. An effective tool for doing this is a non-disclosure agreement. This legally binding document establishes the terms and conditions under which individuals or entities can access and share...
Business Law
6 reasons California business owners can legally break a contract
Contracts are the backbone of many business transactions, outlining obligations and expectations for all parties involved. According to a study conducted by the California Department of Consumer Affairs, contract disputes are among the most common legal issues faced...
What is corporate due diligence and why is it necessary?
People usually tell you to make sure you perform your due diligence before starting a new business or purchasing an existing one. It seems logical, doesn't it? Before starting any new business endeavor, you should be fully aware of what you are getting into. Having...
Why every business needs policies and procedures
Every business faces the risk of legal liability and compliance issues. Having well-written policies and procedures helps to mitigate these risks. Not only do they guide employees and managers, but they can also help protect the business in case of a lawsuit or...
Is your business in dispute with a supplier?
Your company started off small but has expanded significantly over the years. As the business has spread its wings, you’ve started to enlist the help of other companies, such as suppliers, so that you are always able to meet demands. Usually, this process runs...
Elements of a non-disclosure agreement
If you would like to protect sensitive information belonging to your business from getting into the wrong hands, a non-disclosure agreement (NDA) can help you achieve that. NDAs are legally enforceable contracts that create a confidentiality agreement between the...
Onboarding executives in California while protecting trade secrets
Your company needs to know both state and federal employment laws to avoid mistakes that can damage its reputation or cost money. Complying with federal regulations won't be enough. California state laws offer more robust protections for employees than federal rules...
How can you handle a partnership dispute?
Going into business with someone else enables both parties to draw on the experience of the other person. These arrangements can be lucrative if they’re handled properly. While most partnerships work well, there might be times when disputes occur. A dispute can have a...
Why a business plan is an entrepreneur’s best friend
More and more people are exiting the traditional workforce in favor of starting their own business. From stagnant wages to uninspiring work environments, there are plenty of valid reasons to crave something different. Entrepreneurship is attractive to creatives and...
3 reasons you will benefit from a written partnership agreement
Starting a partnership is exciting, as you are likely enthusiastic about your business plan. You may be so focused on finding facilities or developing a prototype that you don't stop to think about the importance of an agreement with your partner(s). There are...