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...
Business Law
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...
Void and voidable – what’s the difference?
A mistake a company may make is entering a lawsuit over a valid contract. A company may want to sue for various reasons: invoice disputes, project below acceptable standards, etc. However, a company not meeting expectations isn’t a legal dispute, it is business. There...