Business contracts require planning and a firm hold on your goals, the risks and much more. When it comes time to negotiate, even the best contract may fall short. Although a bad negotiation may not make it on the list of negotiation failures, it still affects your...
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Common pitfalls of using an online incorporation service
Many budding entrepreneurs opt to incorporate their businesses and obtain important legal documents through convenient online services. While these options may be quick and affordable, you might stumble into some significant pitfalls if you choose this method. Whether...
What do I do if I signed a bad contract?
Someone you know and trust wants you to go into business together. You sign a contract and then later discover your friend was dishonest. You signed a bad contract. What can you do? If you are trying to get out of a bad contract, you need to know if a court of law can...
What to consider before selling a business
For business owners, there usually comes a time when selling becomes sensible. The motivation could be retirement, a desire to work in a different field, or pure profit. Either way, the transaction needs proper consideration. There are many moving parts when putting a...
What constitutes a breach of contract?
A business contract is the written agreement between parties to memorialize what they will do for each other. A breach occurs when one side does not fulfill the respective terms and conditions. A breach of contract means one party has broken the agreement. Not all...
What permits does your online business need?
You have everything ready to get your online business up and running. You created a product or service, designed a fantastic website and have excellent social media marketing skills. You are ready to start making money from home. Or are you? Before you begin, there...
3 key steps to starting a business
There are many steps involved with getting a business up and running. If you are starting your business at the very beginning, this can feel like a daunting task, but you are among many business owners doing the same thing. According to the Small Business...
3 essential elements of a solid business contract
From exchanging goods and services to leasing commercial real estate, the success or failure of your business ventures may rest on the strength of your contracts. In the U.S., the Uniform Commercial Code ensures equitable enforcement of contracts from state to state....
Thinking of purchasing a struggling business?
Aspiring business owners in Texas often think of starting a new venture from scratch. But entrepreneurs that limit themselves to only this possibility may miss the opportunity to take control of a struggling business entity with growth potential. Finding success with...
Tips for conducting a business contract negotiation
Whether you're new to the world of business contracts or you're a seasoned veteran, negotiation skills can stand to be brushed up on. After all negotiating can be a tricky subject to breach, and no matter how cut and dry and safe one may feel going into a negotiation...
