Do you have employees and independent contractors at your service? If you do, it is important that you label them correctly. Labeling independent contractors as employees, and vice versa, can have far-reaching implications for your business. Whether it is intentional...
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Year: 2023
Can you expel your business partner?
Having a business partner comes with significant benefits, from increased capital and borrowing capacity to accessing top-notch talent and support. Business partners should have a binding agreement that covers everything regarding the partnership, including...
Ensuring that your trade practices are fair
The corporate world is notoriously competitive, and companies are constantly seeking innovative ways of getting ahead of the competition. Sometimes, the line between being innovative and breaching rules and regulations isn’t always that clear. One thing that you need...
What entrepreneurs should know about securities when seeking investors
Investors play a critical role in the success of a business, particularly startups. When courting an investor, however, there are many detailed securities regulations to comply If you are an entrepreneur interested in finding investors, these are some of the...
What should your employee handbook contain?
Your company has been expanding over the years and you now have dozens of staff members. You have met them all but you delegate the hiring process to your managers now. Nonetheless, you’d like to instill your company ethos and values into each and every employee. How...
Thinking of suing a business associate? What should you consider?
Did you catch your business partner siphoning off company funds? Perhaps the supplier of indispensable materials routinely violates your business contract. Whatever the case, seeking a remedy through the courts is often the most appropriate response to potentially...
Defense options when facing a breach of contract claim
You create a contract when you go into business with a client, vendor, or another business. Contracts are a crucial part of any business relationship. However, you may face a situation where someone you have a contract with claims you breached the terms of the...
How mergers and acquisitions can lead to widespread discrimination
There can be cultural conflicts when the existing workforce at two organizations merge into one, as a significant degree of redundancy is likely. This overlap can drive interpersonal tension and lead to a massive increase in operating expenses. Workers often feel...
Are your job postings discriminative?
You should be strategic when writing job advertisements. A posting should include all the relevant information about the position and the company to help applicants make informed decisions. However, your ads may portray you as a discriminative employer. Here are...
My partner has stolen my trade secret. What next?
If you get it right, a business partnership can be the best decision for your entrepreneurship journey. A properly structured business partnership allows you to pull resources, skills and expertise together for a successful venture. But what happens if you learn that...