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No matter the size of the business or the scope of the mission statement, running an organization can often feel like a chaotic adventure. When a partnership comes to an end, however, it is not uncommon for business owners to feel frustrated and overwhelmed by the...
Candidate Joe Biden made many promises on the campaign trail. One that caught the ear of businesses was the promise to limit the use of non-compete agreements, particularly among low-income workers. Since this was usually regulated on a state-by-state basis, it was...
Owners have a long list of concerns, particularly in the current economic climate. While keeping the lights on (literally or metaphorically) and paying employees are at the top of the list, it is a mistake to ignore or not prioritize potential lawsuits regardless of...
It is common for employees to miss work because they are ill or injured. Usually, this involves some sick days or a workers' comp claim. However, there are also long-term health issues that make it more challenging to work. It can involve a standard shift or an...
The Harvard Business Review once said that 70%-90% of business acquisitions fail. There can be countless valid reasons for why the deals fall through, such as the buyer and the seller not seeing eye-to-eye on the price. However, it is often a matter of the seller not...
Design professionals create living spaces or workspaces that provide shelter, inspiration, community and serve the needs of the owner or occupant. It is a complex job that takes creativity, education and hard work, so they deserve to get paid for their work. While...
While business divorce is often the result of dramatic circumstances such as breach of fiduciary duty or illegal activities, it is not uncommon for a partnership to dissolve based on more common challenges. No matter the size of the organization or the scope of the...
Each company's charter is different, but publicly traded ones will typically have different levels of ownership. This often means that there are three classes of securities: bondholders, preferred stockholders and common stockholders. Each has its advantages, but...
You’d never thought the moment would come, but now you find yourself thinking about suing your partner. Taking legal action can help solve the disputes you have with them, and sometimes it is necessary to do so. However, suing your partner is not a decision you can...
Many businesses or individuals are advised to avoid litigation when resolving a conflict. The reasons include the supposed cost of litigating, waiting for a court date, the risk of losing, and even the distraction of going to court. While these may be valid points,...