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Businesses count on their reputation to draw customers in and keep those customers loyal. Unfortunately, there are times when people or other businesses make false statement against a company. Those false statements may be defamation, which is different than a review...
Disputes between business partners can result in considerable negative impacts on their shared company. Because of this, it’s typically best to handle partnership disputes behind the scenes so they have minimal effect on the business. Almost all partnerships are...
In business, a minority shareholder holds less than half of a company's shares. This person usually has limited control compared to majority shareholders who own more than half. Still, there are ways a minority shareholder can gain significant influence. Understand...
Business partners share a lot of risks and (usually) a huge amount of operational responsibility. During the early stages of a startup, partners may be the main players at an organization. In fact, they may be the only employees. Partners typically commit to specific...
A successful succession plan is a safety net and a blueprint for continued prosperity. Yet, the complexity of human dynamics and the unpredictability of the future make it challenging to navigate. Without it, a company's profitability, vision and legacy can falter....
The point of buying something new is that it is pristine and fully functioning. This expectation goes for residential and commercial real property as well. However, problems known as construction defects can arise, leading to unexpected headaches and expenses and...
People want their relationships with their business partners to remain positive and profitable. Unfortunately, some partnerships eventually sour. One partner may feel frustrated by the other's job performance or seeming lack of commitment to the business. The partners...
In the realm of family businesses, the term 'shareholder' refers to an individual or entity owning at least one share of the company's stock, thus, a fraction of the company itself. These shareholders can range from external investors to family members who have been...
Disputes between commercial landlords and tenants can be complex, with significant financial implications. They also can be disruptive to conducting business and harm a professional reputation. While they may be unfortunate in commercial leasing, the problem can be...
An anticipatory breach, also known as anticipatory repudiation, occurs when one party to a contract indicates that they will not fulfill their contractual obligations. It can happen through an explicit declaration of intending not to perform or actions that render...