Mistakes are part of the process of starting a new business -- but some mistakes can end your dreams before they really get started. Want to avoid some of the most common mistakes new business owners make? Follow these tips: Get a separate business account If you're...
When you and your partners operate a business together, you all have a legal obligation to act in the company's best interests -- that's your fiduciary duty. Unfortunately, some people treat a business as their personal fiefdom, to pillage for their own best interests...
There's been a lot of talk in the news lately about what it takes to make a contract legal. The Stormy Daniels affair, for example, revolves around a contract that was only signed by one party. Daniels claims that since the other party never signed, she isn't bound by...
There's nothing like an eviction to put a landlord and a commercial tenant at odds and civility out the window. The reality is that anyone running a business can face financial problems that can end up in an eviction. It's just one of the hazards of life for...
Shootings in high schools and other places have been the focus of a lot of controversy -- which means that everyone in the news industry is looking for a spin that will attract interest. One high-profile site, the InfoWars blog run by controversial conspiracy-theorist...
Restraint clauses are a necessary item in most contracts with highly-placed employees and contractors. They set boundaries and protect the legitimate interests of a business. However, before you rush to enforce a restraint clause in a contract when one of your former...
Things seldom go entirely as planned in any construction project, which is why change orders were invented. However, there are limits to what's reasonable and expected. Too many change orders end up complicating a project, lead to financial difficulties for everyone...
Every business owner wants to avoid entanglements with unscrupulous partners, employees or associates. If you make a mistake, your misplaced trust can end up destroying everything you've worked so hard to build. What are the signs, though, of business professionals...
If a contract clause can reasonably be interpreted in more than one way, that's an ambiguous clause -- and a potential problem for your business. For example, what happens if a contract reads "Employees will be reimbursed for their out-of-pocket expenses during their...
If you run a business, it's probably no surprise that happy employees make for a better business. The power of happiness can manifest itself in productivity increases up to 12 percent. The power of unhappiness, however, may be even more profound. One disgruntled...
