As a business owner, you've likely taken steps to protect your company's sensitive information, trade secrets and intellectual property by implementing confidentiality agreements. These legal documents are designed to create a trusted environment where employees and...
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Business And Corporate Law
3 times a business could take action over unfair competition
For the most part, businesses have no control over what their competitors do. They need to be ready to adapt in an instant to innovations in their industry or to a competitor becoming incredibly popular due to a social media marketing campaign. The requirement to...
Holding a contractor or vendor responsible for nonperformance
Businesses often rely on outside parties for elements key to the organization's success. They may hire a contractor to provide payroll services or contract with a vendor to provide materials for manufacturing. It can take many days of negotiation to arrive at a deal,...
3 means of preventing employment conflict from harming your brand
Your reputation as a business is crucial to your success. Consumers choose who they hire or purchase from based in part on their perception of the companies offering certain services or products. You also need to maintain a positive image as an employer if you hope to...
2 reasons you may want to change your business type
One of the most important early decisions you make when starting a business relates to the form of the business or its legal type. There are numerous different business entities, from nonprofit corporations to sole proprietorships. Each offers certain benefits to...
What do business owners need to know about EPA regulations and compliance?
The Environmental Protection Agency (EPA) develops and enforces environmental regulations. Business owners are likely familiar with some of the more common regulations, like the Clean Air Act, Clean Water Act, and Endangered Species Act. Other examples include the...
Can vague language hurt a business contract?
Whether at the drafting stage, reviewing a document before signing it or facing courtroom litigation regarding a breach, the strength of a contract is crucial. Many businesses understand that a contract forms the backbone of any vendor relationship, employee agreement...
3 advantages of establishing a limited liability company
Choosing the right business structure is one of the most important decisions you have to make as a business owner. Your business structure will determine your legal liability, how you pay for taxes and with whom you can share the management of your company. One of the...
Overview of Paycheck Protection Program Flexibility Act of 2020
On June 5, 2020, Congress enacted the Paycheck Protection Program Flexibility Act of 2020 (the “Flex Act”), amending certain provisions of the Paycheck Protection Program (“PPP”) authorized under the CARES Act. The Flex Act, together with recent guidance and interim...
Important Overview of CARES ACT
President Trump recently signed into law the $2 trillion stimulus package, titled the Coronavirus Aid, Relief and Economic Security Act, or “CARES Act.” This is a brief summary of that 854-page bill. This summary is not comprehensive. Excluded provisions include...