Any business owner knows that it is impossible to predict and plan for the countless challenges that can arise to threaten a business’s health. Fortunately, there are some tools – such as buy sell agreements – that can save you and your fellow owners a considerable...
Business Law
When employees violate non-disclosure agreements (NDAs)
Many business owners require their employees to sign non-disclosure agreements (NDAs) when they are hired. NDAs create a confidential relationship between employees and an employer. Employees cannot share sensitive and confidential information they have access to...
What are my options if I need to get out of my commercial lease?
It could be that your business has grown faster than anticipated, and it’s simply not feasible to wait until the end of your lease to upgrade to a bigger location. Or your company could be in need of downsizing, and you’re looking for a place with more affordable...
Restructuring your business: What you need to know
Restructuring occurs when a business or company decides to institute significant changes to its operational and financial structure. Although it is often due to a misfortune – such as bankruptcy – there are other reasons why restructuring may be in the best interest...
Four important considerations about the UCC for business owners
Our national economy is complex. Goods and products flow across state lines on a daily basis. The operational footprint of some large-scale companies spans multiple states, with warehousing and distribution centers scattered across the map. Extra-regional commerce is...
The standard licenses and permits obtained when starting a business
There are various licenses and permits from federal, state, and local governments required for one to start a business. For example, suppose you are planning to open a bar and grill in the Portland metro area, you will need to get all the necessary licenses and...
Should your business use liability waivers?
Business owners often are self-appointed risk managers. You identify risks and make informed decisions that benefit your company's economic health. Liability waivers are a risk-management tool you should consider. A liability waiver is a simple agreement between you...
Questions to ask before hiring a business attorney
Hiring a business attorney is an important step for any business. Even if you are an experienced business professional, the right attorney can help ensure that you keep all critical issues above-board and legal. The attorney also can help you prevent costly mistakes...
HR policies you can implement to protect your company
Running a company is tricky business. Sometimes, it can be tough to protect your company from lawsuits while also keeping your employees safe and happy. While there is no silver bullet that will guarantee that a workplace incident won’t occur, there are a few key...
How your company’s employee handbook may reduce its legal liability
There are many steps you must take care of as a business owner. Understandably, you would want to put some of your responsibilities on the back burner to handle later on. One task that you definitely shouldn't delay doing is drafting your company's employee handbook....
