Business Buying Pitfalls to Avoid
Becoming a business owner is an exciting endeavor. Some look to build a business from the ground up. The startup phase is particularly grueling. Should you want to become a business owner, but bypass the startup phase, you may want to consider buying an already existing business. Just remember, however, that passing over the...
What to Do If You Have a New Business Idea
You can up with an exciting new business idea! Now what? Do not let this burst of inspiration fizzle out. There are steps you can take to turn your business idea into a reality. It will require doing your due diligence. It will also require accessing business resources and building your community as you...
What Are the Benefits of Alternative Dispute Resolution?
Not all business disputes need to head straight to the courtroom for things to be resolved. In fact, there are a variety of other ways to resolve points of contention in your business dealings without having a full-blown trial. Parties to a business dispute may employ alternative dispute resolution (ADR) techniques in...
What Voids a Non-Compete Agreement?
In its most basic sense, a non-compete agreement is a legal contract put in place to prevent an employee from going to work for a competitor of his or her employer after leaving the business. Alternatively, and more formally, referred to as a covenant not to compete, this legal contract works as...
What Does the Coronavirus Aid, Relief, and Economic Security (CARES) Act Provide for Small Businesses?
In the midst of the Coronavirus pandemic, stay-at-home orders and the closure of non-essential businesses are just a few of the measures that have been passed in an effort to protect the well-being of everyone. These same protective measures have, however, had staggering impacts on small businesses across the country. Closures and layoffs have...
Can I Get a Small Business Loan Under the Coronavirus Stimulus Plan?
In the midst of the Coronavirus pandemic, the U.S. has experienced a severe economic downturn that has hit communities and businesses hard across the country. Stay-at-home orders and social distancing guidelines have forced many small businesses to close their doors temporarily and, in some cases, permanently. There have been employee layoffs. In the wake...
What to Look for When You Are Buying a Business
What Should Be Included in a Service Contract?
Whether you are a service provider or a business hiring a service provider, you should be knowledgeable about what is in the proposed service contract. The service contract outlines the business relationship being established. It benefits both parties to be fully informed about what the service contract should include. The contract will...
What to Do Before Selling Your Business
Things to Consider Before Buying A Franchise
Buying a franchise can be a great opportunity. Entrepreneurs can shop around and see what type of franchise seems to be the right fit for them. With the right franchise, you can become a part of an already successful business set up with a pathway to profit that is shorter than starting a business...