When companies take competition too far, they can cross legal lines and cause serious trouble for other businesses. That's when the concept of “tortious interference” often comes in. One party may be guilty of tortious conduct when they interfere with another party's...
Nationwide statistics show that most lawsuits reach a settlement before they reach the trial stage. After all, people tend to gravitate towards the least risky option with the greatest certainty of reward. Still, if you've been offered a settlement for your business...
Arbitration is a form of Alternative Dispute Resolution (ADR) whereby the interested parties refer their issue to an arbitrator—usually just one but sometimes a tribunal—who will review the evidence and listen to each party’s case in a relatively informal hearing, and...
As a small business owner, it can sometimes feel impossible to do it all. It's difficult enough to ensure that employees are performing quality work, let alone have to be concerned about issues with problems including attendance, the dress, and how each employee...
The Fair Labor Standards Act (FLSA) was originally established in 1938 and has since seen numerous updates and amendments. This federal statute governs numerous aspects of employment law, such as things like minimum wage, overtime, child labor laws, and much more. The...
You have an employee on your hands with definite performance concerns…and even a bigger problem now: You need to terminate their employment. Today business owners are more cautious about terminations – especially because they never know what will come back to them. If...
Unfortunately, there is simply no foolproof way to guarantee that your company will never get sued. You can prepare all you want and take every step possible to try to prevent lawsuits, but we live in a litigious society where just about anyone can sue your business...
Buying an existing business can be a great way to expand your holdings and increase your revenue. It can also be a money pit waiting to happen. Before moving forward with the acquisition of a business, you should ask yourself and the seller these five key questions in...
Regardless of whether you are a supplier or a distributor, your business could benefit from a distribution agreement. A distribution agreement is a legally binding contract between a seller of goods and a distributor that outlines the details involved in the sale and...
When manufacturers and suppliers need to sell their products or services to the public, they commonly use experts called distributors. As independent entities, distributors serve as a bridge between companies and their customers. Distributors can buy your products for...
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