Blog Posts - Business & commercial law
What kind of person makes a good business partner?
Launching a new business venture on your own can be daunting. For some people, sharing responsibilities can be very helpful. This is where a business partner comes in. A business partner can share financial responsibility, help with day-to-day issues and shoulder some of the legal liabilities too. However, forming a...
3 important considerations when starting a new business
Starting a small business can potentially change someone’s life. Those who form and operate successful businesses can become their own bosses and take control of their financial circumstances. The process of developing a new business can be challenging, as the decisions someone makes early in the creation of a company...
3 things to do when you are in dispute with your business partner
Business partnerships offer significant benefits, from access to new talent and markets to having a support system. However, you and your business partner can be in dispute due to different factors, such as a breach of contract and misunderstandings. You should handle such conflicts carefully to protect your business. The...
Has a customer failed to pay their bill?
Your company prides itself on providing top quality products and services at a competitive price. Thus, you have been quite successful in your commercial activities. You have a catalog of repeat customers and you’re also attracting new clients all the time. However, it hasn’t always been plain sailing and you’re...
Which parties can you be in disputes with?
When you run a business, you may be in dispute with any involved party. Despite observing the required measures to be a reliable party, you may still conflict with some people and potentially face a lawsuit. This guide discusses four parties you can dispute with: Employees Your employees have roles...
Operating agreements: What are they and why do you need them?
Setting up a new business is an exciting, and often stressful, time. You want to make sure that you’re doing everything right and are complying with all the legal requirements expected of you. If you’re running your business as an LLC, an operating agreement can be the answer to defining...
Encouraging prompt payments from your customers
You have loyal customers and you’re also managing to attract new clients. Usually, business runs smoothly. You provide a high standard of service and your customers are happy to pay for this. Unfortunately, there are a few customers who have been late with payments. Not only is it time-consuming to...
Is a rival firm defaming your company?
Companies with sound reputations tend to succeed while those who do not have this fall by the wayside. Reputation is everything in the corporate world; you and your rivals know this. Ideally, you’d all operate fairly within the same market space. Unfortunately, the corporate world can be ruthless and not...
Reducing employee complaints in your company
You have an established company that started out small but is gaining momentum all the time. You want the operation to run like a well-oiled machine with as few hiccups as possible. One of your top priorities is getting the most out of your employees and ensuring that they...