Protect Your LLC: Operating Agreement Provisions for Absent Partners
You and your business partner are excited. You have a great idea, complementary skills, and big plans. The last thing on your mind is what happens if one of you stops showing up.…
Browse 11 articles tagged with Business Contracts & Agreements.
You and your business partner are excited. You have a great idea, complementary skills, and big plans. The last thing on your mind is what happens if one of you stops showing up.…
You started a business with someone you trusted. You split the work, pooled your money, and filed the LLC paperwork together. Then, somewhere along the way, your partner stopped s…
You’ve found the perfect small business to buy, maybe an absentee-owner gas station, a local auto shop, or a cozy café. The broker sends over some initial point-of-sale reports an…
Small businesses in Cedar Rapids often sign contracts without really looking them over. That simple oversight? It can cost way more than you'd think down the road. About 73% of co…
Local businesses have a unique advantage when prioritizing transparency in their customer contracts. Unlike large corporations that often hide behind complex legal jargon, s…
In this quick and easy guide, we give you our top contract tips. You’ll learn: Which contracts business owners should be using How to make a contract legally binding What to do if…
Cornell Law School says, “A breach of contract occurs whenever a party who entered a contract fails to perform their promised obligations.” Put simply, breaching a contract is bre…
Every contract has one two core elements: a promise and an exchange of value. These aren’t legal jargon. Whether you’re partnering with another business, licensing intellectual pr…
A lot of people thing that a contract needs to be complicated to be legal. Is that true? No. A contract doesn’t have to be complicated to be legally binding. So what makes a contr…
The fine print can be more than you bargained for. In 2010, a UK-based video game retailer, Gamestation, played a prank by sneaking a bizarre clause into their terms and condition…
What would you call your computer, cell phone, your notebook, blue-light glasses, or a pen on your desk? Each of these things are tools. You use them to get work done and, ultimat…