What Does Consideration Mean in a Business Contract?
Business contracts can be complicated for a small business owner, even when it comes to things like terminology. For example, in everyday speech, the word consideration means that you are giving something careful though. However, in business, it has a very different connotation, especially when it comes to business contracts. Let’s discuss the legal definition […]
5 Things That Could Get Your Trademark Application Rejected
Trademarks are an important part of a business. You want your company to stand out as unique. That includes not only the name of the business but also your unique logo. As a result, it’s a good idea to trademark some of your branding content. However, this isn’t always as straightforward as it sounds. Just […]
How Does Getting a Patent Work?
Have you finally come up with that great idea that is going to make you wealthy? Maybe you have developed some proprietary software for your business, or you developed a superior way to perform a service that gives you a leg up on your competitors. We’re going to discuss when you need to get a […]
Is It Possible to Split from My Business Partner?
A partnership can sometimes be one of the trickiest business formations. After all, no matter how similar your vision for the future of the company, no two people will ever have the exact same ideas on how to get there. Consider the following scenarios where two people may want to get out of a business […]
How Difficult Is It to Fire an Employee from a Corporation or LLC?
If you are a small business owner, even if you are operating the company as an LLC or another corporation type, you realise the importance of hiring quality employees who will increase business profits. If you have a problem employee who just doesn’t fit in with your business model, how difficult is it to let […]
Why You Should Consider Making Your Business an LLC
If you are starting up a new business, you probably realize that you have a number of options as far as how to organize the company. We’re going to take a closer look at an LLC, and why it may be a good option for your enterprise. What Is an LLC? LLC stands for limited […]
