Small Business Legal Playbook|Play #9: “The Dreaded Coin-Flip”
Welcome back to another week of the Small Business Legal Playbook! Play 9 is titled “The Dreaded Coin-Flip.” All fans in the NFL dread the coin-flip, especially in over-time. If your team calls the flip correctly, it can be the difference between winning and losing. We spoke last week about the unique issues family owned […]
Small Business Legal Playbook|Play #8: “Family Business”
Welcome back to another week of the Small Business Legal Playbook! Play 8 is titled “Family Business.” In some sports, the franchises are owned by families. There’s no better example than in the NFL, where many teams are owned and controlled by single families. Sure, it’s on a different scale from a start-up, but even […]
Small Business Legal Playbook|Play #7: “Overtime”
Welcome back to another week of the Small Business Legal Playbook! Play 7 is titled “Overtime.” In some sports, overtime means sudden death, and whoever scores next wins the game. In the NFL, whoever gets the ball first in overtime knows exactly what they need to do to win the game. If they score a […]
Play 6: Arbitration Clauses
Welcome back to another week of the Small Business Legal Playbook! Play 6 is titled “Arbitration.” In some sports, arbitration means that the players and the teams agree ahead of time to allow a neutral third party to decide on the merits of the case, and they agree to be bound by the results. In […]
Play #5: “The Employment Agreement”
In football, it seems clear who the employees are, and who the employers are, and everything is out in the open. Unlike at your business, where your employees don’t know what their peers are making, everything is out in the open in the NFL. Everyone knows how much everyone else is making, from the rookies, […]
Play #4: The Forum Selection
Welcome to another week’s Play from my Small Business Legal Playbook. I hope the tips are helpful to you and your business, as these Plays are specially designed to give you a little insight on the legal side of running a small business. People enter contracts on almost every day of their lives, often without […]
