Investors can make a considerable difference in your company's exposure, growth and success. Creating sustainable relationships may enable your business to draw upon the skills and expertise of other like-minded professionals. Creating new investment partnerships...
Business & Commercial
What you need for your very first hire
Starting a business is an exciting but often stressful moment in any entrepreneur's career, but needing to hire your first employee might match it in terms of complexity. It is important to prepare your business organization ahead of time before hiring your first...
Is my non-compete agreement enforceable?
Particularly if your business revolves around sensitive information, you may have new employees sign a non-compete agreement. Non-compete agreements are unique in the business world. This is a contract that does not come into effect until after either the employee or...
How do savvy business owners handle succession planning?
Whether you are the sole owner of your business, have business partners or are one part of a large organization, you undoubtedly contribute a great deal to the venture. You may even be invaluable to the product or service your enterprise offers. Either way, effective...
Startup legalities: 3 Reasons to establish a business entity
If you are in the process of starting a small business, congratulations! This can be an exciting and rewarding time. With that said, there are some technicalities you need to consider as you move forward with this endeavor. In the United States, there are four kinds...
What is arbitration?
Smart business owners know that avoiding litigation is important. Litigation is time-consuming and takes attention away from other, money-making Ventures. Additionally, litigation can ruin potentially valuable relationships. It is better to try alternative means of...
3 benefits of having an employee handbook
When you own and operate an Alabama business, you may find that having an employee handbook benefits everyone involved in your operation. An employee handbook typically details your expectations of your employees and outlines the benefits you offer. It may also take...
Is a merger a good idea for your small business?
Making a huge decision about your business should take time and consideration. If you are thinking about a merger, you want to be sure it is the right move for your business and for you. SCORE explains that you will want to consider what the merger could offer for...
3 advantages of resolving business disputes through mediation
Four frequently encountered kinds of business disputes are partnership, employment, breach of contract and business to business, with the first one being the most common. Companies involved in such arguments may choose legal routes such as litigation. However, before...
Why should you consider alternative dispute resolution methods?
When you get involved in a business dispute, you do not need to jump to litigation immediately. In fact, you may benefit more from looking into alternative methods of dispute resolution. What are your options if you decide to take an alternate route? And what are the...