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Liability can mean lots of things to a business owner. From a financial perspective, liability refers to money owed to other parties, including other businesses. Legally, liability refers to your obligation to follow pertinent rules and laws. When your business fails...
Moving your business forward is not always done in structured meetings in a conference room. Sometimes doing business can be a complex and fluid process. Rather than negotiating in an office, you might discuss terms over a round of golf or while you are having...
A contract breach can disrupt your workflow and jeopardize your company's success. A swift response at the earliest sign of ignorance can minimize collateral damage. Having a strategy in place for handling a breach of contract can provide direction and support...
Non-disclosure agreements are a controversial topic. Some people feel they provide much-needed protection for businesses, but other people feel they are unfair to employees. According to CNN, the California legislature is working on a bill that would ban NDAs in...
After a lot of deliberation and consideration, you feel ready to move your business into a physical location. Do you know how to protect yourself from becoming a victim of a poor business agreement? Forbes breaks down several warning signs when signing a commercial...
Protecting competitive assets is one of the most important parts of security for a business, no matter the size, industry or market. A popular way of doing this is by keeping sensitive information out of the hands of competitors. Nondisclosure agreements (NDAs) serve...
If your company stores clients' or employees' personal or financial information, you may be at risk of a cyber-attack. If cybercriminals target your business, your company becomes liable for any damages due to the attack. According to the National Institute of...
As a business owner or executive, you may pay closer attention to published accounts of litigation against companies within your industry in California. Often, when those companies come out on the losing end of court rulings, the accompanying civil judgments prove so...
A business’s cash flow usually reflects a critical factor in its success, or in some cases, its survival. Not receiving payment for goods delivered or work performed may cause a setback for many operations. A company may, however, file a lawsuit for nonpayment. As...
Savvy business owners know that litigation is a last resort. This is because litigation is extremely expensive and time-consuming. Litigation can also cost your business valuable business relationships. It is generally a good idea to try to solve disputes by means of...