An employment contract refers to the understanding of things such as job responsibilities, duration of employment and pay rate between an employer and an employee. Many employers have new hires sign a contract for various reasons when they come on board. Here are some...
Businesses of all sizes use contracts. While the process might seem routine, any party entering into a contract should remain mindful of the potential for disputes to arise. Contract disputes typically occur when one party fails to fulfill their end of the agreement...
Few personal processes are more complicated than divorce. This process involves people, their feelings and fears, and their joint assets, and few people come out happy. Most divorces also involve contentious property division of marital assets. These are the reasons...
Couples face many uncertainties when they decide to file for divorce. It is difficult to predict who will claim primary custody of the children, who will keep the current home, or what will happen to the family business. Depending on the nature of your business, some...
The past couple of years have forced business owners to contend with numerous challenges. Taking proactive measures to strengthen management practices and key relationships has helped businesses withstand tough times. Here are some ways that businesses have persevered...
The economic situation can change greatly during the lifespan of your company. A business plan can help ensure that you adjust to new developments. The Houston Chronicle says that studying the market can be a good business strategy. However, this requires you to...
Traditional banks typically turn down loan applications from new businesses that lack an operating history or satisfactory credit score. As a result, many Louisiana startups never develop beyond an idea. Fortunately, these alternative financing options can help your...
When you start a new business endeavor, you may want a partner to share the operational and financial responsibilities. While choosing the right person can support success, selecting the wrong partner can potentially result in conflicts. Keep these considerations in...
According to the IRS, a closely held corporation limits its shareholders to just a few individuals, often less than 35. Generally, at least half the shares of a closely held business must be under the ownership of no more than five people. Review the pros and cons of...
As a business owner, you know that you cannot oversee and manage your operation forever. At some point, you will have to pass your business over to someone else and hope that your operation continues to thrive. The U.S. Small Business Administration states that as of...
