Forming a business requires more than just a great idea. Also requires commitment, investment and follow-through. The moves that you make in the early stages of starting your company could help or hinder its growth for many years to come. Whether you want to start...
Business Formation
What purpose does a “good faith and fair dealing” clause serve?
Every contract features an implied "good faith and fair dealing" covenant. That covenant serves as a mutual promise that each party will do their best in carrying out their responsibilities as per the agreement. This clause also serves as a commitment that each party...
How to find the right business partnership
If you are interested in developing a business partnership, it’s important that you know what to look for in a good partner. A business partner is invaluable if they’re the right person for the job, so choosing the right person does matter. Business partners are...
Is it time to switch your company from an LLC to a corporation?
If business is booming and your startup LLC has grown significantly, it may be time to look into converting into a corporation. There are many reasons that you may want to change your company’s structure, and doing so will help you gain the benefits of a new...
Setting up your business: How do you begin?
When you are starting a new business, the first thing you need to do is to decide what kind of business entity you want. Will you structure your company into an LLC? Do you want to have a corporation? Would a sole proprietorship be right for you? These are important...