Selecting a business partner might be the single most important decision you make when trying to start a business. It may even be more important than even selecting what your business will do.
Read MoreThe law provides protection for your business name, but only if you follow the right steps. If you fail to take these steps, your protection diminishes significantly. Not only that, but you name is often one of the most valuable parts of a business, and if you don't own your own name, just how valuable can the rest of your business be?
Read MoreThe dynamics get even more complicated when there are more partners involved who get tossed around between the quarreling spouses.
Read MoreWhat To Do When Your Business Partner Is Unable To WorkWhen two or more entrepreneurs start a partnership business, they should sign a contract that includes all the terms and conditions of the business. The contract usually states how the assets, profits and responsibilities will be shared by the partners.
Read MoreA business may go haywire after the sudden death of a business partner if the partners failed to realize the importance of a partnership or operating agreement. Of course, there are risks involved because a sudden death would mean thousands of issues left unsettled, which otherwise could have been resolved if all the terms and conditions had been clearly mentioned in an agreement.
Read MoreUsually, entrepreneurs have calculated the value of their business based upon how much money the business makes in a given year. When I give them the harsh reality, they're often pretty shocked.
Read MoreProtecting your logo is simple, but registration can greatly increase its protection.
Read MoreHey, we can still be friends!
Read MoreThere are dozens of ways to protect a business idea, and a patent is only one
Read MoreIf you have to fire a business partner, there are a hundred ways to get it wrong
Read MoreThe Alabama Limited Liability Company Law of 2014 makes substantial changes to the way LLCs operate in the state.
Read MoreWhen a partner wants to leave the business, there's a number of things you must do before you can write them off the books.
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