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Business Law Archives

Do we need an operating agreement for our business?

There are numerous legal documents that entrepreneurs would be wise to have in place when they are starting their business. These documents establish rules, business structure, employment policies and myriad other factors that affect the way a company is set up and runs.

What are poison pill provisions?

When control over a business changes hands, there is the potential for considerable disruption. Employees may be worried about their jobs; partners may worry about existing agreements; customers and clients might not like the change and stop supporting the business.

Administrative tasks to complete when starting a business

When starting a business, many new owners focus on the big picture, from ideas for a product to the potential for success. However, these big-picture plans may never be realized if an owner fails to properly address the finer points and administrative tasks necessary to get the business up and running.

4 things you must do if you start a business with a friend

Starting a business can be a frightening, but exciting, experience people rarely do alone. Most business owners require support, encouragement and contributions from others to get the business off the ground. This is why many people often decide to start a business with a friend.

5 elements of a sound business plan

If you are thinking about starting a business, you probably already know that it is a major undertaking. You must think about everything from securing funding to pleasing initial customers. One critical tool that can help in each of these areas is a solid business plan.

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