These days, every brand seems to be partnering with online influencers as a way to reach their target audience and boost engagement. However, the “Wild West” days of online influencing have passed. The Federal Trade Commission (FTC) has handed down rules that require...
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BUSINESS & COMMERCIAL LAW – Business & Commercial Law
Have competitors tried to push your company out of the market?
There are certain behaviors by businesses that can make it impossible for other companies to fairly compete with them. Many such practices, like establishing a local monopoly by acquiring all competing businesses, violate state and federal antitrust laws. Sometimes,...
3 areas a partnership agreement should address
A partnership agreement is essentially a contract that two business partners use to define their relationship. They’re starting a business together, but they need a framework for what that’s going to look like. Some business owners do skip this step, but that’s a...
Finding the right business partner
In business, it can be tough to go it alone. That’s why the overwhelming majority of business owners hire a team that they can trust. Part of that team may include a business partner. A business partner can share financial investment and the day-to-day tasks of...
What is an employer identification number?
Starting a small business takes considerable work, but it’s an exciting process. One thing to consider is that you may need the Internal Revenue Service (IRS) to issue your company an employer identification number (EIN). The EIN is your company’s unique number. There...
Business plans are fundamental for startups
Starting a new business takes considerable work. One of the fundamental tasks that you need to do is create a business plan. This provides the important information about the company that can help you to remain focused and on track as you start and grow the business. ...
2 tips for revamping the company culture after a merger
A merger is often a challenging experience for the employees who go through it. One of the most stress-inducing factors they may deal with is trying to figure out how the company will run after the merger. Business owners who are going through a merger can help to put...
Starting a business partnership with a friend
You and your closest friend have often discussed the prospect of embarking on a business venture together. Now, both of you are prepared to make the dream a reality. You have decided to establish a partnership, with both parties intending to evenly share the tasks...
Benefits of establishing your business as an LLC
Starting a business is a major undertaking that must be handled properly. One of the most important things you have to decide is what type of business structure you want to use. One of these options is a limited liability company (LLC). This is an option for companies...
2 tips for telling your employees about a merger or an acquisition
If you are merging your company with another or another entity is taking ownership, you need to communicate this matter to your employees. They may find out about it one way or another. And this can lead to misinformation that can create uncertainties about their...