As a business owner, you will likely be party to numerous contracts with employees, independent contractors, vendors, customers and landlords. Needless to say, it's important that these contracts protect your business, minimize potential disputes and maximize profits.
People don't often wake up and decide to start a business. Typically, aspiring entrepreneurs have had a goal or idea in one form or another for months or years before they can or will take the first crucial steps into pursuing it as an actual business.
California is typically on the forefront of legislative changes that affect (arguably adversely) small- and medium-sized businesses. In numerous industries, California companies set trends and priorities for the rest of the country, which is why people often pay close attention to the changes happening here.
Almost every successful business owner will face litigation, whether initiated by a lawsuit filed in court, a petition for arbitration or administrative complaint at some point in their career. At some point, at least one customer, client or business is bound to disagree with a businesses’ practices.
Consumer information is trending toward the center of most businesses. The technology industry especially depends on consumer data to reach broader audiences and provide the service their consumers expect.
Business contracts often play a pivotal role in the future of any business. Based on these negotiations and agreements, companies set their goals and define their expectations for the next chapter.
Statistics show that people in their 20's and 30's comprise a significant portion of most workplaces. These millennial workers often have some experience under their belt, unlike younger employees, and they are typically skilled in navigating technological resources, which can be more difficult for older employees.
No business owner wants to be sued. However, the fact is that disputes can and do arise involving employees, partners and third parties, despite efforts to avoid them.
Operating a business in California requires a lot more than finding ways to make money, managing a workforce and coordinating the logistics of delivering a product or service. It also involves knowing and complying with numerous state and federal regulations.
People do more online today than ever before. As such, many savvy business owners launched their business online.