Written by Stuart Blake and Michael Oswald Many businesses join forces to benefit from one another’s strengths and expand sales or operations. There are two ways businesses can do this: through a joint venture or a strategic alliance. This article … Continue reading
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Common Uses for Non-Disclosure Agreements
Many companies need to protect the confidentiality of information when hiring employees, or making business deals with another party. To do this they create non-disclosure agreements. The most common instances when a non-disclosure agreement is appropriate include: Trade Secret Protection … Continue reading
End-Of-The-Year Risk Assessment
As the calendar nears the end of 2016, companies should start considering a business risk assessment. This can help the business start the new year on a solid note, feeling more secure about where they stand. The attorneys at InnovaCounsel … Continue reading
Minimizing Potential Lawsuits for Small Businesses
If a small business gets hit with an employee lawsuit, it could quickly drain the business funds. Even a small issue can end in a lawsuit, which is why small businesses need to protect themselves. Here are five precautions to … Continue reading
Termination and Employment Law Through the Years
Terminating employees is not always an easy process. Many employers believe they can simply terminate an employee because they are employed at will or that they have total discretion to terminate without cause without repercussions. However, it is not that … Continue reading
Creating a Company Code of Ethics
When starting a new company, those creating it need to decide what the company will believe in and aims to live by. This is the company’s code of ethics. However, it doesn’t work alone, it works in conjunction with the … Continue reading
Penalty Increases
Companies are going to have to be even more careful about following rules set by the EEOC and DOL to avoid hefty fines. First, the EEOC announced an increase in its notice-posting violations. Then, the DOL also announced civil penalty … Continue reading
Joint Development Agreements
Joint developments can be good business and accounting decisions. Joint developments, or ventures, are strategic alliances between two or more individuals or entities to engage in a specific project or undertaking. Usually the individuals or entities enter the venture to … Continue reading
Retaliation Claims
Sometimes employees believe their boss is punishing them unfairly for an action in the workplace. If true, this punishment could be considered retaliation, which is prohibited in the workplace. Retaliation is described as occurring when an employer punishes an employee … Continue reading
What to Know About Franchise Agreements
Owning a franchise gives people the opportunity to work for themselves and build a business. When considering becoming a franchisee, the contract should be carefully reviewed. It is also wise to have a corporate business attorney review the contract and … Continue reading