While consulting agreements seem straight forward, there are frequently some mistakes made when putting them together. These mistakes could end up hurting one or both parties, and could end in litigation. Here are five common mistakes to avoid with consulting … Continue reading
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What to Include in a Purchase and Sale Agreement
One of InnovaCounsel’s many legal services deals with purchase and sales agreements. These contracts are generally used for transactions involving real estate and business assets. With purchase and sales agreements, certain conditions must first be met in order for the … Continue reading
Three Merger Mistakes to Avoid
Company mergers are often complicated arrangements with huge implications for all of the involved parties. As the merging companies begin to put the details together, there are three major pitfalls to avoid prior to closing the deal. Being too helpful … Continue reading
When to Use an Employment Contract
Employment contracts, similar to consulting contracts, set forth the terms of the relationship between employer and employee. These contracts aren’t always common but there are some situations where they should be used. These contracts should address many aspects such as: … Continue reading
Terminating a Consulting Contract
Sometimes consulting agreements don’t work out the way the company envisioned. It might not have worked out because of poor performance, financial reasons, or another factor. In any event, terminating a consulting contract can get messy if done in the … Continue reading
Seeking Venture Capital
When a start-up or new business cannot access funding from traditional sources due to size, assets, or their stage of development, they often turn to venture capital investments. These investments are usually made as cash in exchange for shares and … Continue reading
Seven Characteristics of Proper Corporate Governance
Effective corporate governance follows seven important characteristics that make up a code of ethics for a company’s leaders. They promote these characteristics through management of the business and its employees. The seven characteristics that make up good corporate governance are: … Continue reading
Drafting a Purchase and Sales Contract
A purchase and sales agreement relating to a business or company usually deals with selling said entity. Whether on the buying or selling end, knowing what to expect from these agreements is important. A purchase and sales agreement is the … Continue reading
Common Legal Issues for Small Businesses
Being a business owner can be difficult and stressful. One of the last items owners tend to think about when starting a company are potential legal issues. However, glazing over these possible issues can get business owners into a lot … Continue reading
Consulting Contracts
Sometimes companies are in need of a consultant to provide professional advice on a project. When creating a consulting contract, it should include certain requirements such as: An offer The acceptance Valid consideration Mutual asset A legal purpose Including these … Continue reading