Too many business owners neglect to take the necessary steps to protect their proprietary information. Often, they don't realize just how valuable this information is and how risky it can be if it gets into the wrong hands or becomes public. Taking legal action after such information has been disclosed is more difficult if there was no legal document in place to protect it. It also won't undo the damage that's already been done.
Lawsuits over construction defects can be complicated. There are a number of individuals and entities involved throughout the process of erecting a building — architects, engineers, developers, contractors, subcontractors and suppliers.
If you're a painter, writer, musician or another type of artist, inventor or innovator, you may seek to copyright your work. This can prevent others from using it or profiting from it without your permission.
Many business owners are required to disclose information to employees and contractors that is necessary for them to have in order to do their jobs or that they may become privy to in the course of their work. However, if the information got out, it could harm the company.
Whether your business has been in your family for generations or you've started your own enterprise, which you hope your children will carry on when you retire, it's likely crucial to your financial well-being and a big part of your identity.
Forming a business partnership can be an exciting venture. Whether your partner is a childhood friend, your old college roommate, a family member or a former colleague, a partner in business can help ease the load and bring strengths and skills to the business that you don't have.
Virtually all trucking companies are dealing with a shortage of qualified drivers. As a result, many have relaxed their standards and loosened their age restrictions in order to have enough drivers to meet the demand for their services.
Businesses don't always need the same licenses, but the majority do need at least one or two to run legally. When you become a registered business in New Jersey, you may need to show that you have professional licensing or occupational licenses.
Making sure your commercial lease agreement is a good arrangement is important to the health of your relationship with your landlord or the property owner. A commercial lease is your contract dictating how much you pay, what kinds of additional expenses there are in the building and other rules and regulations.
Your business is important to you, and against all suggestions, you opened it with friends. You want to make sure you can buy them out if they don't get along with you later and need to know that there's a way to obtain full ownership if the need arises.