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Articles to LIFT Your Life and Business

A Simple Way for Business Owners to Document Their Legal Agreements

Sometimes you just want to document your own agreements without consulting with a lawyer. Written agreements are binding documents that define the obligations of all parties involved in a specific project or for the sale of a good or service. Written agreements are necessary to provide a clear record of agreed upon terms. That way, […]

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How to Properly Structure a Founder’s Agreement for Your New Venture

How to Properly Structure a Founder’s Agreement for Your New Venture We are a nation of entrepreneurs, but we are also living in a litigious society, so if you are starting a new venture and there are other founders involved, a founder’s agreement is essential to protecting your fledgling enterprise.  Here are some tips on […]

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Are Your Suppliers Putting Your Business Security at Risk?

Retail giant Target suffered a massive data breach last December that eroded its reputation and its bottom line.  How did this happen?  Apparently, hackers gained access to Target’s IT infrastructure via a third-party HVAC contractor that was connected to their network. This security disaster illustrates the risk that many businesses face when contracting with third […]

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Office Romances Can Have Employers Flirting With Trouble

Is there love in the air at your company?  We’re not talking about people who love their jobs…we’re talking about employees who find love while on the job, and this could lead to a bad breakup for business owners. Workplace romances are not uncommon these days, especially since men and women work together putting in […]

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Legal Tips for Crafting Non-Disclosure Agreements

The employment landscape has changed over the last few years and many small and mid-size companies today operate with outside help – contractors or freelancers who perform important tasks but who are not full time employees on your payroll, or even third party companies who consult on a new product or service. While companies that […]

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The 4 Legal Business Agreements Every Business Owner Needs

One of the most common questions business owners want to know is what kind of legal agreements they need.  And while the answer to this question depends a lot on what kind of business you operate, there are four key legal agreements that virtually every business owner will need to protect and operate their business […]

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Will Your Company’s Non-Compete Agreement Be Enforceable

Non-compete agreements have traditionally been a trusted business tool to help companies protect proprietary information that is central to their business.  However, the proliferation of these agreements in the past decade or so has caused them to lose their teeth in courts across the country.  Here are some tips on implementing non-compete agreements that will […]

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How to Discipline or Fire Employees the Right Way

Disciplining and/or firing an employee is one of the most dreaded tasks for CEOs and small business owners.  Sometimes the trauma of termination can be just as bad for the boss as it is for the employee.  But in this litigious society, bosses need to take extra care when disciplining or firing an employee to […]

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Litigation Over Noncompete Agreements Up 61%

According to the Wall Street Journal, litigation over noncompete agreements has risen 61%in the past decade – a number that may be low considering most cases are settled out of court and not reported. Long considered the standard for senior management employment contracts, noncompetes are becoming increasingly common at all levels of employment as a […]

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What to Do If a Customer Files Bankruptcy

It’s been said that into every life a little rain must fall, and for small business owners, that shower (or storm) can come in the form of a customer or client’s bankruptcy.  Here are some tips on what you need to do to improve your odds of getting paid: Stop contact.  Bankruptcy law prohibits creditors […]

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When Do You Need to Be Considering Your Business Agreements?

If you are running your own business and not looking at agreements regularly, it’s likely you are overlooking an important piece of your business and taking unnecessary risks.  The truth is that you do not need to have written agreements to have a valid agreement, but it sure does help when there is a dispute […]

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