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If you’re considering starting a new business, you may not be sure which business structure to choose. There are many different entities that you can choose from, depending on the type of business you’re running and the goals that you have for your new company. They...
Going to court is something everyone wants to avoid for different reasons. When it comes to spats between a business and its partners, this is all the more true. But how can a business owner avoid taking a case to court? Is this even possible in the first place?...
Identifying, preventing and correcting discriminatory practices is essential for Kentucky business owners who want to avoid employee lawsuits. Discrimination can be conscious or unconscious but it is always unacceptable. Avoiding a lawsuit involves educating yourself...
When you own and operate a business in Kentucky, you run the risk of facing various types of lawsuits. Many business owners wind up facing lawsuits relating to discrimination, wage and hour violations, or contract breaches, among other common causes, and all such...
When your company works with sensitive information, you have to ensure that your employees do not reveal anything. One way you can do this is by drafting a non-compete agreement. There are several things you should consider as you put this document together. Who needs...
Business disputes are a near inevitability when you are running a company. However, the possibility you may dread the most is that the partner with whom you began your venture might try to push you out of the business. If you anticipate that your business partner may...
When dealing with a potential business dispute, one of the most important things to do is understand that you can look at more than just litigation when it comes to solving it. In fact, litigation may serve as a mistake. After all, business ties serve as a valuable...
When you work with a business partner, you should know how either of you may make your departure from the business. With a well-defined buy-sell agreement, you and your partner can arrange the details for how each of you may buy out the other partner’s interest and...
Contract negotiation is just the beginning of new relationships for your business. Employing the best strategies can help you leverage this opportunity to your benefit. Negotiation is a skill that requires critical thinking, communication and reasoning skills....
Your employees provide the heart and soul to your company's success. Even better, loyal employees share your vision for the future and find pride in contributing their skills and strengths to achieving company initiatives. Effective communication may foster feelings...