A business partnership is somewhat like a marriage. When the two partners are on the same page about business decisions and other important matters, it can be a good and lucrative union.But when the two have wildly disparate and divergent ideas and plans for their...
How to avoid legal conflicts with overseas vendors or suppliers
Contracts are designed to solve problems and prevent lawsuits -- not create them. But it can be particularly tricky to negotiate a good contract with your overseas business contacts. If you're trying to establish a working relationship with overseas vendors and...
How do you stay friends with your business partner?
Going into business with your best friend or longtime buddy can sound ideal. After all, who better to go into business with than someone who already knows and appreciates you, right?The only problem is that business arrangements can sometimes put a strain on the best...
Use mediation to resolve a partnership dispute
It's your hope that you never face a partnership dispute so serious that you can't talk it out. However, the longer you're in business together the greater chance there is that something could eventually go wrong.If your partnership dispute continues to drag on, it...
What’s the best way to remedy a breach of business contract?
As a business owner, you hope that you never run into issues associated with a breach of contract. However, the more contracts you sign, the greater chance there is that this will eventually happen.If you find yourself dealing with a breach of business contract...
What should you do about a partnership dispute?
Working with a business partner is beneficial in many ways. From helping you grow the company to taking on some of the risk, there are many reasons to go into business with a partner.Unfortunately, partnership disputes are all too common. While disagreements are sure...