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When a business partner or vendor fails to fulfill a contract, your operations can stall instantly. This uncertainty can bring intense frustration and financial stress to business owners. You do not have to navigate this alone, and you can pursue specific financial or...
Before you can pursue a breach of contract claim in Indiana, you must first prove four specific legal elements. Miss even one and your case may not hold up in court. Thus, knowing these elements gives you a strong foundation to protect your business and act with...
Franchise agreements set the rules for how franchisors and franchisees work together. When a franchise owner does not follow the terms, it creates problems that can lead to serious disputes. Knowing the possible outcomes helps you avoid costly mistakes and prepare for...
Contracts are the cornerstone of many business transactions. They lay out the expectations from both parties, so each one knows exactly what they’re responsible for. Many contracts conclude with both parties being fully satisfied with how it went. But, there are some...
Businesses often negotiate contracts to lock in prices and connect with necessary resources like supplies and services. Contracts also help ensure that a company receives appropriate payment for the goods or services it provides to others. Most of the time, those who...
Running a business is an exciting venture, but even the most successful companies can face internal disagreements. When disagreements involve shareholders, the stakes can be particularly high. While some disputes can be resolved through negotiation, others reach a...
Starting a business with a partner can speed up the formation process and make business ownership more accessible to a broader range of people. Those without hands-on management experience or sufficient liquid capital to fund an endeavor all on their own can, for...
Competition is supposed to be good for business – and good for society as a whole. But there are times when business rivals don’t know where the boundaries lie between “fair competition” and a type of improper conduct called “tortious interference.” One common type of...
The parties that invest in a business and become shareholders have an interest in its operations. The rights of shareholders include voting rights, a partial ownership interest and an influence on the long-term goals of the company. They help plan for the future and...
In some regards, a business partnership is like marriage. There is often a honeymoon period full of excitement when the relationship starts, but things can sour later. You have obligations to one another and sometimes partial responsibility for the mistakes or...