Contracts are the building blocks of every successful business relationship. They clarify expectations and avoid misunderstandings.
Of all the hassles that people anticipate when they aim to open a new business, "zoning problems" seldom even make the list -- until they become a problem.
Even if you didn't sign a noncompete agreement when you started your job, you still may need to know how to handle the issue if you're asked to sign one. More and more employers are using noncompete agreements to protect their interests. It's a wise business move for many in an age where "what you know" can be as valuable as "what you can do."
Online reviews are important to a business. They not only affect a company's ability to rank highly in search engine results, but they're also extremely influential when it comes to encouraging customers to try a business product or service.
If you've been in business for any length of time, you already know that you can't destroy any documents that could be relevant to a possible lawsuit.
Whether you're retiring or just closing up shop to focus on other goals, it's important to follow the right steps to formally dissolve your business. Otherwise, you could be opening yourself up to unfortunate financial liabilities toward the government, suppliers, customers and employees.