No one looks forward to business disputes, but they are an unfortunate part of running a business. Sooner or later, you will get into a situation where you and another party (or parties) disagree on something. In these instances, how you handle the dispute can change...
As a business owner, protecting your company’s interests and minimizing risk whenever possible is essential. One way to do this is to consider your contracts with third parties and vendors carefully. Familiarize yourself with common contract mistakes to avoid trouble...
When you and someone else agree to run an Oregon business together as partners, you may decide to draft a formal partnership agreement stating as much. On the other hand, you may decide to partner with one another using nothing more than a verbal agreement. While both...
A non-compete agreement is a contract between you and an employee in which the latter agrees not to work for a direct competitor of yours within a certain geographic region for a certain amount of time upon the termination of his or her employment. According to the...
When partners form a business, they trust that each person considers the company's best interest a priority. Unfortunately, that is only sometimes the case. While simple disagreements may end in a split of the partnership, others might end up in court. Gross...
First-time business owners or veterans in the field alike always have to start off with the same question when launching a business. What will they classify their business as? An LLC - or a limited liability company - serves as a well-known structure that many...
When it comes to starting a business in Oregon, there are tax implications and legal steps to take on top of building a brand and marketing a product. One step in this process is determining which type of business works best for your setup. The Internal Revenue...
If you own a business with one or more co-owners, you should have a buy-sell agreement in place. This is a contract between co-owners that sets the price at which each partner can sell interest in a company. As with other contracts, a buy-sell agreement has to be...
An important step in the employee onboarding process is ensuring that every new employee reads and understands the employee handbook. There are many common mistakes that business owners make when drafting employee handbooks. When writing a handbook for your company,...
Federal law prohibits business owners from engaging in business practices that are deceptive or unfair to either consumers or competitors. The Federal Trade Commission outlines the legal standards for determining whether an act or practice is deceptive, unfair or...