Entering into an Oregon business partnership requires you to have a certain level of trust. However, partnerships turn sour for all types of reasons. So, it may serve you well to have a solid partnership agreement in place even if you have the utmost trust in your...
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PORTLAND BUSINESS & COMMERCIAL LAW BLOG
What is “termination for convenience?”
Securing a contract is a noteworthy event in the life of any business in Oregon. This is especially true if your company's new contract is with a government partner. Such entities typically offer greater stability than businesses in the private sector. Therefore, some...
Comparing C corporations to S Corporations
One of the first steps to take when creating a new company is choosing a business structure. A corporation is a popular choice because of the protections for personal assets from business creditors. However, there are different types of corporations to choose from as...
How do you navigate a breach of contract?
A few months ago, you entered an exciting contract with a business partner, employee or vendor. The business relationship started well, but now, you feel the other party violated your agreement. Chron provides insight into how to handle contract violations. Learn how...
What are the most common disputes a business owner might face?
Although there are certain protocols in place, the life of a business owner does not always run smoothly. Here are four types of disputes that might arise over the lifetime of a business. 1. Business-to-business disputes The relationship between businesses is valuable...
What are potential benefits and drawbacks of LLCs?
As someone starting out on your business venture, one of the first things you want to do is decide what business formation works best for your purposes. There are plenty of different business formations out there, from S Corporations to LLCs. But which one works best...
What is trade secret protection?
As an up-and-coming business owner, entrepreneur or content creator of any sort, it is important to protect what makes your work unique. You can go about this in many ways, such as filing for patents or copyright. But what about trade secret protection? Though it gets...
Key considerations when choosing a business structure
When you have an idea for a startup in Oregon, you need to figure out what type of legal structure to adopt. This decision has many implications. It may impact everything from how you pay business taxes to the compliance requirements to which you must adhere. Per...
3 things you should do before buying a business
If you would like to become an entrepreneur, but you do not have a groundbreaking idea that you want to pursue, your best bet may be to purchase an existing company. You can avoid some of the beginning stages of business creation and implementation, making it easier...
What makes a contract fair?
When trying to enforce a contract through litigation, the court will scrutinize the contents. It will look for anything that might violate the law. While there are many different legal aspects required to create a binding contract, you always want to be sure that in...
