Business owners who employ workers need to ensure they have appropriate employee policies and procedures in place. This includes everything from policies about being on time for work to dictating what kind of activities are – and are not – acceptable on company time....
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Mergers are a time of meaningful change for companies
A merger brings two companies together as one. This is usually done to give the new company a bigger competitive advantage in the market. Bringing together the strengths of both companies can push the company in the right direction, but it can also come with some...
Use caution when responding to online complaints
In today’s digital age, online complaints and reviews are an inevitable part of business. How a company responds to these complaints is crucial, as it can significantly impact its reputation and customer relations. In some cases, the issue at the center of the...
2 ways to protect your business from litigation
Running a company is by no means easy, and there are numerous factors to consider. Ultimately, you need to be able to make the business profitable long-term. You’ll also have to ensure that your staff are content and clients receive the standard of services you...
What should you look for in a business partner?
The person you choose as your business partner could make or break that future business. It’s very important for both of you to know that you’re working with the right person from the moment that the business opens its doors. But how do you find that person? What...
2 warning signs your business partnership is in trouble
Business partnerships and romantic relationships share one thing in common: in the beginning, everything is super and you can’t get enough of your partnership’s brilliance. But as soon as you go past the honeymoon phase, you begin to learn the other side of your...
Ensuring that your trade practices are fair
The corporate world is notoriously competitive, and companies are constantly seeking innovative ways of getting ahead of the competition. Sometimes, the line between being innovative and breaching rules and regulations isn’t always that clear. One thing that you need...
Thinking of suing a business associate? What should you consider?
Did you catch your business partner siphoning off company funds? Perhaps the supplier of indispensable materials routinely violates your business contract. Whatever the case, seeking a remedy through the courts is often the most appropriate response to potentially...
My partner has stolen my trade secret. What next?
If you get it right, a business partnership can be the best decision for your entrepreneurship journey. A properly structured business partnership allows you to pull resources, skills and expertise together for a successful venture. But what happens if you learn that...
How to avoid breaking California’s unfair competition laws
You have likely heard stories of big businesses using underhanded or unscrupulous methods to “edge out” the competition. While it may seem like the business world is a “no-holds-bar” arena, this simply is not the case. While competition is essential to the business...