Divorce is a difficult subject to talk about many people believe is only spoken about when couples seek to break away from a marriage. It can be surprising to some that marriage and business relationships are very similar. A business divorce is the separation of...
Business Law Professionals
Business & Commercial Law
3 tips for effective contracts with influencers
Social media “influencer” marketing has become a mainstream part of many business strategies these days, helping brands better connect with their target audiences through content that engages, educates and entertains. You can’t successfully collaborate with an...
Signs your business partner is stealing from the company
Business partnerships are founded on trust, but unfortunately, there can be instances where one partner may engage in dishonest practices, including stealing from the business. Identifying signs of such malfeasance is crucial for the health and survival of the...
How to buy out a business partner
When it comes to business partnerships, there may come a time when you find yourself contemplating a buyout. Whether due to strategic differences, financial considerations or a change in priorities, executing a successful buyout requires meticulous planning and...
What happens when a business partner wants out?
A shift in goals, priorities, personal circumstances or even irreparable differences can lead to a partner wanting out of the partnership. While their exit does not necessarily mean closing up shop, handling the situation with clarity and care can help ensure a smooth...
4 common causes of partnership agreement disputes
Business partnerships can expand your company’s access to greater opportunities with a wider range of skills. However, they also come with some challenges. When the partnership agreement leaves room for interpretation, it puts both of you at risk of misunderstandings....
There’s more than one type of contract breach
People talk about contract breaches without always realizing that you can define them in more than one way. First, it depends on whether the breach has actually occurred yet. Anticipatory breaches are where one party lets the other party know ahead of time that they...
My business partner is dishonest. How do I handle this?
Going into business with someone you can trust can be an exciting experience. After all, you share common goals and aspirations – growing your business and making profits. But what happens when you learn that your business partner is dishonest? What steps should you...
4 options to legally dissolve a partnership
Dissolving a partnership can be challenging. Reviewing your partnership contract and knowing what legal options are available is important. Whether due to irreconcilable differences, changing business goals or other reasons, taking the right steps is crucial when...
Signs your partner could be stealing from the business
Entering into a business partnership with another party can be a very exciting experience. If everything goes to plan, you can pool your resources, grow your portfolio, broaden your market reach and create wealth. But, like in any relationship, it is not uncommon for...
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