Forming a new business means taking risks. When that new business is a partnership, those risks may seem greater because your friendship or relationship becomes a factor. Creating a comprehensive partnership agreement helps define roles, responsibilities and...
Current societal and legal perceptions alter the enforceability of non-compete agreements, which poses new challenges for business owners trying to protect their interests. A non-compete agreement protects your place in the industry amongst your competitors by...
There is a unique relationship between landlords and commercial tenants operating a business on rented property. It is in a business owner's best interests to remain on good terms with their commercial landlord, as failure to do so can result in a dispute that may...
When you sign a lease on a commercial building, you may encounter use and exclusive clauses that establish additional rules. These clauses often limit the activities you and the other tenants on the property can do. As a business owner, you should take care when...
When you rent a property for the purpose of conducting business, you will sign a commercial lease with the landlord. Before you put your signature into writing, though, there are certain items in the contract that you should double-check. Serious real estate disputes...
The first step in starting a business is determining the appropriate business structure. Two of the most popular options are limited liability companies and S-corporations, but you do not have to choose one or the other. Unlike LLCs, S-corporations refer to taxing...
As a business owner, there are several issues you need to take into consideration, especially when first starting. One of these has to do with hiring and firing employees. Employees are the backbone of your business. You want to keep them happy, yet when it comes time...
The state of Nevada is home to many entrepreneurs who are starting a new business. Due to the business-friendly allowances for operators primarily in Las Vegas and Reno, many new startups get established in Nevada. The most important decision these businesses make at...
Moving into a commercial building may be an effective way to scale your Nevada business. However, it's important that you fully understand the terms of the lease before signing it. An attorney can review a proposed agreement before it goes into effect to determine if...
A limited liability company (LLC) is similar to a corporation in many different ways. For example, like a corporation, an LLC is separate from its owners. Therefore, anyone who tries to file a claim against the company can only recover assets owned by that entity. In...
