Your company took on a major project that promised significant profit. You finished the project on time or possibly even ahead of schedule. You kept costs low and communicated with your client regularly about the status of your work. However, despite fulfilling all...
Brick Business Law
What is a breach of fiduciary duty?
For a business to take off and maintain momentum, presidents, investors, managers, CEOs, employers and employees are trusted to do their jobs right and to act in the best interest of the company and its stakeholders, not themselves. They have what is called fiduciary...
How do I choose the right partner for a joint venture?
Businesses of all sizes combine forces via joint ventures to harness their potential and build relationships depending on their needs. There is often strength in coming together. Done right, a joint venture can help a business increase its productivity, access new...
How can my company recover business debts?
Negotiating a contract with another business should mean that you can safely do business together. You can perform work knowing you already agreed on a specific quote or make a payment anticipating the delivery of certain materials. Unfortunately, there are some...
What Impact Does a Non-Solicitation Agreement Have on Your Work?
Every time you accept a new job, you have to negotiate an employment contract. Many professionals simply sign the documents that their new employers provide without changing or challenging anything. It is only later when they start thinking about moving on, that they...
Have you established your business goals for the upcoming year?
Goal setting is one of the most important decisions you can ever make for your business. Properly set goals can help you stay focused and steer your business in the direction of growth. While most entrepreneurs think of goal setting as an exercise that should only be...
Are your internal business contracts exposing you to unnecessary risks?
A well-structured business will typically create a contract for any agreement to ensure their business runs smoothly -- and that includes internal agreements with their employees, partners, shareholders and others. These generally outline what business owners expect...
Are your business agreements and contracts up to snuff?
Attracting customers and finding suitable suppliers takes a lot of effort. So many companies lose these contacts through misunderstandings over the terms of their relationship. To keep them, you need to ensure hat you maintain good communication by creating contracts...
Avoid the “I have to do everything myself” pitfall
If you're the head of a business, it can be tough to delegate responsibility to others and let go. You may feel like you need to be in control of everything to ensure that your business runs smoothly. But if you don't delegate, you'll quickly become overworked and...
Business owners: Now is the time to start planning for 2023
If you own a business, you’re probably gearing up for everything that the end of the year brings from the holiday rush to holiday vacation schedules for your employees. It’s a lot of work. Nobody is denying that. However, if you want to have a successful operation in...