Buying out your business partner in Utah, whether in a limited liability company (LLC) or corporation, requires more than agreeing on a number. You also need a structured process that can help protect all parties involved and ensure compliance with state regulations....
There are many risks associated with real estate transactions, including leases. While a purchase is obviously a bigger investment that comes with more risks, leases can also impose unexpected obligations on the party acquiring real property. The due diligence process...
When you are running a business, contracts are not simply paperwork; they're the backbone of your deals and obligations. But if you are skimming terms or signing without a second look, you're not saving time — you're taking a risk. Most legal disputes don't come out...
The gig economy has transformed how people work, with jobs like driving for Uber or delivering food for DoorDash becoming increasingly popular. While these jobs offer flexibility, they also raise questions about worker protections and legal. Employee or independent...
Starting a new business is an exciting journey filled with many decisions. One of the most important choices is selecting the right business formation. The structure you choose affects taxes, liability, and how you run your company. Understanding the different options...
In today's digital age, businesses must focus on protecting themselves against cyber threats and data breaches. Safeguarding your company's information is essential. Here are six key strategies for protecting your company's sensitive information. Implement strong...
A breach of contract occurs when one party does not fulfill their obligations under a contract's terms. This breach can vary in severity from minor to material, and understanding the nuances is important for businesses. What is a breach of contract? A breach of...
Non-compete agreements are a valuable tool for protecting a company’s interests when an employee leaves. However, it is important that you write the agreement carefully written to hold up in court if challenged. There are 3 key elements to include when drafting a...
The rate of startups in 2021 increased by almost 10%. This translates to over 476,000 new startups and indicates a strong market as well as one that will likely continue to grow in coming years. Is it all good news for start-ups? It is important to point out that...
Thanks to a recent agreement between the Consumer Financial Protection Bureau (CFPB) and the National Labor Relations Board (NLRB), more American workers will have better protection in a gig economy. Key areas concerning modern-day employees include employer-driven...