Browsing Tag

contracts

9 posts
negotiation
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5 Ways to Grow Your Startup Using the Power of Negotiation

Negotiation is one of the fundamental parts of staring your own business. Everything from acquiring a business loan to clinching deals with new clients and settling prices with suppliers will take an element of bargaining and compromise. For some, this type of haggling comes as second nature; but for others, the mere thought of business...
contracts
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The Clause Your Company Contracts Need to Protect You During COVID-19

COVID-19 has had a major impact on businesses worldwide, and aspect in particular that it has affected is pre-existing contracts. What happens if you have entered into a contract with someone and you can no longer perform under that contract due to the restrictions of COVID-19 or vice versa? Sometimes, we don’t pay enough attention...
partner
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Should You Start Your Business with a Partner?

Starting a business is no walk in the park. It requires an inordinate amount of patience and fortitude, not to mention time and money! Deciding to start up with a partner might seem like a great way to split your workload (and risk) in half, but think carefully before doing so. Partnerships aren’t for everyone. A...
side hustles insurance
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Side Hustles Can Be Risky Business: Here’s How to Protect Yours

Millennials are embracing the side hustle. And why wouldn’t they, when on average, a side hustle can bring in $8,000 a year? The majority of side hustles don’t cost a lot to get off the ground and provide a great way to supplement an existing income. However, they can be risky business. Why? Because side hustlers’...
non-paying clients
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5 Ways to Protect Your Business From Non-Paying Clients

When you work as a freelancer or run your own business, non-paying clients can be a major threat to your livelihood, and unfortunately, they’re all too common. The Freelancers Union found that 70 percent of its 280,000 members dealt with lost money because of delinquent clients. If you’re working on a large job or you...
non-disclosure
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7 Common Non-Disclosure Contract Mistakes Startups Make

Of the many contracts that startups draft and execute, non-disclosure agreements (NDAs) are among the most common. Protecting intellectual property is a key concern, and thus, startups want to legally prevent employees, vendors and investors from disclosing information about the company to others — in particular, the competition. Despite the importance of these agreements, many...
freelance
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Work Smarter and Streamline Your Freelance Business with Apps

As the owner of a freelance videography company called Foster Creative, I’m a videographer, graphic designer, motion graphic animator and entrepreneur all in one. Having recently moved from the plains of Nebraska to the mountains of Colorado to expand my business’ creative services where I grew up, I also realized how much I needed to...
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Important Contract Terms, Part I: Indemnify this.

One of the mainstays of my practice is writing, or reviewing and revising, contracts for my clients. Often, I am revising contract terms written by my client or another business person, and so, understandably, key contract terms are often absent or inadequately drafted. This led me to think about what contract terms could be critical...
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I”m floored!

I really, really wish I had something interesting to report. It’s pretty much business-as-usual around here. It’s definitely busier than normal, hence my lack of posts, but nothing out of the ordinary. (Perhaps I should start making up stuff?) On a good note, my husband replaced the laminate flooring in my work kitchen that I...