Category Archives: Business Law
Warning Signs in Business Contracts
Contracts are an inevitable part of doing business. In business, contracts are the foundation of partnerships, securing services, and supplier relationships. For business owners, it is critical to understand the possible issues that could arise in any business agreement. If a contract is not reviewed and negotiated carefully, it can also pose many risks…. Read More »
Common Issues When Starting a Business in Utah
If you have a good idea and an entrepreneurial spirit, you may have considered starting a business. As you begin the venture, it is critical that you understand the legal challenges that may stand in your way of success. Below, one of our Utah business law attorneys outlines the most common issues entrepreneurs face… Read More »
What is the Best Structure for Your New Business?
Although starting a new business venture is exciting, there are also many decisions to make. One of the most important is choosing the right business structure. The structure you select will impact liability, taxes, and the daily operations of your business. It is important to understand the different options available so you can make… Read More »
The Importance of Contract Reviews
Business contracts are much more than merely documentation. They create the foundation of your obligations and deals. However, if you are signing contracts without fully examining them, or you are barely skimming the terms, you may think you are simply trying to save time but you are actually putting your business at risk. Most… Read More »
Why is a Contract Review So Important?
When running a business, contracts are not just more documents. They are the foundation of your obligations and the agreements you have made with other parties. Too many business owners simply sign a contract without fully reviewing it, or they skim the terms in an effort to save time. Instead of this being a… Read More »
What is a Breach of Contract in Utah?
Contracts form the basis of many business relationships in Utah. Contracts outline the parties involved in an agreement, as well as the rights and responsibilities of each party. The concept of a breach of contract is well-known but still, largely misunderstood by many people. For example, not all failures to fulfill a contractual obligation… Read More »
Why Should Small Business Owners Work with a Lawyer?
When many people think of business lawyers, they often first imagine large teams of attorneys who represent huge corporations. However, business law attorneys do much more than this and the majority of them do not represent big businesses. In fact, according to Forbes, 99.9 percent of companies in the United States are small businesses,… Read More »
How to Start a Business in Utah
Due to low taxes, a fast-growing economy, and strong support for startups, Utah is considered a very business-friendly state. While the state is home to many success stories, including Crumbl Cookies, you still need more than an innovative idea and a business plan to get started. There are legal steps you must follow and… Read More »
Common Mistakes to Avoid When Terminating a Business Contract
As an entrepreneur, you may excel at making deals. It can be easy to overlook the manner in which these agreements are terminated but giving this careful thought beforehand is just as important. How you terminate a contact will have a profound impact on your company’s legal standing and financial situation. It is not… Read More »
Benefits of Using Mediation to Resolve Your Business Dispute
Disputes that arise within a business can be very damaging to the company. Whether they involve employers, employees, partners, shareholders, suppliers, or other parties, a single dispute can stop business operations, damage a company’s reputation, and more. To prevent these negative impacts, it is important to resolve business disputes as quickly as possible. There… Read More »