Running a business in Mississippi comes with many challenges, and among these are the inevitable business disputes that can arise. Whether these disputes involve partners, employees, customers, or other businesses, handling them effectively is important to maintaining...
Year: 2024
How to navigate probate without a will in Mississippi
Probate is the legal process of administering a deceased person's estate to distribute assets and settle debts. In Mississippi, when a loved one passes away without leaving a will, the probate process can become more challenging. Identify the administrator The first...
Why businesses should consider an environmental audit
In today's eco-conscious world, many people prioritize caring for the environment. Besides private citizens, business leaders also want to take action. An environmental audit is a tool that companies use to measure their impact on the planet. There are many reasons...
What are the obligations of an estate executor?
An estate executor is an important part of the administration of a deceased person's estate. The executor is responsible for carrying out the wishes of the deceased person and ensuring that the distribution of the estate is according to the law. Creating an inventory...
Strategies for writing effective contracts
Contracts serve as the foundation for agreements between parties. Business owners must focus on developing effective contracts. However, disputes and breaches of contract can arise, potentially leading to costly lawsuits. Well-designed contracts help protect you from...
Different ways to appraise commercial property
Buying a location for your business gives you greater control than if you just leased the property. Still, a land purchase comes with its own risks, such as overpaying for a piece of subpar real estate. This is why you should appraise the property before acquiring it....
What are your options if a partner wants to leave the business?
When facing a situation where a business partner expresses the desire to part ways, you might feel limited in your own options. This is a pivotal moment that can significantly impact the future of the business, so it is important to carefully consider how you proceed....
Should successor companies worry about litigation?
If you have owned a business that failed, you might take the lessons learned from running the enterprise and create a second one from the ashes. However, should you own a successor company, be aware that launching one could present some potential litigation risks. A...