As a business owner, one of the most stressful situations you could face is one in which you are handling a business dispute. Fortunately, there are ways of dealing with it that will make it less difficult on a whole. But what are those steps and exactly how will they...
Business And Commercial Law
How do you preserve business ties in a dispute?
Getting into disputes is a simple fact of life, whether these disputes happen between friends, couples or business partners. However, due to the number of assets or money that could end up involved in a business dispute, these arguments often end up getting out of...
What should you know about environmental audits?
In many industries these days, environmental audits comprise a critical part of compliance with the government. From the start of operations, you should have a solid plan to comply with environmental audits. It is not something you can simply skate through at the last...
Is your risky business partner worth it?
Going on a business venture with a partner is often an immensely fulfilling journey. It also offers numerous benefits compared to starting off alone. However, there are some major hurdles as well. Many come into play if a person's business partner is less than ideal,...
What is a mediator’s role in disputes?
When working through a dispute with a business partner, it is important for both parties to do whatever they can to preserve the business tie. After all, a business is only as healthy as its relationship with others. One way to do that is by aiming for mediation...
3 methods of resolving business disputes
When you own a Mississippi small business, the odds of you finding it involved in some type of business dispute at some point is high. Business disputes often involve a contract, shareholder, employment or fraud issues, among others, and, in some cases, they may cost...
What creates a binding contract?
Entering into a contract creates a legal agreement. If you break it, there are legal consequences. However, to enter into a contract that is binding, the contract must meet specific criteria. The Mississippi Bar explains a binding contract must have an exchange for...
Signs that you may have a risky business partner
When you and your business partner talk about risk, you’re probably thinking about the risks you decide to take with the company -- changing your focus, reaching out to a new audience, taking on more debt and so on. But what if your risk comes from your business...
Preparing for an environmental audit: 5 tips to keep you on track
In today’s business world, environmental audits are a key part of governmental compliance efforts in many industries. You cannot prepare for an environmental audit at the last minute. You need to have a plan in place from the very start of your operations. Ways to...
Potential reasons for a breach of contract
When someone signs a contract with your business, you and they are both legally obligated to adhere to that contract. Failing to do so is a breach of that obligation and can lead to legal action. Now, there are several common reasons a contract can be broken -- and...