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....
Business Litigation
5 actions for businesses to take when facing a lawsuit
In the dynamic landscape of business, legal issues can arise unexpectedly. When faced with a lawsuit, businesses must act promptly and strategically to protect their interests. 1. Assess the allegations Upon receiving legal papers, the first step is to review the...
What are common types of business ownership disputes?
According to the U.S. Small Business Administration, about 270,534 small businesses operate in Mississippi. They are important to the smooth functioning of the state’s economy. Of course, conflicts can arise among business owners in Mississippi. Understanding the...
Dealing with intellectual property theft in your business
With information flowing seamlessly across the web, protecting intellectual property becomes more challenging for businesses. Imagine spending countless hours developing a unique product or idea for your Mississippi business, only to find someone replicating it...
What to do when you and your business partner cannot agree
According to the Small Business Association, there were over 265,000 small businesses in Mississippi in 2021; many of those businesses have partners and co-owners. Running a business with a partner can be both rewarding and challenging. The shared vision, combined...
What you should know about contract disputes
A contract dispute can disrupt workflow, harm relationships and expose your organization to distrust. Avoiding disagreements requires a constant effort to communicate. A good contract is one that you continually work to improve. You should address any breaches of the...
How risky is business litigation?
Like other entrepreneurs, you know exactly how to make money by selling a product or service to customers. Business-related legal matters are not exactly in your wheelhouse, though. For that reason, you devoted a significant amount of time, money and energy to...
Can you be in business with a narcissist?
Trying to launch and grow a business by yourself can be overwhelming, as you probably do not possess all of the skills you need to be successful. Working with a business partner can help you bridge the gap. Still, you might not truly get to know your business partner...
3 possible remedies for when a partner breaches a contract
Operating a Mississippi business with someone involves a certain level of trust and respect, but sometimes, one member of a partnership breaks the other party’s trust or does something outside of the terms of the partnership contract. When your business partner...
Handling litigation due to alleged discrimination
If one of your employees accuses your business of discriminating against them, it is essential to recognize how much is at stake and identify the smartest course of action. Sometimes, employers can resolve this matter without going to court. Other cases result in...