Business Law

As an entrepreneur, the first thing you ever came up with was the name for your new business. It was an idea and an inspiration. It started this whole process and got you closer to your dream of being a business owner. However, right before you start officially taking...

Your contract is a binding agreement between you and another party. You paid them or delivered goods, so you expect them to fulfill their end of the agreement. Unfortunately, some people seemingly execute contracts with no intention of upholding them. Others let...

Operating your own business can be extremely rewarding, but it is by no means an easy process. You need to keep your workforce safe and happy, and you also want to ensure you are upholding all relevant legal rules and obligations. If your company relies on the use of...

As a business grows, it becomes more difficult for one person to manage the numerous moving parts. At this point, you may opt to enlist the help of a business partner.  You most likely invested a lot of time and effort into finding a suitable person, who shares the...

However tiny your business, it pays to put contracts in place early. As soon as you start working with other people, your company’s success depends on them.  For example, you open a small store selling coffee and cakes and take on a part-time employee to help on...

Farming remains one of North Dakota’s most profitable industries. Since everyone must eat, you know your goods will always be in demand. However, running a farm is not for the faint of heart as it takes lots of hard work to succeed in the farming industry. Along with...

As an employer, it’s important that you understand the laws that you must meet to keep your workplace safe and comfortable for your employees. One of the most important issues to address is sexual harassment. You should have solid employee training and a handbook with...

Some North Dakota entrepreneurs who are launching a new venture make a lot of legal mistakes that can backfire at a later time. There's a significant amount of work required to start a company, and many people fail to track their expenses by keeping receipts for tax...

A good business succession plan strikes a balance between maximizing returns for the current ownership generation and the subsequent generation's long-term goals. If you own and operate a business in North Dakota, it is important to employ the services of an...

One of the most popular types of North Dakota business entities is a partnership where one or more persons agree to invest in a business together. Unfortunately, statistics have revealed that close to 70% of all U.S. partnerships ultimately fail. Understanding why...