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...
Business Law
Getting your business partnership back on track
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...
5 things to consider in a business contract
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...
What does it take to start a farming business in North Dakota?
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...
Have a plan in place to put a stop to sexual harassment
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...
What are the most common legal mistakes made by startup companies?
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...
Plan for the future of your business with a succession plan
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...
Is your business partnership destined to fail?
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...
Why business owners need a succession plan
When you are busy running your own business, you always have a lot of tasks to take care of. While you often look toward the future, to ensure your business can succeed in the long run, one task you may overlook is creating a succession plan for your business. Even if...
Signs you need a business dispute attorney in Fargo
Owning and operating your own business is the dream for thousands of entrepreneurs who want to be their own bosses. However, many North Dakota business owners have probably come to the realization that there is a lot of legal work to do to ensure that their businesses...
