Failing to properly reference the legal names of parties to a contract can create ambiguity about who is obligated by the contract. Companies that use a tradename or a dba, which is short for "doing business as," sometimes misuse their tradename when entering into a contract. Confirm the ex...
How to Write a Business Contract While agreements can differ in who signs them (for instance, an independent contractor or corporation) and what they're for (for example, leasing equipment or consulting services), they all share core characteristics. A contract is when two parties agree to exch...
2. Write a business plan It may seem like a tedious formality to write a business plan, but you should do it for two reasons: If you plan to seek outside funding, whether from a bank or an investor, they will likely want to review your business plan. Creating a business plan forces...
When you write a demand letter, you present your case on paper. You'll explain what happened by providing "the facts" and state the law that applies to your case. You'll also describe the evidence in your favor—and possibly provide copies of invoices and photographs—and explain why you...
looking to protect yourself, because you're making significant amounts of money from your sales, or you write in a subject matter that could be liable, or even are looking to have more control over your work, then moving your own writing under your own publishing company can be a prudent...
A business credit policy outlines the credit department’s clearly stated governing principles involving trade credit. An effective credit policy should align your corporate goals with business procedures and help your company reduce bad debt and write-offs. It should also serve to strengthen your comp...
Despite these statistics, not all startup owners need a co-founder to be successful in their journey. Bringing on co-founders is all about filling important gaps to ensure all of the company’s needs are met, such as: Skills gaps
If you own property in the name of the limited liability company, you will not receive the property back until the limited liability company is dissolved properly. It is essential that you complete a formal LLC dissolution to give up the company name and to close the permits. That way, no...
Car Loan (also auto loan, car financing): A car loan is a contract between you and a lender where they agree to provide you with the cash to buy a new or used car, and you agree to pay the money back over time. Unless you get a 0% financing deal, you'll have to pay interest...
you should have a copy of the script on file with theUSCOto prove that your rights to copyright protection have been violated. Unless and until you copyright your script and have it on file with the USCO, it can be difficult to pursue an infringement action in federal court. Meanwhile, th...