Important Lessons on Avoiding Common Pitfalls in Contract Drafting

Two people are doing corrupt behavior, they are mutual business partners and are signing contracts to receive bribes for mutual benefit. The concept of business fraud and bribery is illegal.

Correctly drafting contracts is vital for any business.  It provides the groundwork for solidifying agreements and outlining the responsibilities and entitlements of all parties. Unfortunately, the complexity of drafting contracts can result in mistakes that jeopardize the enforceability and legitimacy of the agreement. Following are the most common pitfalls in contract drafting and how to…

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Buying a Used Car: Essential Tips for Dealers and Private Sellers

a car salesperson showing a customer a vehicle

Buying a used car can be an exciting journey, opening doors to new adventures and increased freedom. However, navigating the used car market can also feel overwhelming, especially for first-time buyers. This comprehensive guide empowers both small business owners and individuals to approach the process with confidence, whether buying from a dealer or a private…

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Habits Your Business Should Adopt in 2024

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The year 2024 will bring business owners increasing competition, rapid advancements in technology, and an evolving remote workplace. To stay ahead of these challenges and succeed, check out the essential habits your business should adopt in 2024. Checking in With Clients Consistently Your clients are the lifeblood of your business. Ensuring client satisfaction and fostering…

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Here’s Everything You Need to Know About a Franchise Contract

a woman reviewing a franchise contract

In today’s world, there are plenty of ways you can make a living, and one that has been tried and tested is franchise ownership. It’s estimated that there are more than 750,000 franchise organizations in the US. Before you can take ownership of a franchise, however, you need to sign a franchise contract. It will…

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How is Artificial Intelligence Revolutionizing Contract Management?

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Contract management has changed over the past few years, specifically since artificial intelligence (also called AI) has come into existence and started to make the process of contract handling easier. Technology has changed the way businesses initiate, prepare, and manage agreements. With continuous advancements in AI, business organizations are increasingly moving toward automated contract management…

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7 Times Your Small Business Needs a Lawyer

Whether you’re starting out as an entrepreneur or are already running a small business, it can be hard to know if you need the services of a business lawyer or not. Many small business owners might believe that attorneys charge absurdly high rates.  Of course, many business owners will be able to handle some issues…

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Know These 4 Tips When Creating an Employment Contract

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Image Source: Pexels Contracts are important documents in the employment process for both small and larger businesses. They help your business to stay on the right side of the law while also outlining the mandates and roles of the employee at your company. To make sure your agreement is right and legally binding, here are…

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The 3 Biggest Small Business Adaptations After Covid

These days, going digital isn’t a choice, even for brick and mortar businesses. You may have known this was going to happen, even before the coronavirus. But most small business owners didn’t think the day would come so abruptly. The Need for Change Many businesses were forced to make drastic changes to keep functioning. Whether…

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