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Contractual arrangements are the bedrock upon which strong business relationships rest. Yet, a lot of small businesses try to forego the formalities of a contractual agreement, perhaps out of an interest in saving time and money, or maybe because they prefer to build...
No matter what industry your company does business in it is likely that executing valid, enforceable contracts is a common and essential business practice. So, when the other party to the contract does not fulfill their end of the bargain, it can put your company in a...
Kentucky business owners know that one of the keys to a successful business is having the right contracts in place. Contracts with your suppliers, manufactures and customers are vital to ensuring your business remains healthy and profitable. Negotiating contracts can...
For readers of this blog, business law and contract disputes are often a topic. Though, disputes between healthcare companies are rare. In this case though, the dispute between UnitedHealthcare and Prisma Health has shown all business owners, contract disputes can...
Being that Kentucky is the home of one of the best-known horse races in the world, it is not surprising that the equine industry makes up an important part of Louisville and Lexington’s economies. Like any other business, an operation that makes its money in the...
Our readers in Kentucky probably know that when it comes to running a business, sometimes it seems like everything has to go perfectly. There are many different laws and regulations that even the smallest of businesses need to comply with. When it comes time for you...
Operating a business is not always perfect. Things go wrong and changes need to be made to keep a business running as smoothly as possible. Business contracts are often pivotal to a business operating. Thus, when another party breaches a contract, this could generate...
Starting a new business in Kentucky is an exciting endeavor. However, not every potential business owner wants to start a business on their own from the ground up. For these individuals, franchising may be an attractive option. How does franchising differ from buying...
Some people assume that they will automatically have to go through a trial if their company is sued. This isn’t usually the case because many lawsuits are handled via alternative dispute resolution methods. One of these options is mediation, which is often preferable...
There are many different options to choose from when you set out to incorporate your business. One requirement that you must meet if you select most of these structures is that you have to either appoint a board of directors or officers for it. Those individuals that...