Anytime you enter into a business relationship, you should make sure the parameters of that relationship are clearly outlined in a business contract. These contracts are far more than just a formality — an effective contract ensures both parties fully understand the terms of their working relationship, and it also… Continued
In some cases, demand letters or negotiations can result in satisfactory payment or settlement of business-to-business debts. However, under certain circumstances, filing a debt collection lawsuit against the debtor in civil court may be necessary. If such litigation is necessary, you need to be sure you have a qualified B2B… Continued
Your business may have unpaid debts from many different sources, including consumers and businesses of all sizes and structures. The approach to successfully collecting a debt should vary depending on who the debtor may be. Debts owed by small business owners may especially require a particular approach to both receive… Continued
When customers fail to pay their bills or debts to businesses, these businesses have the right to pursue the money owed to them. Various tools and remedies are available to business owners to recover their payments. The most appropriate one to choose depends heavily on the circumstances of the debt… Continued
While the process of obtaining a judgment through business litigation can be a daunting and futile ordeal without legal representation, most business owners are probably well aware that the hard part is enforcing a judgment. Once a settlement or trial results in a judgment, the court essentially has no further… Continued
If you are the owner of a small business, the realization that you are investing more time and energy in the collection of outstanding debts than operating your company can be a disturbing discovery. Although many business owners decide this misallocation of time justifies retaining outside assistance to improve loss… Continued
As a business owner, you certainly understand that being able to collect on your business debts is an essential part of your financial success. Whether you sell goods or services, you certainly didn’t go into business to give your products or time away for free. Of course, you also want… Continued
Business Owners Need a Plan for Collecting Unpaid Debt To stay in business, you need to get paid for the services or goods you provide. However, it is inevitable that you will encounter customers who are habitually late with payments or fail to make them at all. To avoid having… Continued
No matter what size your business may be or how many employees you have, an employee handbook can prove to be an important tool and your experienced business attorney can assist you with creating it. An employee handbook can prove useful in many situations, particularly should litigation ensue between an… Continued
Change happens, and your business will face change in the future. How you manage change as a business owner will impact your company’s success and it is important that you are prepared because it all comes down to planning. Regardless of whether you are selling a business interest, giving it… Continued