Many start-up companies and small business professionals attempt to download and modify their own business contracts, or create them based upon a contract from a previous employment experience. After decades of experience as a business attorney I can tell you self crafted contracts lead to expensive disputes and lost profits....
Prince’s Lack of a Will Highlights the Value of a Trust
The death of the artist Prince was a shock to many of us. What surprised me as a trust, estate and tax attorney is his complete abdication of planning his estate, especially when you consider the energy and effort he expended to protect his music and the rights to it....
Well Structured Business Contracts Ensure Successful Outcomes
Well structured business contracts ensure a successful outcome by anticipating all potential challenges and providing specific steps to guide the parties through. Well crafted business contracts clearly establish the roles of each party, and the "benefit of the bargain" expected by each party to the contract. Clear, concise and thorough...
Supply Chain Management and Well Crafted Contracts Ensure Business Flows Smoothly
If your company purchases goods and services from other sources or vendors and integrates them into a manufactured product or integrated product bundle it is important to implement sound supply chain management. Effective supply chain management encompasses every aspect of planning, purchasing, accounting, tax planning, production, and ultimately selling the goods...
The Structure of a Business Contract Guides a Successful Business Transaction
The structure of a business contract has a substantial impact on the quality of the transaction, and the likelihood of a successful outcome. A well drafted business contract clearly establishes the role of each party, the goods and/or services to be exchanged and the value of the contract. Contracts that...