Results Matter
The Kentucky Supreme Court recently issued a significant ruling in the case Swyers v. Allen Family Partnership #1 (2024). This case revolved around a dispute between business partners over the division of proceeds from the sale of a commercial property. The partners...
You may have heard about non-compete clauses in employment contracts. These agreements aim to safeguard businesses when employees depart. However, recent discussions at the federal level might reshape how these clauses work. As a Kentucky business owner, you need to...
Starting an online business may seem like it will be an easier undertaking than setting up a brick-and-mortar business, but that might not necessarily be the case for some entrepreneurs. There are several considerations that individuals opening an online business need...
Before signing a franchise agreement, it is essential to do your due diligence. One critical aspect of this process is reviewing the Franchise Disclosure Document (FDD). This document provides valuable insights into the franchise system, its operations and the terms...
Just like marriages, business partnerships can encounter rocky roads and end in a messy divorce. The critical thing in ending any relationship, be it a marriage or a business partnership, is remembering that behind the other side of the argument is someone you once...
Owning a business is a major responsibility, but it can be rewarding to watch it grow. In some cases, growth of a business doesn’t follow a solo path. It’s sometimes necessary for two or more companies to become one in order to reach a larger target market and...
Starting a business requires a significant amount of time, work and resources. To get your business off the ground, you will need to fine-tune your business plan, evaluate your finances, select your partners, decide on the business structure that works for you and...
Sometimes, the people who begin a business partnership together are in different stages of life. One offers far more work experience than the other and may not want to continue working for as long as their partner does. Other times, the partners could theoretically...
A merger involves the voluntary fusion of two companies to form a new business entity. Business owners with firms roughly equal in size and scale of operations usually agree to merge. If you are considering this strategy, you will need to identify the type of merger...
Non-disclosure agreements (NDAs) are effective at safeguarding sensitive information. While they are beneficial to businesses, there are instances where employees might find their application questionable. Individuals who have left a company may find reasons to break...